Thai Solar Energy Public Company Limited generates and distributes electricity from solar and biomass power plants to government and private sector clients in Thailand and Japan. The company also leases land. As of December 31, 2021, it had 17 solar PV farm projects, 14 solar rooftop projects, 3 biomass powerplants, and 1 Solar Floating with a total production capacity of 291.7 MW; and 1 solar floating project under construction with a capacity of 8 MW. The company was formerly known as Siam Solar Energy Co., Ltd. and changed its name to Thai Solar Energy Public Company Limited in 2009. Thai Solar Energy Public Company Limited was founded in 2008 and is headquartered in Bangkok, Thailand.
Thai Solar Energy Dividend Announcement
• Thai Solar Energy announced a annually dividend of ฿0.05 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-03-13
• Thai Solar Energy annual dividend for 2024 was ฿0.05
• Thai Solar Energy annual dividend for 2023 was ฿0.09
• Thai Solar Energy's trailing twelve-month (TTM) dividend yield is 4.95%
• Thai Solar Energy's payout ratio for the trailing twelve months (TTM) is -3.34%
• Thai Solar Energy's dividend growth over the last five years (2018-2023) was 73.05% year
Thai Solar Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-13 | ฿0.05 | annually | 2024-05-28 |
2023-05-24 | ฿0.09 | annually | 2023-06-08 |
2022-03-09 | ฿0.04 | annually | 2022-04-22 |
2021-09-29 | ฿0.04 | annually | 2021-10-12 |
2020-12-22 | ฿0.05 | annually | 2021-01-08 |
2020-03-11 | ฿0.12 | annually | 2020-04-20 |
2019-03-13 | ฿0.06 | annually | 2019-05-21 |
2018-03-26 | ฿0.01 | annually | 2018-05-18 |
2017-04-26 | ฿0.11 | annually | 2017-05-17 |
2016-05-03 | ฿0.06 | annually |
Thai Solar Energy Dividend per year
Thai Solar Energy Dividend growth
Thai Solar Energy Dividend Yield
Thai Solar Energy current trailing twelve-month (TTM) dividend yield is 4.95%. Interested in purchasing Thai Solar Energy stock? Use our calculator to estimate your expected dividend yield:
Thai Solar Energy Financial Ratios
Thai Solar Energy Dividend FAQ
Other factors to consider when evaluating Thai Solar Energy 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 Solar Energy'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 Solar Energy 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 Solar Energy 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 Solar Energy 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 Solar Energy 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 Solar Energy 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 Solar Energy 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 Solar Energy'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 Solar Energy'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.