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Thai Steel Cable Public Company Limited manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand. Its products include accelerator, door lock, fuel lid opener, hood release, key inter lock, parking brake, seat belt, transmission, manual parking release, trunk opener, and engine start cables; and motorcycle products comprise brake, clutch, seat lock, speed meter, tachometer, and throttle cables. The company serves automobile and motorcycle manufacturers, and spare parts centers. It also exports its products. Thai Steel Cable Public Company Limited was founded in 1978 and is based in Chonburi, Thailand.

Thai Steel Cable Dividend Announcement

Thai Steel Cable announced a semi annually dividend of ฿0.40 per ordinary share which will be made payable on 2024-06-06. Ex dividend date: 2024-05-20
Thai Steel Cable annual dividend for 2024 was ฿1.20
Thai Steel Cable annual dividend for 2023 was ฿1.00
Thai Steel Cable's trailing twelve-month (TTM) dividend yield is 8.39%
Thai Steel Cable's payout ratio for the trailing twelve months (TTM) is 97.79%
Thai Steel Cable's dividend growth over the last five years (2018-2023) was 1.03% year
Thai Steel Cable's dividend growth over the last ten years (2013-2023) was 2.26% year

Thai Steel Cable Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-20฿0.40semi annually2024-06-06
2024-02-01฿0.80semi annually2024-02-22
2023-05-23฿0.40semi annually2023-06-08
2023-02-02฿0.60semi annually2023-02-24
2022-05-24฿0.40semi annually2022-06-09
2022-02-03฿0.60semi annually2022-02-25
2021-05-24฿0.40semi annually2021-06-09
2021-01-28฿0.50semi annually2021-02-19
2020-01-28฿0.60semi annually2020-02-21
2019-05-22฿0.40semi annually2019-06-07
2019-01-28฿0.60semi annually2019-02-21
2018-05-23฿0.40semi annually2018-06-08
2018-01-26฿0.55semi annually2018-02-22
2017-05-23฿0.25semi annually2017-06-09
2017-01-27฿0.25semi annually2017-02-23
2016-05-19฿0.25semi annually
2016-02-01฿0.30semi annually
2015-05-25฿0.20semi annually
2015-01-30฿0.50semi annually
2014-01-31฿0.50semi annually
2013-05-22฿0.30semi annually
2013-02-05฿0.50semi annually

Thai Steel Cable Dividend per year

Thai Steel Cable Dividend growth

Thai Steel Cable Dividend Yield

Thai Steel Cable current trailing twelve-month (TTM) dividend yield is 8.39%. Interested in purchasing Thai Steel Cable stock? Use our calculator to estimate your expected dividend yield:

Thai Steel Cable Financial Ratios

P/E ratio11.65
PEG ratio1.18
P/B ratio2.47
ROE20.47%
Payout ratio97.79%
Current ratio2.24
Quick ratio1.85
Cash Ratio0.59

Thai Steel Cable Dividend FAQ

How much is the next Thai Steel Cable dividend?
Thai Steel Cable's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Thai Steel Cable dividend. The next Thai Steel Cable dividend will be released in February, or May.
When is Thai Steel Cable dividend paid?
Thai Steel Cable pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Thai Steel Cable pay?
The specific amount of Thai Steel Cable dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thai Steel Cable's dividend history.
Does Thai Steel Cable stock pay dividends?
Yes, Thai Steel Cable does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thai Steel Cable's dividend history.
How much dividend does Thai Steel Cable pay?
Thai Steel Cable paid ฿1.2 in 2024, ฿1.0 in 2023, ฿1.0 in 2022, ฿0.9 in 2021, and ฿0.6 in 2020.
How often does Thai Steel Cable pay dividends?
Thai Steel Cable typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and May.
What is Thai Steel Cable's dividend yield?
The current dividend yield for Thai Steel Cable is 8.39%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Thai Steel Cable's exact dividend yield.
When does Thai Steel Cable go ex dividend?
Thai Steel Cable's ex-dividend date for the latest dividend was on 2024-05-20. Thai Steel Cable typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Thai Steel Cable dividend paid?
Thai Steel Cable pays dividends on a semi annually basis, typically around February, or May, but the exact dates can vary each year.
Will Thai Steel Cable increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Thai Steel Cable will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Thai Steel Cable dividend per share?
Thai Steel Cable paid ฿1.2 per share in 2024 and ฿1.0 per share in 2023. The amount of dividend per share that Thai Steel Cable pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Thai Steel Cable a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Thai Steel Cable a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Thai Steel Cable a dividend stock?
Yes, Thai Steel Cable is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Thai Steel Cable a good dividend stock?
Whether Thai Steel Cable is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Thai Steel Cable has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Thai Steel Cable 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.
Does Thai Steel Cable pay dividends monthly?
Thai Steel Cable typically pays dividends on a semi annually basis.
Does Thai Steel Cable pay dividends quarterly?
Thai Steel Cable currently pays dividends on a semi annually basis.
Has Thai Steel Cable ever paid a dividend?
Yes, Thai Steel Cable has a history of paying dividends to its shareholders. Thai Steel Cable is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Thai Steel Cable dividend stocks?
To buy Thai Steel Cable you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Thai Steel Cable stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Thai Steel Cable pay dividends 2024?
Thai Steel Cable pays dividends on a semi annually basis. 2024 dividend payments are in 2024-06-06. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Thai Steel Cable increase its dividend in 2024?
Decisions regarding Thai Steel Cable dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Thai Steel Cable dividend overview you can look into the above table of dividend history.
How Thai Steel Cable dividend works?
The Thai Steel Cable dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Thai Steel Cable's dividend process works:

1. Determination of Dividend: Thai Steel Cable'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 Steel Cable 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 Steel Cable 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 Steel Cable 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.
How are Thai Steel Cable dividends paid?
Thai Steel Cable dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Thai Steel Cable 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 Steel Cable 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 Steel Cable 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.
How many times does Thai Steel Cable pay dividends?
Thai Steel Cable typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Thai Steel Cable pay dividends?
The general pattern is that Thai Steel Cable pays dividends around February, and May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Thai Steel Cable dividend safe?
The safety of Thai Steel Cable's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Thai Steel Cable'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 Steel Cable'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.