Sahamit Machinery PCL (BKK:SMIT) Dividend Yield % : 6.03% (As of Oct. 31, 2024)

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What is Sahamit Machinery PCL Dividend Yield %?

As of today (2024-10-31), the Trailing Annual Dividend Yield of Sahamit Machinery PCL is 6.03%.

Warning Sign:

Sahamit Machinery PCL stock dividend yield is close to 5-year low.

The historical rank and industry rank for Sahamit Machinery PCL's Dividend Yield % or its related term are showing as below:

BKK:SMIT' s Dividend Yield % Range Over the Past 10 Years
Min: 4 Med: 6.31 Max: 11.72
Current: 6.03

During the past 13 years, the highest Dividend Yield of Sahamit Machinery PCL was 11.72%. The lowest was 4.00%. And the median was 6.31%.

BKK:SMIT's Dividend Yield % is ranked better than
80.87% of 345 companies
in the Steel industry
Industry Median: 3.04 vs BKK:SMIT: 6.03

Sahamit Machinery PCL's Dividend Payout Ratio for the three months ended in Jun. 2024 was 2.15.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Sahamit Machinery PCL is 1.03, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Sahamit Machinery PCL was 1.20. The lowest was 0.58. And the median was 0.80.

As of today (2024-10-31), the Forward Dividend Yield % of Sahamit Machinery PCL is 6.03%.

Sahamit Machinery PCL's Dividends per Share for the three months ended in Jun. 2024 was ฿0.14.

During the past 12 months, Sahamit Machinery PCL's average Dividends Per Share Growth Rate was -29.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sahamit Machinery PCL was 51.20% per year. The lowest was -14.20% per year. And the median was 3.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sahamit Machinery PCL Dividend Yield % Historical Data

The historical data trend for Sahamit Machinery PCL's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sahamit Machinery PCL Dividend Yield % Chart

Sahamit Machinery PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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9.04

7.69

6.22

7.29

6.64

Sahamit Machinery PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Yield %	Get a 7-Day Free Trial															7.26	6.52	6.64	6.67	5.41

Competitive Comparison of Sahamit Machinery PCL's Dividend Yield %

For the Steel subindustry, Sahamit Machinery PCL's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sahamit Machinery PCL's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sahamit Machinery PCL's Dividend Yield % falls into.

Sahamit Machinery PCL Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sahamit Machinery PCL Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
THB 0.100000	2024-08-22	2024-08-23	2024-09-06	Cash Dividend	semi-annually	THB:THB 1.000000
THB 0.140000	2024-05-09	2024-05-10	2024-05-24	Cash Dividend	semi-annually	THB:THB 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Sahamit Machinery PCL's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.24	/	4.00
	=	6.00 %

Current Share Price is ฿4.00.
Sahamit Machinery PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿0.24.

Sahamit Machinery PCL's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.2	/	4.00
	=	5.00 %

Current Share Price is ฿4.00.
Sahamit Machinery PCL's Dividends per Share for the forward twelve months is calculated as ฿0.1 * 2 = ฿0.2.

Sahamit Machinery PCL (BKK:SMIT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Sahamit Machinery PCL Dividend Yield % Related Terms

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Sahamit Machinery PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahamit Machinery PCL (BKK:SMIT) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 3 Road, 42 48 Soi chokchaijongjumroen, Yannawa, Bangpongpang, Bangkok, THA, 10120

Website

http://www.sahamit.co.th

Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.