Thai Rung Union Car Public Company Limited engages in the car assembly and modification, and the manufacture and distribution of parts and molds primarily in Thailand. It operates through three segments: Car Assembly and Other Related Car Services; Manufacture of Equipment for Production of Car Accessories; and Sales of Cars, and Car Service Centre Business. The company offers tooling products, including dies and molds, and assembly jigs and checking fixtures; auto parts, such as metal stamping or press parts for use in producing or assembling motor vehicles, motorcycles, industrial, construction and agricultural machinery, and electrical appliances; plastic vacuum mould parts for auto accessories; and auto seats. It also provides contract assembly, vehicle modification, and vehicle painting services; and after-sales services. In addition, the company is involved in the sale of cars, car accessories, and spare parts; repairing and refitting vehicles body; and manufacture of truck bodies, such as dump-trucks, cargo vans, trailers, concrete mixer trucks, refrigerated trucks, industrial machinery, excavators, construction equipment, agricultural machinery, and tractors. Thai Rung Union Car Public Company Limited was founded in 1967 and is headquartered in Bangkok, Thailand.
Thai Rung Union Car Dividend Announcement
• Thai Rung Union Car announced a annually dividend of ฿0.20 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-08
• Thai Rung Union Car annual dividend for 2024 was ฿0.20
• Thai Rung Union Car annual dividend for 2023 was ฿0.39
• Thai Rung Union Car's trailing twelve-month (TTM) dividend yield is 6.25%
• Thai Rung Union Car's payout ratio for the trailing twelve months (TTM) is 72.40%
• Thai Rung Union Car's dividend growth over the last five years (2018-2023) was 22.42% year
• Thai Rung Union Car's dividend growth over the last ten years (2013-2023) was -4.34% year
Thai Rung Union Car Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-08 | ฿0.20 | annually | 2024-05-24 |
2023-05-11 | ฿0.39 | annually | 2023-05-25 |
2022-05-11 | ฿0.10 | annually | 2022-05-25 |
2021-05-11 | ฿0.06 | annually | 2021-05-25 |
2020-05-11 | ฿0.12 | annually | 2020-05-25 |
2019-05-08 | ฿0.25 | annually | 2019-05-23 |
2018-05-08 | ฿0.14 | annually | 2018-05-22 |
2017-05-03 | ฿0.09 | annually | 2017-05-23 |
2016-05-03 | ฿0.15 | annually | |
2015-04-30 | ฿0.15 | annually | |
2014-05-08 | ฿0.24 | annually | |
2013-04-29 | ฿0.60 | annually |
Thai Rung Union Car Dividend per year
Thai Rung Union Car Dividend growth
Thai Rung Union Car Dividend Yield
Thai Rung Union Car current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing Thai Rung Union Car stock? Use our calculator to estimate your expected dividend yield:
Thai Rung Union Car Financial Ratios
Thai Rung Union Car Dividend FAQ
Other factors to consider when evaluating Thai Rung Union Car 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 Rung Union Car'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 Rung Union Car 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 Rung Union Car 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 Rung Union Car 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 Rung Union Car 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 Rung Union Car 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 Rung Union Car 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 Rung Union Car'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 Rung Union Car'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.