Millcon Steel PCL Stock

Millcon Steel PCL Dividend 2024

Millcon Steel PCL Dividend

0.01 THB

Millcon Steel PCL Dividend yield

6.99 %

Ticker

MILL.BK

ISIN

TH0957010Y02

How much dividend does Millcon Steel PCL 2024 pay?

According to the latest status from September 2024, Millcon Steel PCL paid a total of 0.01 THB per share in dividends within the last 12 months. With the current Millcon Steel PCL price of 0.13 THB, this corresponds to a dividend yield of 6.99 %. A dividend is paid times per year.

6.99 % Dividend Yield=
0.01 THB Dividend
0.13 THB Stock Price

Historical Millcon Steel PCL Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend
6/9/20220.01
6/7/20210
5/9/20200.02
6/3/20190.03
6/4/20180
6/4/20160.02
6/7/20140
6/3/20110.01
11/27/20100.03
9/25/20080.08
5/17/20080.01
1

Millcon Steel PCL dividend history and estimates

In 2023, Millcon Steel PCL paid a dividend amounting to 0 THB. Dividend means that Millcon Steel PCL distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Millcon Steel PCL provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Millcon Steel PCL’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Millcon Steel PCL's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Millcon Steel PCL Dividend History

DateMillcon Steel PCL Dividend
20220.01 undefined
20210 undefined
20200.02 undefined
20190.03 undefined
20180 undefined
20160.02 undefined
20140 undefined
20110.01 undefined
20100.02 undefined
20080.03 undefined

Is the Millcon Steel PCL Dividend Safe?

Millcon Steel PCL has been increasing the dividend for 2 years.

Over the past 10 years, Millcon Steel PCL has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Millcon Steel PCL dividend payout ratio

In 2023, Millcon Steel PCL had a payout ratio of 15.92%. The payout ratio indicates the percentage of the company's profits that Millcon Steel PCL distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Millcon Steel PCL represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Millcon Steel PCL could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Millcon Steel PCL's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Millcon Steel PCL Payout Ratio History

DateMillcon Steel PCL Payout ratio
202315.92 %
202230.23 %
20213.83 %
2020-56.67 %
201913.69 %
20187.01 %
201713.69 %
201620.16 %
201513.69 %
2014-0.35 %
201313.69 %
201213.69 %
201138.5 %
201076.67 %
200913.69 %
200814.74 %
200713.69 %
200613.69 %
200513.69 %
200413.69 %

Dividend Details

Understanding Millcon Steel PCL's Dividend Distributions

Millcon Steel PCL’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Millcon Steel PCL's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Millcon Steel PCL's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Millcon Steel PCL’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Millcon Steel PCL Aktienanalyse

What does Millcon Steel PCL do?

Millcon Steel PCL is a leading Thai steel manufacturing company that offers a diverse range of products for the construction, infrastructure, and automotive sectors. Founded in 1998, the company has become a key player in both the local and international markets. The business model of Millcon Steel PCL is based on the production of various steel products such as reinforcement steel, bar steel, and sheet piles. These products are manufactured in several divisions including Construction Steel, Automotive Steel, and Structural Steel. The company emphasizes an innovative and environmentally friendly production approach relying on state-of-the-art technology. As a result, Millcon Steel PCL was among the first in Thailand to successfully install a solid CO2 recovery unit to reduce carbon emissions and offset emissions. The company offers reinforcement steel products for use in the construction industry. Reinforcement steel is an essential component in the construction of buildings, bridges, and other infrastructure works, and is considered a strategic material by the government. Millcon Steel PCL aims to provide a wide range of products in this category to meet the needs of different customers. Among its offerings are reinforcement steel bars, hot-dip galvanized reinforcement steel, and welding wire. In the Automotive Steel segment, Millcon Steel PCL produces various types of forged products, cast products, and pipe products for the automotive sector. The company strives to manufacture a variety of products that meet the needs of different customers in this sector while maintaining the highest standards of quality and efficiency. In the Structural Steel segment, Millcon Steel PCL produces products such as I-beams, angles, channels, T-profiles, tubular structures, and welding wire. These products are suitable for use in a wide range of projects, particularly in the construction industry. The company is constantly working to expand its production capacity and diversify its product range to meet market demands. Millcon Steel PCL places great emphasis on the safety and quality of its products. The company relies on effective quality control to ensure that all products meet the highest standards. State-of-the-art measurement and testing methods are used to ensure compliance with international quality standards. Millcon Steel PCL is a company with a strong growth strategy. The company aims to further expand its presence in both the local and international markets. To achieve this goal, Millcon Steel PCL has made significant investments in new technologies and facilities. In the future, the company will strive to further expand its production capacity and market penetration to meet the growing demand for steel products. In summary, Millcon Steel PCL is a strong company with a diversified product range that focuses on innovative and environmentally friendly production. The company aims to meet the highest standards in terms of quality and efficiency and will continue to play a leading role in the local and international markets in the future. Millcon Steel PCL is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Millcon Steel PCL stock

How much dividend does Millcon Steel PCL pay?

Over the past 12 months, Millcon Steel PCL paid a dividend of 0.01 THB . This corresponds to a dividend yield of about 6.99 %. For the coming 12 months, Millcon Steel PCL is expected to pay a dividend of 0.01 THB.

What is the dividend yield of Millcon Steel PCL?

The current dividend yield of Millcon Steel PCL is 6.99 %.

When does Millcon Steel PCL pay dividends?

Millcon Steel PCL pays a quarterly dividend. This is distributed in the months of June, May, June, June.

How secure is the dividend of Millcon Steel PCL?

Millcon Steel PCL paid dividends every year for the past 0 years.

What is the dividend of Millcon Steel PCL?

For the upcoming 12 months, dividends amounting to 0.01 THB are expected. This corresponds to a dividend yield of 6.99 %.

In which sector is Millcon Steel PCL located?

Millcon Steel PCL is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Millcon Steel PCL kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Millcon Steel PCL from 5/27/2022 amounting to 0.009 THB, you needed to have the stock in your portfolio before the ex-date on 5/9/2022.

When did Millcon Steel PCL pay the last dividend?

The last dividend was paid out on 5/27/2022.

What was the dividend of Millcon Steel PCL in the year 2023?

In the year 2023, Millcon Steel PCL distributed 0.003 THB as dividends.

In which currency does Millcon Steel PCL pay out the dividend?

The dividends of Millcon Steel PCL are distributed in THB.

Andere Kennzahlen von Millcon Steel PCL

Our stock analysis for Millcon Steel PCL Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Millcon Steel PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.