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Thaifoods Group Public Company Limited, together with its subsidiaries, engages in the production and distribution of chicken and swine products in Thailand and Vietnam. It operates through Poultry Business, Swine Business, Feed Mill Business, and Others segments. The company engages in chicken breeding, chicken meat production and sales, and sales of day-old chicks, live chickens, and processed chicken; pig breeding and sale of live pig and pork meat; manufacture and sale of feed for animals; provision of research facility services; and production and sale of animal feed sacks, plastic farming equipment, and sauce and seasoning drinks. It also offers various chicken products, such as whole chickens; chicken parts, which include wings, chests, legs, flippers, and gizzards; processed chicken; and distributes frozen and chilled chicken products. In addition, the company engages in the production and distribution of broiler chicken; research of cattle diseases; manufacture of vaccine, and sacks and plastic sacks; and provision of equipment rental services, as well as offers credits and guarantees. It serves brokers, retailers, slaughterhouses, industrial and modern trade companies, export/re-export agents, and export markets. The company also exports its products. Thaifoods Group Public Company Limited was founded in 1987 and is headquartered in Bangkok, Thailand.
Thaifoods Dividend Announcement
• Thaifoods announced a semi annually dividend of ฿0.07 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-26
• Thaifoods annual dividend for 2024 was ฿0.07
• Thaifoods annual dividend for 2023 was ฿0.32
• Thaifoods's trailing twelve-month (TTM) dividend yield is 2.08%
• Thaifoods's payout ratio for the trailing twelve months (TTM) is 34.60%
• Thaifoods's dividend growth over the last five years (2018-2023) was 21.67% year
Thaifoods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-26 | ฿0.07 | semi annually | 2024-09-06 |
2023-08-24 | ฿0.02 | semi annually | 2023-09-08 |
2023-05-03 | ฿0.30 | semi annually | 2023-05-23 |
2022-08-26 | ฿0.10 | semi annually | 2022-09-09 |
2022-03-16 | ฿0.04 | semi annually | 2022-05-13 |
2021-08-27 | ฿0.05 | semi annually | 2021-09-10 |
2021-03-10 | ฿0.06 | semi annually | 2021-05-12 |
2020-08-25 | ฿0.03 | semi annually | 2020-09-09 |
2020-04-07 | ฿0.14 | semi annually | 2020-04-22 |
2020-03-10 | ฿0.06 | semi annually | 2020-04-10 |
2019-08-22 | ฿0.07 | semi annually | 2019-09-05 |
2019-03-12 | ฿0.01 | semi annually | 2019-05-10 |
2018-11-26 | ฿0.07 | semi annually | 2018-12-07 |
2018-03-09 | ฿0.05 | semi annually | 2018-05-09 |
2017-10-18 | ฿0.05 | semi annually | 2017-11-03 |
Thaifoods Dividend per year
Thaifoods Dividend growth
Thaifoods Dividend Yield
Thaifoods current trailing twelve-month (TTM) dividend yield is 2.08%. Interested in purchasing Thaifoods stock? Use our calculator to estimate your expected dividend yield:
Thaifoods Financial Ratios
Thaifoods Dividend FAQ
Other factors to consider when evaluating Thaifoods 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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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.
1. Determination of Dividend: Thaifoods'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, Thaifoods 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, Thaifoods 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 Thaifoods 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: Thaifoods 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, Thaifoods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thaifoods 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 Thaifoods'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 Thaifoods'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.