TPI Polene Power Public Company Limited generates and distributes electricity in Thailand. The company operates through Energy & Utilities, and Petrol and Gas Stations segments. It operates municipal solid waste fired, coal-fired, waste-to-energy, and waste-heat recovery power plants; and petrol and natural gas (NGV) service stations. The company sells its electricity to the electricity generating authority of Thailand. As of December 31, 2021, it operated 8 power plants with a total installed power generation capacity of 440 megawatt, as well as 8 petrol stations, 3 fuel and natural gas stations, and 1 gas station under the TPIPP brand. The company was incorporated in 1991 and is headquartered in Bangkok, Thailand. TPI Polene Power Public Company Limited operates as a subsidiary of TPI Polene Public Company Limited.
TPI Polene Power Dividend Announcement
• TPI Polene Power announced a quarterly dividend of ฿0.09 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-11
• TPI Polene Power annual dividend for 2024 was ฿0.21
• TPI Polene Power annual dividend for 2023 was ฿0.24
• TPI Polene Power's trailing twelve-month (TTM) dividend yield is 6.95%
• TPI Polene Power's payout ratio for the trailing twelve months (TTM) is 62.44%
• TPI Polene Power's dividend growth over the last five years (2018-2023) was -6.73% year
TPI Polene Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-11 | ฿0.09 | quarterly | 2024-09-20 |
2024-03-13 | ฿0.12 | quarterly | |
2023-09-13 | ฿0.12 | quarterly | 2023-09-25 |
2023-03-08 | ฿0.03 | quarterly | 2023-05-11 |
2023-02-08 | ฿0.09 | quarterly | 2023-02-23 |
2022-09-08 | ฿0.12 | quarterly | 2022-09-23 |
2022-03-02 | ฿0.13 | quarterly | 2022-05-12 |
2021-09-09 | ฿0.12 | quarterly | 2021-09-22 |
2021-03-12 | ฿0.15 | quarterly | 2021-05-07 |
2020-09-03 | ฿0.12 | quarterly | 2020-09-22 |
2020-03-12 | ฿0.20 | quarterly | 2020-05-15 |
2019-12-12 | ฿0.10 | quarterly | 2019-12-27 |
2019-09-12 | ฿0.10 | quarterly | 2019-09-24 |
2019-03-07 | ฿0.10 | quarterly | 2019-05-03 |
2018-12-06 | ฿0.10 | quarterly | 2018-12-21 |
2018-09-17 | ฿0.10 | quarterly | 2018-10-04 |
2018-06-13 | ฿0.10 | quarterly | 2018-06-28 |
2018-03-12 | ฿0.04 | quarterly | 2018-05-10 |
2017-12-12 | ฿0.06 | quarterly | 2017-12-27 |
2017-09-12 | ฿0.10 | quarterly | 2017-09-22 |
2017-05-19 | ฿0.10 | quarterly | 2017-06-02 |
TPI Polene Power Dividend per year
TPI Polene Power Dividend growth
TPI Polene Power Dividend Yield
TPI Polene Power current trailing twelve-month (TTM) dividend yield is 6.95%. Interested in purchasing TPI Polene Power stock? Use our calculator to estimate your expected dividend yield:
TPI Polene Power Financial Ratios
TPI Polene Power Dividend FAQ
Other factors to consider when evaluating TPI Polene Power 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: TPI Polene Power'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, TPI Polene Power 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, TPI Polene Power 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 TPI Polene Power 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: TPI Polene Power 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, TPI Polene Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TPI Polene Power 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 TPI Polene Power'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 TPI Polene Power'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.