Thai Vegetable Oil Public Company Limited manufactures and distributes soy meal and soybean oil in Thailand. The company provides soybean oil for household cooking purposes, as well as corn, sunflower, and canola oils under the A-NGOON brand; soybean meal for the production of animal feed under the TVO HiproMeal brand; and vegetable oils under the Healthy Chef and Queen brands. It also offers olive oils under the MONINI brand; dehulled soymeal under the TVO Dehulled Soymeal brand; full fat soy under the TVO Full Fat Soy brand; dehulled full fat soy under the TVO Dehulled Full Fat Soy brand; TVO soy hull, lecithin, and TVO muikmeal products; TVO Hipromeal; TVO crude degummed soybean oil; and fish canned products. In addition, the company manufactures and distributes packaging products; and distributes consumer products. It also exports its products. Thai Vegetable Oil Public Company Limited was founded in 1985 and is headquartered in Bangkok, Thailand.
Thai Vegetable Oil Dividend Announcement
• Thai Vegetable Oil announced a semi annually dividend of ฿0.80 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-23
• Thai Vegetable Oil annual dividend for 2024 was ฿1.45
• Thai Vegetable Oil annual dividend for 2023 was ฿1.01
• Thai Vegetable Oil's trailing twelve-month (TTM) dividend yield is 6.39%
• Thai Vegetable Oil's payout ratio for the trailing twelve months (TTM) is 80.00%
• Thai Vegetable Oil's dividend growth over the last five years (2018-2023) was -13.29% year
• Thai Vegetable Oil's dividend growth over the last ten years (2013-2023) was -4.50% year
Thai Vegetable Oil Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ฿0.80 | semi annually | 2024-09-06 |
2024-03-13 | ฿0.65 | semi annually | |
2023-08-25 | ฿0.16 | semi annually | 2023-09-08 |
2023-03-24 | ฿0.85 | semi annually | 2023-05-19 |
2022-08-26 | ฿0.20 | semi annually | 2022-10-07 |
2022-03-11 | ฿0.90 | semi annually | 2022-05-13 |
2021-08-27 | ฿1.30 | semi annually | 2021-09-10 |
2021-03-12 | ฿0.80 | semi annually | 2021-05-14 |
2020-03-13 | ฿0.75 | semi annually | 2020-05-08 |
2019-08-22 | ฿0.70 | semi annually | 2019-09-06 |
2019-03-13 | ฿0.80 | semi annually | 2019-05-17 |
2018-08-28 | ฿1.21 | semi annually | 2018-09-07 |
2018-03-21 | ฿0.85 | semi annually | 2018-05-25 |
2017-08-24 | ฿0.58 | semi annually | 2017-09-08 |
2017-03-20 | ฿1.50 | semi annually | 2017-05-25 |
2016-08-23 | ฿1.25 | semi annually | |
2016-03-22 | ฿0.90 | semi annually | |
2015-08-24 | ฿1.00 | semi annually | |
2015-03-10 | ฿0.85 | semi annually | |
2014-08-26 | ฿0.90 | semi annually | |
2014-03-24 | ฿0.66 | semi annually | |
2013-08-26 | ฿0.60 | semi annually | |
2013-03-12 | ฿1.00 | semi annually |
Thai Vegetable Oil Dividend per year
Thai Vegetable Oil Dividend growth
Thai Vegetable Oil Dividend Yield
Thai Vegetable Oil current trailing twelve-month (TTM) dividend yield is 6.39%. Interested in purchasing Thai Vegetable Oil stock? Use our calculator to estimate your expected dividend yield:
Thai Vegetable Oil Financial Ratios
Thai Vegetable Oil Dividend FAQ
Other factors to consider when evaluating Thai Vegetable Oil 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 Vegetable Oil'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 Vegetable Oil 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 Vegetable Oil 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 Vegetable Oil 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 Vegetable Oil 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 Vegetable Oil 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 Vegetable Oil 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 Vegetable Oil'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 Vegetable Oil'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.