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Thai Steel Cable PCL (BKK:TSC) Dividend Yield % : 8.00% (As of Dec. 15, 2024)


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What is Thai Steel Cable PCL Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Thai Steel Cable PCL is 8.00%.

Good Sign:

Thai Steel Cable PCL stock dividend yield is close to 3-year high.

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

BKK:TSC' s Dividend Yield % Range Over the Past 10 Years
Min: 3.18   Med: 6.77   Max: 11.36
Current: 8

During the past 13 years, the highest Dividend Yield of Thai Steel Cable PCL was 11.36%. The lowest was 3.18%. And the median was 6.77%.

BKK:TSC's Dividend Yield % is ranked better than
95.37% of 843 companies
in the Vehicles & Parts industry
Industry Median: 2.44 vs BKK:TSC: 8.00

Thai Steel Cable PCL's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thai Steel Cable PCL is 1.09, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Thai Steel Cable PCL was 1.88. The lowest was 0.74. And the median was 1.06.

As of today (2024-12-15), the Forward Dividend Yield % of Thai Steel Cable PCL is 8.00%.

Thai Steel Cable PCL's Dividends per Share for the three months ended in Sep. 2024 was ฿0.00.

During the past 12 months, Thai Steel Cable PCL's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thai Steel Cable PCL was 22.10% per year. The lowest was -14.50% per year. And the median was 10.40% 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.


Thai Steel Cable PCL Dividend Yield % Historical Data

The historical data trend for Thai Steel Cable 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.

Thai Steel Cable PCL Dividend Yield % Chart

Thai Steel Cable PCL Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.52 8.04 7.41 7.19 8.45

Thai Steel Cable PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.19 6.67 8.16 8.45 8.45

Competitive Comparison of Thai Steel Cable PCL's Dividend Yield %

For the Auto Parts subindustry, Thai Steel Cable 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.


Thai Steel Cable PCL's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Thai Steel Cable PCL's Dividend Yield % falls into.



Thai Steel Cable PCL Dividend Yield % Calculation

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

Thai Steel Cable PCL Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
THB 0.4000002024-05-202024-05-212024-06-06Cash Dividendsemi-annuallyTHB:THB 1.000000
THB 0.8000002024-02-012024-02-022024-02-22Cash Dividendsemi-annuallyTHB: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.

Thai Steel Cable PCL's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.2/15.00
=8.00 %

Current Share Price is ฿15.00.
Thai Steel Cable PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿1.2.

Thai Steel Cable PCL's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.8/15.00
=5.33 %

Current Share Price is ฿15.00.
Thai Steel Cable PCL's Dividends per Share for the forward twelve months is calculated as ฿0.4 * 2 = ฿0.8.

* 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.


Thai Steel Cable PCL  (BKK:TSC) 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.


Thai Steel Cable PCL Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Thai Steel Cable PCL's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Steel Cable PCL Business Description

Traded in Other Exchanges
N/A
Address
700/737, Moo 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.

Thai Steel Cable PCL Headlines

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