Thai Mitsuwa Public Company Limited manufactures and sells plastic, magnesium, and mold products in Thailand and internationally. It offers plastic parts for use in automotive parts and home appliances; and magnesium parts that are used in automobiles, computers, mobile phones, cameras, etc. The company was founded in 1987 and is based in Muang, Thailand. Thai Mitsuwa Public Company Limited is a subsidiary of Mitsuwa Electric Industry Co., Ltd.
Thai Mitsuwa Dividend Announcement
• Thai Mitsuwa announced a annually dividend of ฿4.15 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-07-30
• Thai Mitsuwa annual dividend for 2024 was ฿4.15
• Thai Mitsuwa annual dividend for 2023 was ฿1.70
• Thai Mitsuwa's trailing twelve-month (TTM) dividend yield is 6.51%
• Thai Mitsuwa's payout ratio for the trailing twelve months (TTM) is 11.73%
• Thai Mitsuwa's dividend growth over the last five years (2018-2023) was -7.79% year
• Thai Mitsuwa's dividend growth over the last ten years (2013-2023) was -1.61% year
Thai Mitsuwa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | ฿4.15 | annually | 2024-08-16 |
2023-07-21 | ฿1.70 | annually | 2023-08-11 |
2022-08-03 | ฿0.90 | annually | 2022-08-22 |
2021-08-04 | ฿0.46 | annually | 2021-08-23 |
2020-07-31 | ฿1.78 | annually | 2020-08-21 |
2019-08-01 | ฿2.80 | annually | 2019-08-14 |
2018-07-20 | ฿2.55 | annually | 2018-08-08 |
2017-07-26 | ฿1.31 | annually | 2017-08-11 |
2016-07-22 | ฿1.05 | annually | |
2015-07-09 | ฿1.00 | annually | |
2014-06-11 | ฿1.20 | annually | |
2013-06-11 | ฿2.00 | annually |
Thai Mitsuwa Dividend per year
Thai Mitsuwa Dividend growth
Thai Mitsuwa Dividend Yield
Thai Mitsuwa current trailing twelve-month (TTM) dividend yield is 6.51%. Interested in purchasing Thai Mitsuwa stock? Use our calculator to estimate your expected dividend yield:
Thai Mitsuwa Financial Ratios
Thai Mitsuwa Dividend FAQ
Other factors to consider when evaluating Thai Mitsuwa 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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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.
1. Determination of Dividend: Thai Mitsuwa'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 Mitsuwa 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 Mitsuwa 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 Mitsuwa 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 Mitsuwa 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 Mitsuwa 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 Mitsuwa 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 Mitsuwa'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 Mitsuwa'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.