TISCO Financial Group Public Company Limited, together with its subsidiaries, provides commercial banking products and services for individuals and businesses in Thailand. It operates through Commercial Banking Business, Securities Business, and Asset Management Business segments. The company accepts deposit products, such as current accounts, savings accounts, fixed deposit accounts, and certificates of deposit, as well as cards and bill payment services. It also provides personal loans, such as home loan, new and used car loans, and loans against inheritance pension; and corporate loans, including project and long-term loans, short term loans, and guarantee products. In addition, the company offers investment services, including stock and derivative brokerage, mutual funds, private funds, and provident funds, as well as super savings fund /retirement mutual funds; and insurance services, such as life, health and critical illness, personal accident, car, and home insurance. Further, it provides investment banking services that financial advisory and underwriting for merger and acquisition, privatization advisory and implementation, project financing, debt restructuring, feasibility study, project valuation, general advisory, etc.; and private banking, and wealth and asset management services. Additionally, the company offers mobile banking, custodian, assets for sale, car auction, hire purchase, and SME lending services. As of December 31, 2021, it operated through a network of 356 branches under the Somwang brand. TISCO Financial Group Public Company Limited was founded in 1969 and is based in Bangkok, Thailand.
TISCO Financial Dividend Announcement
• TISCO Financial announced a semi annually dividend of $0.59 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-11
• TISCO Financial annual dividend for 2024 was $1.96
• TISCO Financial annual dividend for 2023 was $2.86
• TISCO Financial's trailing twelve-month (TTM) dividend yield is 7.56%
• TISCO Financial's payout ratio for the trailing twelve months (TTM) is 88.87%
• TISCO Financial's dividend growth over the last five years (2018-2023) was 13.01% year
TISCO Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | $0.59 | semi annually | 2024-10-15 |
2024-04-24 | $1.37 | semi annually | 2024-05-30 |
2023-09-05 | $0.56 | semi annually | 2023-10-10 |
2023-04-20 | $2.30 | semi annually | 2023-05-25 |
2022-04-29 | $2.07 | semi annually | 2022-06-03 |
2021-04-27 | $2.00 | semi annually | 2021-06-01 |
2020-04-24 | $2.40 | semi annually | 2020-05-26 |
2019-04-26 | $2.19 | semi annually | 2019-06-03 |
2018-04-26 | $1.55 | semi annually | 2018-06-04 |
2017-04-25 | $1.01 | semi annually | 2017-05-30 |
2016-04-26 | $0.67 | semi annually | |
2015-04-27 | $0.60 | semi annually | |
2014-04-29 | $0.62 | semi annually |
TISCO Financial Dividend per year
TISCO Financial Dividend growth
TISCO Financial Dividend Yield
TISCO Financial current trailing twelve-month (TTM) dividend yield is 7.56%. Interested in purchasing TISCO Financial stock? Use our calculator to estimate your expected dividend yield:
TISCO Financial Financial Ratios
TISCO Financial Dividend FAQ
Other factors to consider when evaluating TISCO Financial 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: TISCO Financial'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, TISCO Financial 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, TISCO Financial 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 TISCO Financial 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: TISCO Financial 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, TISCO Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TISCO Financial 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 TISCO Financial'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 TISCO Financial'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.