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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 dateDividend amountDividend typePay date
2024-03-19฿0.10annually
2023-03-13฿0.26annually2023-05-23

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

P/E ratio8.89
PEG ratio-0.27
P/B ratio1.13
ROE13.78%
Payout ratio0.00%
Current ratio1.16
Quick ratio0.31
Cash Ratio0.03

Thai Eastern Dividend FAQ

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