Thai Wah Public Company Limited manufactures and distributes starch and other agricultural products in Thailand, Vietnam, Cambodia, and China. Its products include tapioca starch, which is used in the food industry, such as seasoning powder and sweetener products, as well as in paper and textile industries; Sago that is used in cooking savory dishes and desserts; alpha starch, which is used in the aquatic animal feed, mosquito repellent, and metal casting industries; and glucose and candy products. The company also provides rice flour, vermicelli, rice noodles, rice vermicelli, mung bean starch noodles, noodle kits and instant bean vermicelli, rice noodles, roselle sago, pandanus sago, and other products. In addition, it is also involved in land holding activities; and generation and sale of electricity. Thai Wah Public Company Limited was incorporated in 1947 and is headquartered in Bangkok, Thailand.
Thai Wah Dividend Announcement
• Thai Wah announced a annually dividend of ฿0.09 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-02
• Thai Wah annual dividend for 2024 was ฿0.09
• Thai Wah annual dividend for 2023 was ฿0.22
• Thai Wah's trailing twelve-month (TTM) dividend yield is 3.07%
• Thai Wah's payout ratio for the trailing twelve months (TTM) is -136.80%
• Thai Wah's dividend growth over the last five years (2018-2023) was -7.58% year
• Thai Wah's dividend growth over the last ten years (2013-2023) was -29.87% year
Thai Wah Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-02 | ฿0.09 | annually | 2024-05-23 |
2023-04-28 | ฿0.22 | annually | 2023-05-19 |
2022-04-29 | ฿0.22 | annually | 2022-05-20 |
2021-05-11 | ฿0.13 | annually | 2021-05-21 |
2020-05-07 | ฿0.13 | annually | 2020-05-25 |
2019-05-07 | ฿0.32 | annually | 2019-05-24 |
2018-05-08 | ฿0.32 | annually | 2018-05-25 |
2017-04-27 | ฿0.21 | annually | 2017-05-19 |
2016-08-25 | ฿0.09 | annually | |
2016-05-04 | ฿0.27 | annually | |
2015-05-07 | ฿0.95 | annually | |
2014-04-30 | ฿0.88 | annually | |
2013-05-03 | ฿7.50 | annually |
Thai Wah Dividend per year
Thai Wah Dividend growth
Thai Wah Dividend Yield
Thai Wah current trailing twelve-month (TTM) dividend yield is 3.07%. Interested in purchasing Thai Wah stock? Use our calculator to estimate your expected dividend yield:
Thai Wah Financial Ratios
Thai Wah Dividend FAQ
Other factors to consider when evaluating Thai Wah 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 Wah'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 Wah 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 Wah 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 Wah 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 Wah 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 Wah 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 Wah 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 Wah'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 Wah'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.