United Palm Oil Industry Public Company Limited engages in manufacture and sale of crude palm oil and palm kernel oil in Thailand. The company operates in two segments: Oil Palm Plantation, Crude Palm Oil, and Crude Palm Kernel Oil Processing; and Generation of Electricity from Biogases and Biomasses. It also holds concessions to use forest reserve land. The company was incorporated in 1978 and is headquartered in Bangkok, Thailand. United Palm Oil Industry Public Company Limited operates as a subsidiary of Lam Soon (Thailand) Public Company Limited.
United Palm Oil Industry Dividend Announcement
• United Palm Oil Industry announced a annually dividend of ฿0.30 per ordinary share which will be made payable on 2024-05-21. Ex dividend date: 2024-03-07
• United Palm Oil Industry annual dividend for 2024 was ฿0.30
• United Palm Oil Industry annual dividend for 2023 was ฿0.45
• United Palm Oil Industry's trailing twelve-month (TTM) dividend yield is 4.55%
• United Palm Oil Industry's payout ratio for the trailing twelve months (TTM) is 48.21%
• United Palm Oil Industry's dividend growth over the last five years (2018-2023) was 35.10% year
• United Palm Oil Industry's dividend growth over the last ten years (2013-2023) was -1.05% year
United Palm Oil Industry Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-07 | ฿0.30 | annually | 2024-05-21 |
2023-03-09 | ฿0.45 | annually | 2023-05-03 |
2022-03-10 | ฿0.50 | annually | 2022-05-06 |
2021-05-06 | ฿0.20 | annually | 2021-05-21 |
2020-05-05 | ฿0.03 | annually | 2020-05-22 |
2019-05-07 | ฿0.08 | annually | 2019-05-23 |
2018-05-07 | ฿0.10 | annually | 2018-05-23 |
2017-05-03 | ฿0.15 | annually | 2017-05-23 |
2016-05-03 | ฿0.10 | annually | |
2015-04-30 | ฿0.15 | annually | |
2014-11-18 | ฿0.14 | annually | |
2014-04-30 | ฿0.40 | annually | |
2013-08-20 | ฿0.20 | annually | |
2013-05-02 | ฿0.30 | annually |
United Palm Oil Industry Dividend per year
United Palm Oil Industry Dividend growth
United Palm Oil Industry Dividend Yield
United Palm Oil Industry current trailing twelve-month (TTM) dividend yield is 4.55%. Interested in purchasing United Palm Oil Industry stock? Use our calculator to estimate your expected dividend yield:
United Palm Oil Industry Financial Ratios
United Palm Oil Industry Dividend FAQ
Other factors to consider when evaluating United Palm Oil Industry 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: United Palm Oil Industry'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, United Palm Oil Industry 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, United Palm Oil Industry 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 United Palm Oil Industry 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: United Palm Oil Industry 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, United Palm Oil Industry distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: United Palm Oil Industry 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 United Palm Oil Industry'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 United Palm Oil Industry'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.