Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Petrochemical, Power Generation, Marine Transportation Services, Solvent, Ethanol, and Others segments. The company produces gasoline, diesel/gas oil, jet fuel, kerosene, fuel oil, and liquefied petroleum gas; and petrochemical products, such as paraxylene, benzene, toluene, and mixed xylenes. It also produces and distributes lube base oil, bitumen/asphalt, and other by-products, as well as special products, such as treated distillate aromatics extract and slack wax; and hydrocarbon and chemical solvents, and other chemicals. In addition, the company operates natural gas-fired combined-cycle co-generation power plants that generate and sell electricity, steam, and utilities to industrial users, as well as invests in other power generating companies and related business. Further, it is involved in the marine transportation of petroleum, petrochemical, and liquid chemical products; production of ethanol; provision of marine transportation services for crew and utilities; and biogas power generation and distribution. Additionally, the company provides human resource management services; and manufactures and sells linear alkyl benzene and related products. Thai Oil Public Company Limited was founded in 1961 and is headquartered in Bangkok, Thailand.
Thai Oil Dividend Announcement
• Thai Oil announced a semi annually dividend of €0.03 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-12
• Thai Oil annual dividend for 2024 was €0.10
• Thai Oil annual dividend for 2023 was €0.06
• Thai Oil's trailing twelve-month (TTM) dividend yield is 9.46%
• Thai Oil's payout ratio for the trailing twelve months (TTM) is 87.04%
• Thai Oil's dividend growth over the last five years (2018-2023) was -14.22% year
• Thai Oil's dividend growth over the last ten years (2013-2023) was -1.72% year
Thai Oil Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-12 | €0.03 | semi annually | 2024-09-27 |
| 2024-02-27 | €0.07 | semi annually | |
| 2023-09-07 | €0.02 | semi annually | 2023-09-22 |
| 2023-02-23 | €0.05 | semi annually | 2023-04-27 |
| 2022-11-10 | €0.05 | semi annually | 2022-11-25 |
| 2022-03-03 | €0.06 | semi annually | 2022-04-25 |
| 2021-09-09 | €0.02 | semi annually | 2021-09-23 |
| 2021-02-25 | €0.02 | semi annually | 2021-04-26 |
| 2020-02-27 | €0.01 | semi annually | 2020-04-21 |
| 2019-09-12 | €0.03 | semi annually | 2019-09-27 |
| 2019-02-28 | €0.03 | semi annually | 2019-04-26 |
| 2018-09-13 | €0.04 | semi annually | 2018-09-28 |
| 2018-02-27 | €0.10 | semi annually | 2018-04-27 |
| 2017-09-07 | €0.04 | semi annually | 2017-09-22 |
| 2017-02-27 | €0.08 | semi annually | 2017-04-28 |
| 2016-09-08 | €0.02 | semi annually | |
| 2016-02-24 | €0.02 | semi annually | |
| 2015-09-10 | €0.02 | semi annually | |
| 2015-02-24 | €0.02 | semi annually | |
| 2014-09-11 | €0.01 | semi annually | |
| 2014-02-26 | €0.03 | semi annually | |
| 2013-09-12 | €0.02 | semi annually | |
| 2013-02-27 | €0.06 | semi annually |
Thai Oil Dividend per year
Thai Oil Dividend growth
Thai Oil Dividend Yield
Thai Oil current trailing twelve-month (TTM) dividend yield is 9.46%. Interested in purchasing Thai Oil stock? Use our calculator to estimate your expected dividend yield:
Thai Oil Financial Ratios
P/E ratio8.70
PEG ratio0.00
P/B ratio0.53
ROE6.06%
Payout ratio87.04%
Current ratio1.73
Quick ratio0.96
Cash Ratio0.29
Thai Oil Dividend FAQ
How much is the next Thai Oil dividend?
Thai Oil's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Thai Oil dividend. The next Thai Oil dividend will be released in February, or September.
When is Thai Oil dividend paid?
Thai Oil pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Thai Oil pay?
The specific amount of Thai Oil dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thai Oil's dividend history.
Does Thai Oil stock pay dividends?
Yes, Thai Oil does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thai Oil's dividend history.
How much dividend does Thai Oil pay?
Thai Oil paid €0.103 in 2024, €0.063 in 2023, €0.109 in 2022, €0.034 in 2021, and €0.014 in 2020.
How often does Thai Oil pay dividends?
Thai Oil typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and September.
What is Thai Oil's dividend yield?
The current dividend yield for Thai Oil is 9.46%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Thai Oil's exact dividend yield.
When does Thai Oil go ex dividend?
Thai Oil's ex-dividend date for the latest dividend was on 2024-09-12. Thai Oil typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Thai Oil dividend paid?
Thai Oil pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will Thai Oil increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Thai Oil will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Thai Oil dividend per share?
Thai Oil paid €0.103 per share in 2024 and €0.063 per share in 2023. The amount of dividend per share that Thai Oil pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Thai Oil a dividend aristocrat?
No, 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 Oil a dividend king?
No, 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 Oil a dividend stock?
Yes, Thai Oil is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Thai Oil a good dividend stock?
Whether Thai Oil is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Thai Oil has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Thai Oil 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.
Other factors to consider when evaluating Thai Oil 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.
Does Thai Oil pay dividends monthly?
Thai Oil typically pays dividends on a semi annually basis.
Does Thai Oil pay dividends quarterly?
Thai Oil currently pays dividends on a semi annually basis.
Has Thai Oil ever paid a dividend?
Yes, Thai Oil has a history of paying dividends to its shareholders. Thai Oil is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Thai Oil dividend stocks?
To buy Thai Oil 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Thai Oil 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.
Place an order: Use the brokerage's trading platform to place an order to buy Thai Oil 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.
When does Thai Oil pay dividends 2024?
Thai Oil pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Thai Oil increase its dividend in 2024?
Decisions regarding Thai Oil dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Thai Oil dividend overview you can look into the above table of dividend history.
How Thai Oil dividend works?
The Thai Oil dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Thai Oil's dividend process works:
1. Determination of Dividend: Thai Oil'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 Oil 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 Oil 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 Oil 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. Determination of Dividend: Thai Oil'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 Oil 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 Oil 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 Oil 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.
How are Thai Oil dividends paid?
Thai Oil dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Thai Oil 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 Oil 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 Oil 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.
1. Record Date: Thai Oil 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 Oil 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 Oil 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.
How many times does Thai Oil pay dividends?
Thai Oil typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Thai Oil pay dividends?
The general pattern is that Thai Oil pays dividends around February, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Thai Oil dividend safe?
The safety of Thai Oil's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Thai Oil'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 Oil'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.
To assess the safety of Thai Oil'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 Oil'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.