STGT-STA Trade Lower on the Ex-Dividend Date

The share price of Sri Trang Agro-Industry Public Company Limited (STA) and Sri Trang Gloves (Thailand) Public Company Limited (STGT) traded lower on Monday, April 12, 2021, which is the ex-dividend date for both securities.

 

As of 11:23 local time in Thailand, STA dropped ฿1.50/share or 3.21% to ฿45.25/share with a trading value of 488 million baht. The highest price up to this point was ฿46.00/share and the lowest was ฿45.00/share.

The company offered a dividend payment of ฿1.75/share to be paid on April 29, 2021.

 

In the meantime, STGT fell ฿2.00/share or 4.40% to ฿43.50/share with a trading value of 877 million baht. The highest price up to this point was ฿44.25/share and the lowest was ฿43.50/share.

The company offered a dividend payment of ฿2.00/share to be paid on April 28, 2021.

 

Even with the plummet in today’s session, STA remained 73% higher this year, while STGT was 14% higher in 2021.