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World Flex Public Company Limited manufactures and sells natural rubber thread products for the textile industry. It offers rubber threads coated with talcum and polymer. The company's products are used in various applications, which include sock tops, panty hose tops, orthopedic knit sockings, hosiery, light ribbons, alimentary and medical nettings, loom fabrics and warps, woofs, raschel fabrics, braids, laces, cords, and belts for furniture. It operates in Thailand, the People's Republic of China, Bangladesh, Indonesia, Russia, Brazil, and internationally. The company was founded in 1991 and is headquartered in Bangkok, Thailand. World Flex Public Company Limited is a subsidiary of Thai Rubber Latex Group Public Company Limited.

World Flex Dividend Announcement

• World Flex announced a annually dividend of ฿0.21 per ordinary share which will be made payable on 2023-05-15. Ex dividend date: 2023-04-25
• World Flex annual dividend for 2023 was ฿0.21
• World Flex's trailing twelve-month (TTM) dividend yield is -%

World Flex Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-04-25฿0.21annually2023-05-15
2022-03-10฿0.24annually2022-05-05
2022-01-06฿0.22annually2022-01-19

World Flex Dividend per year

World Flex Dividend Yield

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

World Flex Financial Ratios

P/E ratio-4.89
PEG ratio-0.15
P/B ratio0.37
ROE-7.29%
Payout ratio0.00%
Current ratio1.21
Quick ratio0.61
Cash Ratio0.08

World Flex Dividend FAQ

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