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Yong Concrete Public Company Limited engages in the manufacture and distribution of concrete products in Thailand. The company operates through three segments: Manufacture and Distribution of Concrete Products; Sale with Installation of Prefabricated Structures; and Transportation Service. It offers precast concrete fences and walls, concrete piles, ready mix concrete products, prefabricated concrete column structures, prestressed concrete pipes, prefabricated floor slabs, and concrete electric poles. The company is headquartered in Tha Muang, Thailand.

Yong Concrete Dividend Announcement

• Yong Concrete announced a annually dividend of ฿0.08 per ordinary share which will be made payable on . Ex dividend date: 2024-03-06
• Yong Concrete annual dividend for 2024 was ฿0.08
• Yong Concrete annual dividend for 2023 was ฿0.08
• Yong Concrete's trailing twelve-month (TTM) dividend yield is 5.0%
• Yong Concrete's payout ratio for the trailing twelve months (TTM) is 46.88%

Yong Concrete Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-06฿0.08annually
2023-03-09฿0.08annually2023-05-02

Yong Concrete Dividend per year

Yong Concrete Dividend Yield

Yong Concrete current trailing twelve-month (TTM) dividend yield is 5.0%. Interested in purchasing Yong Concrete stock? Use our calculator to estimate your expected dividend yield:

Yong Concrete Financial Ratios

P/E ratio9.37
PEG ratio0.09
P/B ratio1.22
ROE12.86%
Payout ratio46.88%
Current ratio1.23
Quick ratio0.78
Cash Ratio0.14

Yong Concrete Dividend FAQ

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