Table of Contents

company-logo

True Corporation Public Company Limited, together with its subsidiaries, engages in the telecommunications and diversified communications industries in Thailand. The company operates through TrueMove H, TrueOnline, and TrueVisions segments. It offers mobile, broadband Internet, Wi-Fi, content and media, television, and digital platforms and solutions. The company is also involved in entertainment, mobile equipment lessor, program production, non-government telecommunication, artist management and related, Internet services provider and distributor, and marketing management activities. In addition, it operates news channel; and provides business solutions, online digital media services on website and telecommunication devices, distribution center services, consultancy and management services related to logistics, advertising sale and agency services, wireless telecommunication services, pay television via cable system, and football club and related activities management services. Further, the company operates as a content provider; designs, develops, produces, and sells software products; and offers data analytics and digital solutions, and hospitality technology, as well as business process outsourcing services in technical service, marketing, and customer relations. The company was formerly known as TelecomAsia Corporation Public Company Limited and changed its name to True Corporation Public Company Limited in April 2004. True Corporation Public Company Limited was incorporated in 1990 and is headquartered in Bangkok, Thailand.

True Dividend Announcement

• True announced a annually dividend of ฿0.07 per ordinary share which will be made payable on . Ex dividend date: 2022-03-11
• True's trailing twelve-month (TTM) dividend yield is -%

True Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-03-11฿0.07annually
2021-03-12฿0.07annually
2020-03-13฿0.09annually
2019-03-14฿0.09annually
2018-03-14฿0.03annually
2016-04-19฿0.01annually

True Dividend per year

True Dividend growth

True Dividend Yield

True current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing True stock? Use our calculator to estimate your expected dividend yield:

True Financial Ratios

P/E ratio-33.54
PEG ratio0.16
P/B ratio6.01
ROE-17.53%
Payout ratio0.00%
Current ratio0.40
Quick ratio0.39
Cash Ratio0.08

True Dividend FAQ

Does True stock pay dividends?
True does not currently pay dividends to its shareholders.
Has True ever paid a dividend?
No, True has no a history of paying dividends to its shareholders. True is not known for its dividend payments.
Why doesn't True pay dividends?
There are several potential reasons why True would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will True ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While True has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is True a dividend aristocrat?
True is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is True a dividend king?
True is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is True a dividend stock?
No, True is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy True stocks?
To buy True you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy True stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.