Thoresen Thai Agencies Public Company Limited, an investment holding company, operates as a shipping service company in Thailand and internationally. It operates through five segments: Shipping, Offshore Service, Agrochemical, Food and Beverage, and Investment. The company offers dry bulk shipping services that carries a range of major and minor bulk cargoes, including coal, iron ore, grains, cement, fertilizers, steel, and agricultural products; ship agency and brokerage services; and operates dry bulk vessels for tramp services. It also provides offshore services to the oil and gas industry; and produces and markets NPK compounds, bulk blending products, and fertilizers under the Stork brand for customers' needs for coffee, rice, rubber, vegetables, and various other crops. In addition, the company owns and operates Phu My port in South Vietnam; and provides ship management, international maritime transportation, managing waterways system, exploration drilling services and support to the petrochemical industry. Further, it offers subsea inspection services; diving; ROV services; subsea and hydrographic survey; robotics and AI development services; ship charter; ship rental; logistics management; waterways transportation services; land transportation services; port services; bonded warehouse and related services; tugboat; potable water and wastewater treatment services; water resource management; pipeline installation and maintenance services; and operates and franchises Pizza Hut and Taco Bell restaurants. Additionally, the company trades in fertilizers, coal, and biomass fuels; provides digital marketing, software consulting, real estate, floating storage, and offloading; produces and sells water tap; engages in the generating and trading electricity; supply cargo lashing materials; ship owning, management & operation; and lifestyle and entertainment businesses. The company was founded in 1904 and is headquartered in Bangkok, Thailand.
Thoresen Thaiencies Dividend Announcement
• Thoresen Thaiencies announced a annually dividend of ฿0.18 per ordinary share which will be made payable on 2024-05-13. Ex dividend date: 2024-03-20
• Thoresen Thaiencies annual dividend for 2024 was ฿0.18
• Thoresen Thaiencies annual dividend for 2023 was ฿0.22
• Thoresen Thaiencies's trailing twelve-month (TTM) dividend yield is 2.95%
• Thoresen Thaiencies's payout ratio for the trailing twelve months (TTM) is 70.88%
• Thoresen Thaiencies's dividend growth over the last five years (2018-2023) was 24.01% year
Thoresen Thaiencies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-20 | ฿0.18 | annually | 2024-05-13 |
2023-03-21 | ฿0.22 | annually | 2023-05-12 |
2022-03-24 | ฿0.22 | annually | 2022-05-13 |
2021-03-25 | ฿0.02 | annually | 2021-05-13 |
2020-03-25 | ฿0.06 | annually | 2020-05-14 |
2019-03-20 | ฿0.05 | annually | 2019-05-09 |
2018-05-03 | ฿0.07 | annually | 2018-05-23 |
2017-05-03 | ฿0.05 | annually | 2017-05-23 |
2016-03-28 | ฿0.05 | annually | |
2015-04-30 | ฿0.03 | annually | |
2015-02-03 | ฿0.25 | annually | |
2012-12-21 | ฿0.00 | annually | |
2012-02-06 | ฿0.44 | annually | |
2011-06-30 | ฿0.44 | annually | |
2011-03-07 | ฿0.23 | annually | |
2011-02-03 | ฿0.23 | annually |
Thoresen Thaiencies Dividend per year
Thoresen Thaiencies Dividend growth
Thoresen Thaiencies Dividend Yield
Thoresen Thaiencies current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing Thoresen Thaiencies stock? Use our calculator to estimate your expected dividend yield:
Thoresen Thaiencies Financial Ratios
Thoresen Thaiencies Dividend FAQ
Other factors to consider when evaluating Thoresen Thaiencies 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: Thoresen Thaiencies'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, Thoresen Thaiencies 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, Thoresen Thaiencies 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 Thoresen Thaiencies 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: Thoresen Thaiencies 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, Thoresen Thaiencies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thoresen Thaiencies 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 Thoresen Thaiencies'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 Thoresen Thaiencies'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.