Thai Energy Storage Technology Public Company Limited manufactures and distributes batteries in Thailand and internationally. It provides automotive, motorcycle, traction, EB, forklift, lighting, and golf cart batteries. The company was founded in 1986 and is based in Mueang Samut Prakan, Thailand. Thai Energy Storage Technology Public Company Limited is a subsidiary of Sustainable Battery Solutions, Inc.
Thai Energy Storage Technology Dividend Announcement
• Thai Energy Storage Technology announced a annually dividend of ฿0.25 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-06-27
• Thai Energy Storage Technology annual dividend for 2024 was ฿0.25
• Thai Energy Storage Technology annual dividend for 2023 was ฿0.25
• Thai Energy Storage Technology's trailing twelve-month (TTM) dividend yield is 0.47%
• Thai Energy Storage Technology's payout ratio for the trailing twelve months (TTM) is -185.66%
Thai Energy Storage Technology Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-27 | ฿0.25 | annually | 2024-08-16 |
2023-06-28 | ฿0.25 | annually | |
2022-06-15 | ฿0.06 | annually | |
2022-03-29 | ฿0.25 | annually | |
2021-03-23 | ฿0.25 | annually |
Thai Energy Storage Technology Dividend per year
Thai Energy Storage Technology Dividend growth
Thai Energy Storage Technology Dividend Yield
Thai Energy Storage Technology current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Thai Energy Storage Technology stock? Use our calculator to estimate your expected dividend yield:
Thai Energy Storage Technology Financial Ratios
Thai Energy Storage Technology 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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