Thai Poly Acrylic Public Company Limited engages in the manufacture and distribution of acrylic, acrylonitrile butadiene styrene, high impact polystyrene (HIPS), and other extruded plastic sheets in Thailand and internationally. It offers general purpose, texture, sanitary ware, diffusion, magic color, and LED block sheets, as well as light guide panels. The company also provides extruded products, including ABS and HIPS, PMMA and PS pattern, PE, and PP profile sheets under the Complas, Moden Plas, Moden Glass, SuperGlas XT, and Impact XT name. Its products are used in architecture and construction, automotive and transportation, home appliances and fridge, hygiene and safety, interior design and decoration, lighting, packaging, retail display and pop, sanitary ware, signage and advertisement, and trophies and premiums applications. Thai Poly Acrylic Public Company Limited was incorporated in 1985 and is headquartered in Sam Phran, Thailand.
Thai Poly Acrylic Dividend Announcement
• Thai Poly Acrylic announced a annually dividend of ฿0.25 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-07
• Thai Poly Acrylic annual dividend for 2024 was ฿0.25
• Thai Poly Acrylic's trailing twelve-month (TTM) dividend yield is 6.91%
• Thai Poly Acrylic's payout ratio for the trailing twelve months (TTM) is -276.81%
Thai Poly Acrylic Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-07 | ฿0.25 | annually | 2024-05-21 |
2022-05-03 | ฿0.45 | annually | 2022-05-19 |
2021-05-05 | ฿0.45 | annually | 2021-05-20 |
2020-05-05 | ฿0.45 | annually | |
2020-04-15 | ฿0.45 | annually | 2020-04-30 |
2019-05-03 | ฿0.45 | annually | 2019-05-21 |
2018-05-10 | ฿0.30 | annually | 2018-05-23 |
2017-11-21 | ฿0.50 | annually | 2017-12-07 |
2017-05-08 | ฿0.50 | annually | 2017-05-23 |
2016-05-04 | ฿0.40 | annually | |
2015-05-06 | ฿0.20 | annually | |
2014-05-07 | ฿0.25 | annually | |
2013-05-02 | ฿5.00 | annually | |
2012-08-22 | ฿2.00 | annually | |
2012-05-08 | ฿4.50 | annually |
Thai Poly Acrylic Dividend per year
Thai Poly Acrylic Dividend growth
Thai Poly Acrylic Dividend Yield
Thai Poly Acrylic current trailing twelve-month (TTM) dividend yield is 6.91%. Interested in purchasing Thai Poly Acrylic stock? Use our calculator to estimate your expected dividend yield:
Thai Poly Acrylic Financial Ratios
Thai Poly Acrylic Dividend FAQ
Other factors to consider when evaluating Thai Poly Acrylic 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 Poly Acrylic'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 Poly Acrylic 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 Poly Acrylic 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 Poly Acrylic 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 Poly Acrylic 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 Poly Acrylic 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 Poly Acrylic 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 Poly Acrylic'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 Poly Acrylic'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.