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Thai Coconut Public Company Limited produces and distributes coconut products in Thailand. The company operates through two segments, Coconut Milk and Coconut Water. It offers pet food, plant-based food, and plant-based cheese products. The company also provides coconut milk and cream, condensed coconut milk, whipping coconut creams, and Thai curry soups; coconut water, coconut milk beverage, customized formula beverages, plant-based milk, basil seed drinks, coconut coffee, coconut milk drink with nata de coco, drinking water, and coconut drinking yogurt, as well as coconut rolls, fruit preparation products, juice in gallon for HORECA, and frozen coconut under the THAI COCO and COCOBURI brands. It also exports its products to Europe, the United States, Oceania, Africa, the Middle East, and rest of Asia. The company was incorporated in 2015 and is headquartered in Nonthaburi, Thailand.

Thai Coconut Dividend Announcement

• Thai Coconut announced a annually dividend of ฿0.25 per ordinary share which will be made payable on 2024-05-02. Ex dividend date: 2024-04-11
• Thai Coconut annual dividend for 2024 was ฿0.25
• Thai Coconut annual dividend for 2023 was ฿0.20
• Thai Coconut's trailing twelve-month (TTM) dividend yield is 2.12%
• Thai Coconut's payout ratio for the trailing twelve months (TTM) is 83.53%

Thai Coconut Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-11฿0.25annually2024-05-02
2023-11-02฿0.20annually2023-11-17

Thai Coconut Dividend per year

Thai Coconut Dividend Yield

Thai Coconut current trailing twelve-month (TTM) dividend yield is 2.12%. Interested in purchasing Thai Coconut stock? Use our calculator to estimate your expected dividend yield:

Thai Coconut Financial Ratios

P/E ratio21.38
PEG ratio0.21
P/B ratio4.72
ROE22.75%
Payout ratio83.53%
Current ratio1.20
Quick ratio0.75
Cash Ratio0.23

Thai Coconut Dividend FAQ

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