Union Pioneer Public Company Limited manufactures and distributes finished elastic products in Thailand, the United States, and internationally. The company offers rubber tapes for use in swimwear, sportwear, active wear, underwear, and innerwear; rim of pants' legs for gentlemen; medical and health care products; and furniture industry. It also provides rubber threads for use in the rims of baby and adult diaper's legs and waist; the rims of legs for gentlemen; swimming suits; and the rims of shower cap and swimming caps, as well as exercise bands. In addition, the company offers elastic braids for consumer and industrial textile applications; and elastic webbing and covering yarn products that are used as components of the underwear for gentlemen and ladies, general clothes for children and adults, warming suits, sportswear, healthy products using elastic, and tapes for flasks and bags. Further, it provides medical devices, such as Esmarch and elastic bandages; tourniquet; and non-sterile conforming bandage, as well as elastic bands for exercise and physical therapy. The company offers its products under the VENUS brand. The company was founded in 1973 and is headquartered in Bangkok, Thailand. Union Pioneer Public Company Limited is a subsidiary of Saha-Union Public Company Limited.
Union Pioneer Dividend Announcement
• Union Pioneer announced a annually dividend of ฿0.86 per ordinary share which will be made payable on 2024-05-14. Ex dividend date: 2024-04-01
• Union Pioneer annual dividend for 2024 was ฿0.86
• Union Pioneer annual dividend for 2023 was ฿2.85
• Union Pioneer's trailing twelve-month (TTM) dividend yield is 2.53%
• Union Pioneer's payout ratio for the trailing twelve months (TTM) is 29.35%
• Union Pioneer's dividend growth over the last five years (2018-2023) was -6.55% year
• Union Pioneer's dividend growth over the last ten years (2013-2023) was -5.47% year
Union Pioneer Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-01 | ฿0.86 | annually | 2024-05-14 |
2023-03-27 | ฿2.85 | annually | 2023-05-10 |
2022-03-28 | ฿4.71 | annually | 2022-04-21 |
2021-03-29 | ฿8.90 | annually | 2021-04-22 |
2020-03-30 | ฿0.13 | annually | 2020-04-23 |
2019-04-01 | ฿2.41 | annually | 2019-04-25 |
2018-04-02 | ฿4.00 | annually | 2018-04-26 |
2017-03-24 | ฿7.10 | annually | |
2016-03-25 | ฿4.90 | annually | |
2015-03-30 | ฿3.35 | annually | |
2014-03-31 | ฿2.80 | annually | |
2013-04-01 | ฿5.00 | annually |
Union Pioneer Dividend per year
Union Pioneer Dividend growth
Union Pioneer Dividend Yield
Union Pioneer current trailing twelve-month (TTM) dividend yield is 2.53%. Interested in purchasing Union Pioneer stock? Use our calculator to estimate your expected dividend yield:
Union Pioneer Financial Ratios
Union Pioneer Dividend FAQ
Other factors to consider when evaluating Union Pioneer 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: Union Pioneer'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, Union Pioneer 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, Union Pioneer 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 Union Pioneer 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: Union Pioneer 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, Union Pioneer distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Union Pioneer 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 Union Pioneer'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 Union Pioneer'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.