2S stock dividend – 2S Metal PCL Declares 0.2 Cash Dividend.
March 26, 2023
Dividends Yield
On March 1 2023, 2S Metal PCL announced an exciting news for their shareholders – a 0.2 Cash Dividend. This dividend marks the continuation of their tradition of delivering value to their stakeholders over the years. For the past three years, the company has offered an annual dividend per share of 0.27 THB with a dividend yield of 5.21%. Investors in search of high-yielding stocks should take notice to this latest development; 2S METAL PUBLIC ($SET:2S) may be a viable option for them.
The ex-dividend date is set at March 8 2023, meaning shareholders of record as of that date will be entitled to receive the cash dividend. With this dividend statement, 2S METAL PUBLIC has reassured its investors of its commitment to their well-being.
Stock Price
This follows the company’s opening stock price at THB3.3 and its closing price at THB3.3, a decrease of 0.6% from the prior closing price of 3.3. The declared dividend will be paid out directly to those owning 2S Metal PCL shares as of the record date. The dividend will be paid out in Thai Baht, and is subject to any applicable withholding taxes as required by law. As a result of the dividend declaration, 2S Metal PCL will now hold a new record date, which will determine which shareholders are eligible to receive the dividend payment.
This dividend declaration marks another success for 2S Metal PCL, with investors being rewarded for their faith in the company. It is expected that this dividend declaration will further strengthen the company’s position in the market and provide further incentive to those considering investing in 2S Metal PCL. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for 2S. More…
| Total Revenues | Net Income | Net Margin |
| 6.71k | -122.18 | -1.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for 2S. More…
| Operations | Investing | Financing |
| 322.48 | -90.33 | 13.52 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for 2S. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.29k | 270.59 | 3.67 |
Key Ratios Snapshot
Some of the financial key ratios for 2S are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | 90.4% | -1.8% |
| FCF Margin | ROE | ROA |
| 3.4% | -3.8% | -3.4% |
Analysis – 2S Intrinsic Value
At GoodWhale, we conducted an analysis of 2S METAL PUBLIC’s financials. Our proprietary Valuation Line was used to calculate the intrinsic value of 2S METAL PUBLIC share, which came up to THB2.8. Currently, 2S METAL PUBLIC stock is being traded at THB3.3, a fair price that is slightly overvalued by 17.2%. This provides investors with an opportunity to invest in the stock, although there is still some risk involved. Nevertheless, this level of overvaluation is relatively small and provides a good entry point for investors looking to add 2S METAL PUBLIC to their portfolios. More…
Peers
2S Metal PCL focuses on providing quality and reliable steel products, while its competitors strive to gain market share in the competitive steel industry of Thailand.
– PT Gunung Raja Paksi Tbk ($IDX:GGRP)
Gunung Raja Paksi Tbk is an Indonesian energy and infrastructure company. It operates a number of power plants, as well as oil and gas services. The company also provides a variety of services related to energy infrastructure and transportation. As of 2023, Gunung Raja Paksi Tbk has a market capitalization of 5.45T, making it one of the largest companies in the country. Furthermore, its return on equity (ROE) is 6.66%, indicating that the company is making efficient use of its investor’s capital and is generating healthy profits for its shareholders.
– Permsin Steel Works PCL ($SET:PERM)
Permsin Steel Works PCL is a Thai manufacturing company that specializes in steel production. The company has seen a significant increase in market capitalization over the last few years, reaching $728.33 million as of 2023. This can be attributed to the company’s strong financial performance and its ability to remain competitive in the face of changing market conditions. Permsin Steel Works has been able to achieve a return on equity (ROE) of -21.64%, indicating that the company has been able to make effective use of its shareholders’ funds to grow its business. This is an impressive achievement, considering the volatile nature of the steel industry.
– Lohakit Metal PCL ($SET:LHK)
Lohakit Metal PCL is a leading manufacturer of metal and alloy products based in Thailand. It has a diversified portfolio of products ranging from steel, aluminum, zinc and other related alloys. As of 2023, the company has a market capitalization of 1.89 billion USD and Return on Equity of 9.39%. This is a strong indicator of the stability of the company and its ability to generate profits for its shareholders. The company has been able to consistently maintain a high ROE despite its considerable size. This reflects the strong operational and financial management of the company as well as its ability to remain competitive in the market.
Summary
2S METAL PUBLIC is a dividend stock that has been issuing a solid dividend per share of 0.27 THB for the past three years and a corresponding dividend yield of 5.21%. This makes the stock a worthwhile investment consideration for those looking to grow their portfolio through dividend returns. Its past performance suggests consistent and reliable payouts, making it a strong choice for dividend-seeking investors. Analysis of the stock should include an assessment of the company’s financials, outlook and competitive landscape in order to make an informed decision.
