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Techno Medical PCL (BKK:TM) Forward Dividend Yield % : 1.74% (As of May. 20, 2024)


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What is Techno Medical PCL Forward Dividend Yield %?

As of today (2024-05-20), the Forward Annual Dividend Yield of Techno Medical PCL is 1.74%.

As of today (2024-05-20), the Trailing Annual Dividend Yield of Techno Medical PCL is 1.74%.

BKK:TM's Forward Dividend Yield % is ranked worse than
69.35% of 62 companies
in the Medical Distribution industry
Industry Median: 2.63 vs BKK:TM: 1.74

Techno Medical PCL's Dividends per Share for the three months ended in Mar. 2024 was ฿0.00.

During the past 12 months, Techno Medical PCL's average Dividends Per Share Growth Rate was -41.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -27.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.40% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Techno Medical PCL was 196.20% per year. The lowest was -27.30% per year. And the median was 1.50% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Techno Medical PCL's Forward Dividend Yield %

For the Medical Distribution subindustry, Techno Medical PCL's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Techno Medical PCL's Forward Dividend Yield % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Techno Medical PCL's Forward Dividend Yield % falls into.



Techno Medical PCL Forward Dividend Yield % Calculation

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

Techno Medical PCL Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
THB 0.0330002024-04-252024-04-262024-05-15Cash DividendannuallyTHB: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.

Techno Medical PCL's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.033/1.90
=1.74 %

Current Share Price is ฿1.90.
Techno Medical PCL's Dividends per Share for the forward twelve months is calculated as ฿0.033 * 1 = ฿0.033.

Techno Medical PCL's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.033/1.90
=1.74 %

Current Share Price is ฿1.90.
Techno Medical PCL's Dividends per Share for the trailing twelve months (TTM) ended in Today is ฿0.033.

* 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.


Techno Medical PCL  (BKK:TM) Forward 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.


Techno Medical PCL Forward Dividend Yield % Related Terms

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Techno Medical PCL (BKK:TM) Business Description

Traded in Other Exchanges
N/A
Address
29 Soi Latphrao 92, Phlap Phla sub-district, Wang Thong Lang district, Bangkok, THA, 10310
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies and Medical Equipment and Instrument. Substantial revenue is derived from Disposable Equipment and Supplies segment.