Tirathai Public Company Limited, together with its subsidiaries, manufactures, repairs, sells, and maintains transformer equipment in Thailand and internationally. The company offers power transformers for manufacturers and suppliers of electrical energy. It also provides various distribution transformers along the distribution system lines, and special transformers. In addition, the company distributes, installs, and maintains electrical power equipment. Further, it offers transformer erection and installation, oil filling, maintenance, modification and repair, and testing, as well as transformer rental services; and custom metal work services. Tirathai Public Company Limited was incorporated in 1987 and is headquartered in Samut Prakan, Thailand.
Tirathai Dividend Announcement
• Tirathai announced a annually dividend of ฿0.21 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-05-03
• Tirathai annual dividend for 2024 was ฿0.21
• Tirathai's trailing twelve-month (TTM) dividend yield is 5.36%
• Tirathai's payout ratio for the trailing twelve months (TTM) is 19.11%
Tirathai Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | ฿0.21 | annually | 2024-05-21 |
2022-05-03 | ฿0.12 | annually | 2022-05-27 |
2021-05-11 | ฿0.02 | annually | 2021-05-25 |
2020-05-11 | ฿0.12 | annually | 2020-05-27 |
2017-05-08 | ฿0.13 | annually | 2017-05-26 |
2016-04-28 | ฿0.05 | annually | |
2015-04-29 | ฿0.10 | annually | |
2014-04-30 | ฿0.19 | annually | |
2013-08-26 | ฿0.11 | annually | |
2013-05-02 | ฿0.01 | annually | |
2012-04-30 | ฿0.25 | annually | |
2011-08-23 | ฿0.15 | annually | |
2011-05-04 | ฿0.30 | annually | |
2010-05-11 | ฿0.55 | annually |
Tirathai Dividend per year
Tirathai Dividend growth
Tirathai Dividend Yield
Tirathai current trailing twelve-month (TTM) dividend yield is 5.36%. Interested in purchasing Tirathai stock? Use our calculator to estimate your expected dividend yield:
Tirathai Financial Ratios
Tirathai Dividend FAQ
Other factors to consider when evaluating Tirathai 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: Tirathai'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, Tirathai 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, Tirathai 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 Tirathai 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: Tirathai 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, Tirathai distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tirathai 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 Tirathai'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 Tirathai'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.