Tropical Canning (Thailand) Public Company Limited engages in the production and export of canned and pouched seafood products in Thailand, Australia, the United States, Canada, the Middle East, South Africa, and Asia. It offers canned tuna and shellfish products; ready-to-eat processed products, including sardines and Mackerel in Tomato Sauce; ready-to-eat processed tuna and salmon; and canned pet food, which include pet food from raw sardines, tuna, and amimal offal. The company was founded in 1979 and is based in Hat Yai, Thailand.
Tropical Canning Dividend Announcement
• Tropical Canning announced a annually dividend of ฿0.10 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-03
• Tropical Canning annual dividend for 2024 was ฿0.10
• Tropical Canning annual dividend for 2023 was ฿0.50
• Tropical Canning's trailing twelve-month (TTM) dividend yield is 1.41%
• Tropical Canning's payout ratio for the trailing twelve months (TTM) is 12.02%
• Tropical Canning's dividend growth over the last five years (2018-2023) was 58.49% year
• Tropical Canning's dividend growth over the last ten years (2013-2023) was 17.46% year
Tropical Canning Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | ฿0.10 | annually | 2024-05-24 |
2023-05-09 | ฿0.50 | annually | 2023-05-26 |
2022-05-09 | ฿0.15 | annually | 2022-05-26 |
2021-05-10 | ฿0.25 | annually | 2021-05-27 |
2020-05-08 | ฿0.12 | annually | 2020-05-28 |
2019-05-02 | ฿0.15 | annually | 2019-05-24 |
2018-05-07 | ฿0.05 | annually | 2018-05-25 |
2017-05-03 | ฿0.10 | annually | 2017-05-26 |
2016-05-04 | ฿0.15 | annually | |
2015-05-12 | ฿0.15 | annually | |
2014-05-02 | ฿0.10 | annually | |
2014-03-12 | ฿0.09 | annually | |
2013-05-02 | ฿0.10 | annually |
Tropical Canning Dividend per year
Tropical Canning Dividend growth
Tropical Canning Dividend Yield
Tropical Canning current trailing twelve-month (TTM) dividend yield is 1.41%. Interested in purchasing Tropical Canning stock? Use our calculator to estimate your expected dividend yield:
Tropical Canning Financial Ratios
Tropical Canning Dividend FAQ
Other factors to consider when evaluating Tropical Canning 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: Tropical Canning'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, Tropical Canning 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, Tropical Canning 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 Tropical Canning 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: Tropical Canning 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, Tropical Canning distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tropical Canning 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 Tropical Canning'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 Tropical Canning'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.