TMT Steel Public Company Limited sells and transforms structural steel, plates, and sheets primarily in Thailand. The company offers flat products, including hot rolled steel sheets, flat iron, steel coil slit, and patterned steel sheets; cold forming products, including round, rectangular, square, paint, primer coated, API, ASTM, and galvanized steel tubes, as well as pipes, light channels and angles, and primer coated and galvanized c channels. It also provides hot formed steel products, such as H-shaped, T-shaped, and I-shaped structural steels; hot rolled steel gutter and angle steel; round steel bars; and deformed bars. The company was formerly known as Thai Metal Trade Public Company Limited. TMT Steel Public Company Limited was founded in 1992 and is headquartered in Bangkok, Thailand.
TMT Steel Dividend Announcement
• TMT Steel announced a semi annually dividend of ฿0.05 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-22
• TMT Steel annual dividend for 2024 was ฿0.20
• TMT Steel annual dividend for 2023 was ฿0.30
• TMT Steel's trailing twelve-month (TTM) dividend yield is 4.95%
• TMT Steel's payout ratio for the trailing twelve months (TTM) is 119.96%
• TMT Steel's dividend growth over the last five years (2018-2023) was -24.21% year
• TMT Steel's dividend growth over the last ten years (2013-2023) was -9.34% year
TMT Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-22 | ฿0.05 | semi annually | 2024-09-06 |
2024-04-09 | ฿0.15 | semi annually | |
2023-08-24 | ฿0.15 | semi annually | 2023-09-08 |
2023-04-17 | ฿0.15 | semi annually | 2023-05-03 |
2022-08-24 | ฿0.15 | semi annually | 2022-09-09 |
2022-04-18 | ฿0.70 | semi annually | 2022-05-06 |
2021-08-27 | ฿0.60 | semi annually | 2021-09-10 |
2021-04-19 | ฿0.50 | semi annually | 2021-04-30 |
2020-04-17 | ฿0.30 | semi annually | |
2020-04-07 | ฿0.30 | semi annually | 2020-04-22 |
2019-03-06 | ฿0.07 | semi annually | 2019-04-18 |
2018-03-08 | ฿1.20 | semi annually | 2018-04-19 |
2017-03-03 | ฿1.50 | semi annually | 2017-04-19 |
2016-03-02 | ฿0.65 | semi annually | |
2015-02-27 | ฿0.65 | semi annually | |
2014-03-04 | ฿0.80 | semi annually | |
2013-03-01 | ฿0.80 | semi annually |
TMT Steel Dividend per year
TMT Steel Dividend growth
TMT Steel Dividend Yield
TMT Steel current trailing twelve-month (TTM) dividend yield is 4.95%. Interested in purchasing TMT Steel stock? Use our calculator to estimate your expected dividend yield:
TMT Steel Financial Ratios
TMT Steel Dividend FAQ
Other factors to consider when evaluating TMT Steel 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: TMT Steel'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, TMT Steel 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, TMT Steel 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 TMT Steel 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: TMT Steel 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, TMT Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TMT Steel 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 TMT Steel'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 TMT Steel'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.