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Thai Life Insurance Public Company Limited provides life insurance products and services in Thailand. The company offers life, retirement, investment, retail, health, accident, inheritance planning, critical illness, and elderly insurance products, as well as insurance products for savings and tax deductions, and kids. It serves through various channels, such as commercial banks, government banks, leasing and hire-purchase, consumer finance, direct marketing, group employee benefits, and digital. The company was founded in 1942 and is headquartered in Bangkok, Thailand. Thai Life Insurance Public Company Limited (SET:TLI) operates as a subsidiary of V.C. Property Co., Ltd.

Thai Life Insurance Dividend Announcement

Thai Life Insurance announced a semi annually dividend of ฿0.16 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-08
Thai Life Insurance annual dividend for 2024 was ฿0.32
Thai Life Insurance annual dividend for 2023 was ฿0.30
Thai Life Insurance's trailing twelve-month (TTM) dividend yield is 2.91%
Thai Life Insurance's payout ratio for the trailing twelve months (TTM) is 55.17%

Thai Life Insurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-08฿0.16semi annually2024-05-24
2024-03-13฿0.16semi annually
2023-05-09฿0.30semi annually2023-05-25

Thai Life Insurance Dividend per year

Thai Life Insurance Dividend Yield

Thai Life Insurance current trailing twelve-month (TTM) dividend yield is 2.91%. Interested in purchasing Thai Life Insurance stock? Use our calculator to estimate your expected dividend yield:

Thai Life Insurance Financial Ratios

P/E ratio12.03
PEG ratio-7.10
P/B ratio1.13
ROE9.66%
Payout ratio55.17%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Thai Life Insurance Dividend FAQ

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