Thai Optical Group Public Company Limited manufactures and distributes plastic lens and related products in Thailand. It operates in two segments, Plastic and Glass Lens; and Other Products and Services. The Plastic and Glass Lens segment produces and sells optical lenses. It offers mineral and prescription lenses. The Other Products and Services segment is involved in the sale of glass molds; trade of goods purchased for resale; surface treatment of hard coatings; as well as anti-reflection coating services for organic lenses and glasses assembly services. It exports its products to Europe, Australia, rest of Asia and Pacific, the United States, Africa, and the Middle East. Thai Optical Group Public Company Limited serves wholesalers and retailers. The company was formerly known as Thai Polymer Lens Company Limited and changed its name to Thai Optical Group Public Company Limited in 2004. Thai Optical Group Public Company Limited was founded in 1951 and is headquartered in Bang Bua Thong, Thailand.
Thai Optical Dividend Announcement
• Thai Optical announced a semi annually dividend of ฿0.20 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-27
• Thai Optical annual dividend for 2024 was ฿0.65
• Thai Optical annual dividend for 2023 was ฿0.63
• Thai Optical's trailing twelve-month (TTM) dividend yield is 6.19%
• Thai Optical's payout ratio for the trailing twelve months (TTM) is 72.20%
• Thai Optical's dividend growth over the last five years (2018-2023) was 13.81% year
• Thai Optical's dividend growth over the last ten years (2013-2023) was 10.60% year
Thai Optical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | ฿0.20 | semi annually | 2024-09-13 |
2024-04-12 | ฿0.45 | semi annually | |
2023-08-22 | ฿0.20 | semi annually | 2023-09-08 |
2023-04-18 | ฿0.43 | semi annually | 2023-05-03 |
2022-08-24 | ฿0.17 | semi annually | 2022-09-09 |
2022-04-19 | ฿0.35 | semi annually | 2022-05-06 |
2021-08-26 | ฿0.21 | semi annually | 2021-09-10 |
2021-04-20 | ฿0.12 | semi annually | 2021-05-07 |
2021-04-12 | ฿0.12 | semi annually | |
2020-04-09 | ฿0.15 | semi annually | 2020-04-24 |
2019-08-22 | ฿0.10 | semi annually | 2019-09-06 |
2019-04-17 | ฿0.22 | semi annually | 2019-05-03 |
2018-08-22 | ฿0.06 | semi annually | 2018-09-06 |
2018-04-17 | ฿0.27 | semi annually | 2018-05-03 |
2017-08-22 | ฿0.08 | semi annually | 2017-09-08 |
2017-04-17 | ฿0.32 | semi annually | 2017-05-04 |
2016-08-23 | ฿0.10 | semi annually | |
2016-04-18 | ฿0.30 | semi annually | |
2015-08-25 | ฿0.08 | semi annually | |
2015-04-07 | ฿0.23 | semi annually | |
2014-08-26 | ฿0.12 | semi annually | |
2014-04-08 | ฿0.20 | semi annually | |
2013-08-20 | ฿0.08 | semi annually | |
2013-04-09 | ฿0.15 | semi annually |
Thai Optical Dividend per year
Thai Optical Dividend growth
Thai Optical Dividend Yield
Thai Optical current trailing twelve-month (TTM) dividend yield is 6.19%. Interested in purchasing Thai Optical stock? Use our calculator to estimate your expected dividend yield:
Thai Optical Financial Ratios
Thai Optical Dividend FAQ
Other factors to consider when evaluating Thai Optical 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 Optical'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 Optical 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 Optical 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 Optical 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 Optical 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 Optical 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 Optical 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 Optical'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 Optical'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.