TPBI Public Company Limited, together with its subsidiaries, manufactures and distributes plastic bags and other types of packaging products in Thailand. It offers plastic bags, such as loop and tape handle, flat and satchel, block and bottom, die cut, SOS, and fashion bags; woven, jute, and hybrid bags; piping bags for the use in whipping up pastries, cake, and other confectioneries; vest carrier/T-shirt bags, bio-compostable bags, and fruits and vegetables bags that are used in trade, supermarket, and convenient stores; garbage bags for garbage handling in trade, supermarket, and convenient stores; and LDPE zipper/food storage bags that are used in food protection, moisture, reusable, and resealable for food items. The company also manufactures multilayer blown films, including barrier films, which are used as a packaging for fresh food; lamination films for using in flexible packaging for food products; and stretch hoods and shrink films. In addition, it offers flexible packaging for frozen food, ready-to-eat food, and others in various package types; mailing and reusable bags; and digital printing services. Further, the company provides services for molding, cutting, and film-blowing for plastic bags; manufactures and distributes machines for plastic bags production; produces and distributes paper cups and zip bags; and trades in paper and plastic packaging products. Additionally, it manufactures and distributes paints and coating products; and plastic pellet compounds for production of various plastic products. TPBI Public Company Limited also exports its products to Australia, the United Kingdom, the United States, Japan, Myanmar, New Zealand, and internationally. The company was formerly known as Thai Plastic Bags Industries Co., Ltd. TPBI Public Company Limited was founded in 1981 and is headquartered in Nakhon Pathom, Thailand.
TPBI Dividend Announcement
• TPBI announced a annually dividend of ฿0.25 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-03
• TPBI annual dividend for 2024 was ฿0.25
• TPBI annual dividend for 2023 was ฿0.20
• TPBI's trailing twelve-month (TTM) dividend yield is 5.56%
• TPBI's payout ratio for the trailing twelve months (TTM) is 33.96%
TPBI Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | ฿0.25 | annually | 2024-05-24 |
2023-04-28 | ฿0.20 | annually | 2023-05-19 |
2021-04-30 | ฿0.25 | annually | 2021-05-21 |
2018-05-07 | ฿0.40 | annually | 2018-05-25 |
2017-04-28 | ฿0.60 | annually | 2017-05-22 |
2016-05-25 | ฿0.54 | annually |
TPBI Dividend per year
TPBI Dividend growth
TPBI Dividend Yield
TPBI current trailing twelve-month (TTM) dividend yield is 5.56%. Interested in purchasing TPBI stock? Use our calculator to estimate your expected dividend yield:
TPBI Financial Ratios
TPBI Dividend FAQ
Other factors to consider when evaluating TPBI 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: TPBI'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, TPBI 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, TPBI 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 TPBI 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: TPBI 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, TPBI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TPBI 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 TPBI'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 TPBI'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.