RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Thai Steel Cable PCL - Stock

Thai Steel Cable PCL Dividend 2024

Thai Steel Cable PCL Dividend

1 THB

Thai Steel Cable PCL Dividend yield

6.99 %

Ticker

TSC.BK

ISIN

TH0847010004

How much dividend does Thai Steel Cable PCL 2024 pay?

According to the latest status from June 2024, Thai Steel Cable PCL paid a total of 1 THB per share in dividends within the last 12 months. With the current Thai Steel Cable PCL price of 14.3 THB, this corresponds to a dividend yield of 6.99 %. A dividend is paid times per year.

6.99 % Dividend Yield=
1 THB Dividend
14.3 THB Stock Price

Historical Thai Steel Cable PCL Dividends

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

PaydateDividend
6/20/20240.4
3/1/20240.8
6/23/20230.4
3/2/20230.6
6/24/20220.4
3/3/20220.38
6/24/20210.4
2/28/20210.22
2/28/20200.25
6/22/20190.4
2/28/20190.6
6/23/20180.4
2/26/20180.55
6/23/20170.25
2/27/20170.25
6/19/20160.25
3/1/20160.5
6/25/20150.2
3/2/20150.5
3/3/20140.5
1
2

Thai Steel Cable PCL Stock Dividend

In 2023, Thai Steel Cable PCL paid a dividend amounting to 1 THB. Dividend means that Thai Steel Cable PCL distributes a portion of its profits to its owners.

  • 3 years

  • 5 years

  • 10 years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Thai Steel Cable 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 Thai Steel Cable PCL’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Thai Steel Cable 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.

Thai Steel Cable PCL Dividend History

DateThai Steel Cable PCL Dividend
20231 undefined
20220.78 undefined
20210.62 undefined
20200.25 undefined
20191 undefined
20180.95 undefined
20170.5 undefined
20160.75 undefined
20150.7 undefined
20140.5 undefined
20130.8 undefined
20120.5 undefined
20110.8 undefined
20100.8 undefined
20090.5 undefined
20080.5 undefined
20070.5 undefined
20060.4 undefined

Is the Thai Steel Cable PCL Dividend Safe?

Thai Steel Cable PCL has been increasing the dividend for 3 years.

Over the past 10 years, Thai Steel Cable PCL has increased it by an annual 2.257 %.

Over a five-year period, the distribution increased by 1.031%.

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

Thai Steel Cable PCL Stock Payout Ratio

In 2023, Thai Steel Cable PCL had a payout ratio of 81.1%. The payout ratio indicates the percentage of the company's profits that Thai Steel Cable PCL distributes as dividends.

  • 3 years

  • 5 years

  • 10 years

  • Max

Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for Thai Steel Cable 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 Thai Steel Cable 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 Thai Steel Cable 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.

Thai Steel Cable PCL Payout Ratio History

DateThai Steel Cable PCL Payout ratio
202381.1 %
202297.14 %
202167.93 %
202078.23 %
2019118.12 %
201898.39 %
201773.81 %
2016142.02 %
2015125.9 %
2014102.04 %
201363.49 %
201284.75 %
2011103.9 %
201069.57 %
200987.72 %
200867.57 %
200764.94 %
200646.51 %
200581.1 %
200481.1 %

Dividend Details

Understanding Thai Steel Cable PCL's Dividend Distributions

Thai Steel Cable 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 Thai Steel Cable 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

Thai Steel Cable 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 Thai Steel Cable 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.

Thai Steel Cable PCL Aktienanalyse

What does Thai Steel Cable PCL do?

Thai Steel Cable PCL is a Thai company that has been operating in the steel and wire rope industry for over 40 years. The company was founded in 1973 and has since become one of the leading manufacturers of steel and wire ropes in the region. The company's business model is focused on delivering high-quality products that meet the needs of a variety of industries. The key sectors include construction, oil and gas, mining, agriculture, and automotive. Each product is tailored to the specific requirements of the industry and customer to ensure optimal performance. In the construction sector, Thai Steel Cable is a key partner in the construction of high-rise buildings, bridges, and other large projects. The company offers a wide range of steel ropes, wires, and tension rods that can withstand the industry's high demands. In the oil and gas industry, the company provides a range of ropes that meet the demanding requirements of the industry. This includes special gripping and deflecting ropes used in drilling or special ropes for offshore installations. In agriculture, Thai Steel Cable supplies ropes for agricultural machinery, drainage pumps, and winches. Durability plays an important role here as the equipment is often subjected to heavy loads in tough field operations. In the automotive industry, the company offers various types of ropes. These include brake, clutch, and accelerator cables, as well as cables for transmissions, clutches, and steering systems. Careful attention must be paid to the durability of these components as they are often subjected to heavy stress in tough operational conditions. Thai Steel Cable also has a subsidiary specializing in the production of galvanized steel. This subsidiary, Thai Galvanizing Co. Ltd., was established in 1991 and produces high-quality steel products that comply with the strict regulations of the automotive, construction, shipbuilding, household, and industrial sectors. The company not only specializes in manufacturing products but also invests in the automation of production to continuously improve the efficiency and quality of its products. Thai Steel Cable has state-of-the-art production facilities and trained professionals who carefully inspect each product before it leaves the factory. Overall, Thai Steel Cable PCL is a well-established company in the Thai industry and beyond. Through continuous investments and a focus on quality and customer satisfaction, the company has achieved a leading position in the industries it serves. Thai Steel Cable 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.

Frequently Asked Questions about Thai Steel Cable PCL Stock

How much dividend does Thai Steel Cable PCL pay?

Over the past 12 months, Thai Steel Cable PCL paid a dividend of 1 THB . This corresponds to a dividend yield of about 6.99 %. For the coming 12 months, Thai Steel Cable PCL is expected to pay a dividend of 1 THB.

What is the dividend yield of Thai Steel Cable PCL?

The current dividend yield of Thai Steel Cable PCL is 6.99 %.

When does Thai Steel Cable PCL pay dividends?

Thai Steel Cable PCL pays a quarterly dividend. This is distributed in the months of March, June, March, June.

How secure is the dividend of Thai Steel Cable PCL?

Thai Steel Cable PCL paid dividends every year for the past 18 years.

What is the dividend of Thai Steel Cable PCL?

For the upcoming 12 months, dividends amounting to 1 THB are expected. This corresponds to a dividend yield of 6.99 %.

In which sector is Thai Steel Cable PCL located?

Thai Steel Cable PCL is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Thai Steel Cable PCL from 6/6/2024 amounting to 0.4 THB, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.

When did Thai Steel Cable PCL pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of Thai Steel Cable PCL in the year 2023?

In the year 2023, Thai Steel Cable PCL distributed 0.78 THB as dividends.

In which currency does Thai Steel Cable PCL pay out the dividend?

The dividends of Thai Steel Cable PCL are distributed in THB.

Andere Kennzahlen von Thai Steel Cable PCL

Our stock analysis for Thai Steel Cable 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 Thai Steel Cable PCL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.