Thai Rayon Public Company Limited engages in the manufacture and sale of viscose rayon staple fiber and anhydrous sodium sulphate products in Thailand. The company offers viscose rayon staple fiber that is used in apparel, home textiles, dress material, knitwear, wipes, personal hygiene, and medical applications under the Birla Cellulose brand name; and anhydrous sodium sulphate for use in detergent, pulp, glass, leather, and textile industries, as well as manufactures paper grade pulp. It also exports its products. The company was incorporated in 1974 and is headquartered in Bangkok, Thailand. Thai Rayon Public Company Limited operates as a subsidiary of Surya Kiran Investments Pte. Ltd.
Thai Rayon Dividend Announcement
• Thai Rayon announced a annually dividend of ฿0.05 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-06-13
• Thai Rayon annual dividend for 2024 was ฿0.05
• Thai Rayon annual dividend for 2023 was ฿0.05
• Thai Rayon's trailing twelve-month (TTM) dividend yield is 0.13%
• Thai Rayon's payout ratio for the trailing twelve months (TTM) is -0.30%
• Thai Rayon's dividend growth over the last five years (2018-2023) was -46.59% year
• Thai Rayon's dividend growth over the last ten years (2013-2023) was -27.04% year
Thai Rayon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-13 | ฿0.05 | annually | 2024-08-23 |
2023-06-09 | ฿0.05 | annually | 2023-08-23 |
2022-06-09 | ฿0.56 | annually | 2022-08-18 |
2021-06-11 | ฿0.05 | annually | 2021-08-18 |
2020-07-10 | ฿0.05 | annually | 2020-08-20 |
2019-06-10 | ฿0.70 | annually | 2019-08-19 |
2018-06-07 | ฿1.15 | annually | 2018-08-07 |
2017-06-07 | ฿1.05 | annually | 2017-08-10 |
2016-06-09 | ฿0.70 | annually | |
2015-06-05 | ฿0.05 | annually | |
2014-06-06 | ฿0.20 | annually | |
2013-06-06 | ฿1.17 | annually |
Thai Rayon Dividend per year
Thai Rayon Dividend growth
Thai Rayon Dividend Yield
Thai Rayon current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Thai Rayon stock? Use our calculator to estimate your expected dividend yield:
Thai Rayon Financial Ratios
Thai Rayon Dividend FAQ
Other factors to consider when evaluating Thai Rayon 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 Rayon'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 Rayon 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 Rayon 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 Rayon 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 Rayon 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 Rayon 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 Rayon 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 Rayon'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 Rayon'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.