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 6.25%
• Thai Capital's payout ratio for the trailing twelve months (TTM) is 575.87%
Thai Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | ฿0.03 | annually | 2024-06-14 |
2023-05-25 | ฿0.05 | annually | 2023-06-09 |
2016-03-01 | ฿0.08 | annually |
Thai Capital Dividend per year
Thai Capital Dividend Yield
Thai Capital current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing Thai Capital stock? Use our calculator to estimate your expected dividend yield:
Thai Capital Financial Ratios
Thai Capital Dividend FAQ
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.
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