Is the TIPCO Asphalt PCL Dividend Safe?
TIPCO Asphalt PCL has been increasing the dividend for 1 years.
Over the past 10 years, TIPCO Asphalt PCL has increased it by an annual 28.733 %.
Over a five-year period, the distribution increased by 6.791%.
Analysts expect a Dividend Increase of 0.947% for the current fiscal year.
TIPCO Asphalt PCL Aktienanalyse
What does TIPCO Asphalt PCL do?
TIPCO Asphalt PCL is a significant player in the asphalt industry. The company was founded in Thailand in 1979 and has since expanded its business field steadily. TIPCO is today one of the leading providers of asphalt products in Thailand and carries out major projects annually in various infrastructure and construction industries.
The company's business model focuses on the production of asphalt products and the provision of services related to asphalt products. TIPCO offers its customers a wide range of asphalt products, meaning that customers can find different types of bitumen, types of asphalt, and other products that are specifically tailored to their needs.
TIPCO specializes in the Thai market and serves a wide range of customers, including ground and road construction companies, airports, bridges and stadiums, as well as city administrations. The company has several branches in Thailand, including Bangkok, Chonburi, Rayong, and Samutprakarn, to ensure efficient customer service.
The company's portfolio includes a wide range of products, including base asphalt, mastic asphalt, polymer-modified asphalt, asphalt emulsion, bitumen emulsion, bitumen fiber, asphalt emulsion, and asphalt maintenance products.
In the base product line, customers can find various types of asphalt such as gravity carriers, gravity absorbers, and gravity equivalents. The products have been specifically developed to meet the requirements of customers in the road and rail infrastructure sector.
The mastic asphalt line is another product segment of TIPCO, which is based on the use of mastic asphalt. This type of asphalt is very resistant and durable and is often used in airplane hangars, industrial heavy-duty roads, and also in agricultural areas.
Polymer-modified asphalt is an advanced type of asphalt that is used in high-traffic areas such as airports, highways, and stadium and parking structure, where performance and safety play an important role.
Asphalt lacquer is another product segment of TIPCO, which is manufactured to bind various asphalt components. There are also various bitumen emulsions that can be used to enhance or upgrade asphalt products.
Finally, there are also asphalt maintenance products that have been specifically developed to ensure the longevity and preservation of asphalt floors and roads.
TIPCO has also experienced strong growth in other countries, especially in Laos, where there is an increasing demand for asphalt products. TIPCO also has the vision to expand into other countries to strengthen its presence in the region.
Innovation is also an important factor for TIPCO. The company constantly invests in research and development with the aim of bringing new and improved products to the market. In general, the company focuses on continuous improvement in all business areas to meet high customer needs.
In an increasingly competitive market, TIPCO remains well positioned through its values, history, and commitment to the customer. The company has successfully expanded its position in the market and will continue to focus on innovative products and a strong presence in the region. TIPCO Asphalt PCL is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.