Thai Eastern Group Holdings Public Company Limited engages in the rubber, palm oil, renewable energy and organic waste management, and logistics businesses in Thailand and internationally. It produces and trades in concentrated latex, block rubber, and special grade block rubber products; and crude palm oil that is used in downstream, consumers products, and animal feed industries, as well as raw material to produce biodiesel. The company is also involved in the treatment of wastewater; production of biogas; and operates a fleet of trucks that transports raw materials. Thai Eastern Group Holdings Public Company Limited was founded in 1991 and is based in Chonburi, Thailand.
Thai Eastern Dividend Announcement
• Thai Eastern announced a annually dividend of ฿0.10 per ordinary share which will be made payable on . Ex dividend date: 2024-03-19
• Thai Eastern annual dividend for 2024 was ฿0.10
• Thai Eastern annual dividend for 2023 was ฿0.26
• Thai Eastern's trailing twelve-month (TTM) dividend yield is 2.69%
Thai Eastern Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-19 | ฿0.10 | annually | |
2023-03-13 | ฿0.26 | annually | 2023-05-23 |
Thai Eastern Dividend per year
Thai Eastern Dividend Yield
Thai Eastern current trailing twelve-month (TTM) dividend yield is 2.69%. Interested in purchasing Thai Eastern stock? Use our calculator to estimate your expected dividend yield:
Thai Eastern Financial Ratios
Thai Eastern 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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