SAT-F dividend – Somboon Advance Technology PCL Declares Cash Dividend of 1.12.
March 26, 2023
Dividends Yield
On March 2 2023, Somboon Advance Technology ($SET:SAT-F) PCL announced a cash dividend of 1.12 THB per share. This dividend is significantly lower than the 1.48 THB per share dividends offered by the company for the last three years, resulting in a dividend yield of 7.4%. For shareholders looking for a good dividend stock, SOMBOON ADVANCE TECHNOLOGY PCL could be worth considering. The ex-dividend date for this dividend is March 8 2023, and the payment date is set for April 7 2023.
SOMBOON ADVANCE TECHNOLOGY PCL has been offering dividends consistently over the years, making it a great option for investors looking for consistent returns. Investors should take into account the impact of the pandemic on the company’s financial performance before investing in SOMBOON ADVANCE TECHNOLOGY PCL.
Market Price
On Thursday, the stock opened at THB20.0 and closed at the same value. This dividend payout is subject to approval from the shareholders in an upcoming meeting and will become effective if approved. This move comes after the stock opened at THB20.0 and closed at the same value on Thursday. The shareholders will have to approve this dividend payout at a meeting and only then it will take effect. If approved, the cash dividend will be paid out to the shareholders of record as of the date of the shareholders’ meeting.
On Thursday, the stock opened at THB20.0 and closed at the same value, leading to this dividend declaration. This dividend payout is subject to approval from the shareholders in an upcoming meeting and will become effective if approved. The date of record for this dividend distribution will be determined at the same shareholder meeting. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SAT-F. More…
| Total Revenues | Net Income | Net Margin |
| 8.93k | 939.97 | 10.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SAT-F. More…
| Operations | Investing | Financing |
| 1.22k | -174.31 | -647.69 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SAT-F. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.35k | 2.38k | 18.7 |
Key Ratios Snapshot
Some of the financial key ratios for SAT-F are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.7% | 5.3% | 12.1% |
| FCF Margin | ROE | ROA |
| 6.4% | 8.6% | 6.5% |
Analysis
At GoodWhale, we have completed an analysis of SOMBOON ADVANCE TECHNOLOGY PCL’s financials. After thorough assessment, we have assigned a Risk Rating of “Low Risk” to the company. This suggests that the business and financial aspects of SOMBOON ADVANCE TECHNOLOGY PCL is generally safe for investment. However, we have detected 1 risk warning in the income sheet. If you are interested to find out more about this warning, do register on goodwhale.com and take a look at our analysis. We hope this helps you to make a better decision when it comes to investing in SOMBOON ADVANCE TECHNOLOGY PCL. More…
Summary
Investing in SOMBOON ADVANCE TECHNOLOGY PCL can be a lucrative option for investors due to the company’s consistent record of paying out an annual dividend of 1.48 THB per share over the last three years. This maintains a healthy dividend yield of 7.4%, which is significantly higher than the market average. With this in mind, investors looking for steady income from dividends should consider investing in this company. Additionally, the company has a strong track record of stability and profitability, making it an attractive option for long-term investors looking for stability and income.
