Thai Nam Plastic Public Company Limited engages in the production and distribution of semi-finished plastic products, synthetic leathers, and films/sheets in Thailand. The company offers polyvinyl chloride (PVC)/PP foam sheet, TPO, TPU, PVC/ABS film, PU/semi-PU leather, and rigid PVC sheet products. It also engages in the service of cutting sheets and laminate foams. In addition, the company exports its products. Its products have applications in automotive, sports shoes and equipment, furniture, leather fashion, household, civil engineering, and agriculture industries, as well as credit cards, marine products, and other applications. The company was incorporated in 1970 and is headquartered in Samut Sakhon, Thailand.
Thai Nam Plastic Dividend Announcement
• Thai Nam Plastic announced a annually dividend of ฿0.02 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-07
• Thai Nam Plastic annual dividend for 2024 was ฿0.02
• Thai Nam Plastic annual dividend for 2023 was ฿0.02
• Thai Nam Plastic's trailing twelve-month (TTM) dividend yield is 1.68%
• Thai Nam Plastic's payout ratio for the trailing twelve months (TTM) is -43.93%
• Thai Nam Plastic's dividend growth over the last five years (2018-2023) was -7.79% year
Thai Nam Plastic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | ฿0.02 | annually | 2024-05-23 |
2023-05-09 | ฿0.02 | annually | 2023-05-25 |
2022-04-29 | ฿0.05 | annually | 2022-05-18 |
2021-05-06 | ฿0.01 | annually | 2021-05-21 |
2020-05-07 | ฿0.01 | annually | |
2019-05-07 | ฿0.04 | annually | 2019-05-24 |
2018-05-08 | ฿0.03 | annually | 2018-05-25 |
2017-05-08 | ฿0.03 | annually | 2017-05-26 |
2016-05-10 | ฿0.03 | annually | |
2015-05-11 | ฿0.01 | annually | |
2014-05-02 | ฿0.02 | annually | |
2013-05-03 | ฿0.02 | annually |
Thai Nam Plastic Dividend per year
Thai Nam Plastic Dividend growth
Thai Nam Plastic Dividend Yield
Thai Nam Plastic current trailing twelve-month (TTM) dividend yield is 1.68%. Interested in purchasing Thai Nam Plastic stock? Use our calculator to estimate your expected dividend yield:
Thai Nam Plastic Financial Ratios
Thai Nam Plastic Dividend FAQ
Other factors to consider when evaluating Thai Nam Plastic 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 Nam Plastic'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 Nam Plastic 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 Nam Plastic 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 Nam Plastic 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 Nam Plastic 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 Nam Plastic 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 Nam Plastic 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 Nam Plastic'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 Nam Plastic'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.