Thai Metal Drum Manufacturing Public Company Limited, together with its subsidiaries, manufactures and distributes metal drums in Thailand. The company offers steel and plastic drums for the storage and transportation of lubricant oils, petrochemicals, chemicals, agriculture products, food products, agricultural, and other products; polyethylene terepthalate plastic bottles and preforms; and polypropylene corrugated sheets to the drinking water and beverage companies. It is also involved in the rental of Lake Rajada office complex with a total leasing space of 51,730 square meters located in the business district on Rachadapisek road, Thailand, as well as trading business. The company was incorporated in 1958 and is headquartered in Bangkok, Thailand.
Thai Metal Drum Manufacturing Dividend Announcement
• Thai Metal Drum Manufacturing announced a annually dividend of ฿1.60 per ordinary share which will be made payable on . Ex dividend date: 2024-03-13
• Thai Metal Drum Manufacturing annual dividend for 2024 was ฿1.60
• Thai Metal Drum Manufacturing annual dividend for 2023 was ฿1.60
• Thai Metal Drum Manufacturing's trailing twelve-month (TTM) dividend yield is 6.48%
• Thai Metal Drum Manufacturing's payout ratio for the trailing twelve months (TTM) is 70.98%
• Thai Metal Drum Manufacturing's dividend growth over the last five years (2018-2023) was 5.92% year
• Thai Metal Drum Manufacturing's dividend growth over the last ten years (2013-2023) was -16.40% year
Thai Metal Drum Manufacturing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-13 | ฿1.60 | annually | |
2023-03-13 | ฿1.60 | annually | 2023-05-09 |
2022-03-14 | ฿1.60 | annually | 2022-05-09 |
2021-03-11 | ฿1.40 | annually | 2021-05-10 |
2020-03-11 | ฿0.55 | annually | 2020-04-24 |
2019-07-03 | ฿0.85 | annually | 2019-07-18 |
2019-03-11 | ฿1.40 | annually | 2019-05-09 |
2018-03-09 | ฿1.20 | annually | 2018-05-09 |
2017-03-10 | ฿1.20 | annually | 2017-05-09 |
2016-03-10 | ฿1.10 | annually | |
2015-03-30 | ฿1.00 | annually | |
2014-04-03 | ฿0.40 | annually | |
2013-05-27 | ฿0.60 | annually | |
2013-03-29 | ฿9.00 | annually |
Thai Metal Drum Manufacturing Dividend per year
Thai Metal Drum Manufacturing Dividend growth
Thai Metal Drum Manufacturing Dividend Yield
Thai Metal Drum Manufacturing current trailing twelve-month (TTM) dividend yield is 6.48%. Interested in purchasing Thai Metal Drum Manufacturing stock? Use our calculator to estimate your expected dividend yield:
Thai Metal Drum Manufacturing Financial Ratios
Thai Metal Drum Manufacturing Dividend FAQ
Other factors to consider when evaluating Thai Metal Drum Manufacturing as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Thai Metal Drum Manufacturing's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Thai Metal Drum Manufacturing publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Thai Metal Drum Manufacturing distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Thai Metal Drum Manufacturing are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Thai Metal Drum Manufacturing sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Thai Metal Drum Manufacturing distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thai Metal Drum Manufacturing declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Thai Metal Drum Manufacturing's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Thai Metal Drum Manufacturing's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.