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Thai Capital Corporation Public Company Limited imports, distributes, and sells coal, palm shell, and steel products in Thailand. It is also involved in the distribution of wholesale of food products. The company was formerly known as Thai Heat Exchange PCL and changed to Thai Capital Corporation Public Company Limited. Thai Capital Corporation Public Company Limited is headquartered in Bangkok, Thailand.

Thai Capital Dividend Announcement

Thai Capital announced a annually dividend of ฿0.03 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-05-30
Thai Capital annual dividend for 2024 was ฿0.03
Thai Capital annual dividend for 2023 was ฿0.05
Thai Capital's trailing twelve-month (TTM) dividend yield is 5.1%
Thai Capital's payout ratio for the trailing twelve months (TTM) is 79.25%

Thai Capital Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-30฿0.03annually2024-06-14
2023-05-25฿0.05annually2023-06-09
2016-03-01฿0.08annually

Thai Capital Dividend per year

Thai Capital Dividend Yield

Thai Capital current trailing twelve-month (TTM) dividend yield is 5.1%. Interested in purchasing Thai Capital stock? Use our calculator to estimate your expected dividend yield:

Thai Capital Financial Ratios

P/E ratio15.58
PEG ratio0.52
P/B ratio0.63
ROE3.97%
Payout ratio79.25%
Current ratio1.83
Quick ratio0.92
Cash Ratio0.52

Thai Capital Dividend FAQ

Does Thai Capital stock pay dividends?
Thai Capital does not currently pay dividends to its shareholders.
Has Thai Capital ever paid a dividend?
No, Thai Capital has no a history of paying dividends to its shareholders. Thai Capital is not known for its dividend payments.
Why doesn't Thai Capital pay dividends?
There are several potential reasons why Thai Capital 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 Thai Capital 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 Thai Capital 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 Thai Capital a dividend aristocrat?
Thai Capital 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 Thai Capital a dividend king?
Thai Capital 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 Thai Capital a dividend stock?
No, Thai Capital 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 Thai Capital stocks?
To buy Thai Capital 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 Thai Capital 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.