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Thachang Green Energy Public Company Limited engages in the production and management of renewable energy in Thailand. It generates and supplies electricity from biomass raw materials and municipal solid waste; sells steam and water; and offers waste management and construction services. The company was founded in 2011 and is based in Surat Thani, Thailand.

Thachang Green Energy Dividend Announcement

Thachang Green Energy announced a annually dividend of ฿0.00 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-03
Thachang Green Energy annual dividend for 2024 was ฿0.00
Thachang Green Energy annual dividend for 2023 was ฿0.00
Thachang Green Energy's trailing twelve-month (TTM) dividend yield is 0.11%
Thachang Green Energy's payout ratio for the trailing twelve months (TTM) is 2.33%

Thachang Green Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-03฿0.00annually2024-05-24
2023-03-14฿0.00annually2023-05-19

Thachang Green Energy Dividend per year

Thachang Green Energy Dividend Yield

Thachang Green Energy current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Thachang Green Energy stock? Use our calculator to estimate your expected dividend yield:

Thachang Green Energy Financial Ratios

P/E ratio20.58
PEG ratio2.37
P/B ratio2.00
ROE10.14%
Payout ratio2.33%
Current ratio2.16
Quick ratio1.82
Cash Ratio1.09

Thachang Green Energy Dividend FAQ

Does Thachang Green Energy stock pay dividends?
Thachang Green Energy does not currently pay dividends to its shareholders.
Has Thachang Green Energy ever paid a dividend?
No, Thachang Green Energy has no a history of paying dividends to its shareholders. Thachang Green Energy is not known for its dividend payments.
Why doesn't Thachang Green Energy pay dividends?
There are several potential reasons why Thachang Green Energy would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Thachang Green Energy ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Thachang Green Energy has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Thachang Green Energy a dividend aristocrat?
Thachang Green Energy is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Thachang Green Energy a dividend king?
Thachang Green Energy is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Thachang Green Energy a dividend stock?
No, Thachang Green Energy is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Thachang Green Energy stocks?
To buy Thachang Green Energy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Thachang Green Energy stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.