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Thai Mui Corporation Public Company Limited engages in the distribution of wire rope products and lifting equipment in Thailand. It operates through Sales and Services and Projects segments. The company offers single layer or single strand, and rotation resistant or multi strand wire ropes; chains; wire rope end fittings, such as wire rope clip, sockets, ferrule, and thimbles; shackles; steel loop masterlink; hook; turnbuckle; connecting link; chain chopper and load binder; hoist; fiber rope; heavy lift; marine products, such as chain, anchor, swivel, towing and mooring equipment; and soft and webbing sling. It also provides services that include inspection service on wire rope tensile strength and replacement services; visual inspection service of the crane and wire rope; non-destructive testing; and repair and training services. The company was formerly known as Thai Mui Trading Corporation Co., Ltd. Thai Mui Corporation Public Company Limited was founded in 1950 and is headquartered in Bangkok, Thailand.

Thai Mui Dividend Announcement

Thai Mui announced a annually dividend of ฿0.04 per ordinary share which will be made payable on 2019-08-09. Ex dividend date: 2019-07-25
Thai Mui's trailing twelve-month (TTM) dividend yield is -%

Thai Mui Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-25฿0.04annually2019-08-09
2018-08-27฿0.02annually2018-09-12
2018-05-31฿0.03annually2018-06-15

Thai Mui Dividend per year

Thai Mui Dividend Yield

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

Thai Mui Financial Ratios

P/E ratio-17.23
PEG ratio-0.10
P/B ratio0.55
ROE-3.14%
Payout ratio0.00%
Current ratio2.27
Quick ratio0.69
Cash Ratio0.08

Thai Mui Dividend FAQ

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