Table of Contents

company-logo

Vichitbhan Palmoil Public Company Limited produces and distributes crude palm oil and palm Kernel products in Thailand. It offers crude palm oil for palm oil refineries to be used in the food and other industries, such as the production of biscuits, creamer, and ice cream, as well as for shampoo manufacturing and cosmetics industries, and in the production of fatty acids, methyl ester, etc. The company also provides palm kernel oils that are used as ingredients in the production of margarine, bread, fats for cooking, cosmetics, and health supplements; raw materials for oleo chemicals industry; and pulp is used as ingredient in animal food. In addition, it offers by products, such as seeds, palm Kernel shells, empty fruit bunches, decanter cakes, and palm fibers. Further, the company is also involved in energy production by using wastewater, as well as residues from the production process of crude palm oil to produce biogas to be used as fuel. Vichitbhan Palmoil Public Company Limited was incorporated in 1987 and is headquartered in Bangkok, Thailand.

Vichitbhan Palmoil Dividend Announcement

• Vichitbhan Palmoil announced a annually dividend of ฿0.05 per ordinary share which will be made payable on . Ex dividend date: 2015-04-27
• Vichitbhan Palmoil's trailing twelve-month (TTM) dividend yield is -%

Vichitbhan Palmoil Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-04-27฿0.05annually

Vichitbhan Palmoil Dividend per year

Vichitbhan Palmoil Dividend Yield

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

Vichitbhan Palmoil Financial Ratios

P/E ratio-7.06
PEG ratio-0.59
P/B ratio1.37
ROE-20.03%
Payout ratio0.00%
Current ratio0.93
Quick ratio0.26
Cash Ratio0.02

Vichitbhan Palmoil Dividend FAQ

Does Vichitbhan Palmoil stock pay dividends?
Vichitbhan Palmoil does not currently pay dividends to its shareholders.
Has Vichitbhan Palmoil ever paid a dividend?
No, Vichitbhan Palmoil has no a history of paying dividends to its shareholders. Vichitbhan Palmoil is not known for its dividend payments.
Why doesn't Vichitbhan Palmoil pay dividends?
There are several potential reasons why Vichitbhan Palmoil 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 Vichitbhan Palmoil 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 Vichitbhan Palmoil 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 Vichitbhan Palmoil a dividend aristocrat?
Vichitbhan Palmoil 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 Vichitbhan Palmoil a dividend king?
Vichitbhan Palmoil 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 Vichitbhan Palmoil a dividend stock?
No, Vichitbhan Palmoil 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 Vichitbhan Palmoil stocks?
To buy Vichitbhan Palmoil 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 Vichitbhan Palmoil 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.