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Ancom Nylex Berhad engages in the agricultural and industrial chemicals, public health and hygiene, animal health, polymer, logistics, information technology (IT), and media businesses in Malaysia and internationally. It manufactures, formulates, and markets herbicides, pesticides, fungicides, and insecticides; sealants and adhesives, petroleum based, and industrial chemical products; ethanol, carbon dioxide, phosphoric acids, and wood preservatives; and switchgear and timbers. The company also develops IT systems, such as cloud-based and on-premise software for ERP, CRM, business performance management, anti-money laundering and anti-fraud, cooperative membership and management, and analytics and big data, as well as provides IT related consultancy services. In addition, it provides business process outsourcing, media related, call centre, and digital and cinema advertising services. Further, the company organizes and promotes motor sports; buys, sells, and deals in motors; markets polyurethane and polyvinyl chloride synthetic leather, films and sheets, and geosynthetic products; and manufactures and markets pre-fabricated drains, bulk chemical containers, road barriers, rubbish bins, playground equipment, water tanks, and other custom moldings. Additionally, it offers ship-owning, land transportation, ship-operating, charter hire of tanker, ship management, container haulage, bulk cargo handling, and chemical warehousing and related services; electrical component products; education, training, advisory, management, consulting, pest control, washroom, hygiene and fumigation, and sanitation services; and print newspapers, magazines, books, journals, and literary works, as well as deals on subletting properties; trades in and sells healthcare and animal feed products; and invests in properties. The company was formerly known as Ancom Berhad. Ancom Nylex Berhad was incorporated in 1969 and is headquartered in Petaling Jaya, Malaysia.

Ancom Nylex Berhad Dividend Announcement

• Ancom Nylex Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-10-11
• Ancom Nylex Berhad annual dividend for 2024 was RM0.01
• Ancom Nylex Berhad annual dividend for 2023 was RM0.01
• Ancom Nylex Berhad's trailing twelve-month (TTM) dividend yield is 1.0%
• Ancom Nylex Berhad's payout ratio for the trailing twelve months (TTM) is 3.34%

Ancom Nylex Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-11RM0.01annually
2023-08-10RM0.01annually
2015-01-09RM0.01annually
2010-02-05RM0.01annually
2008-08-13RM0.05annually
2007-08-13RM0.05annually

Ancom Nylex Berhad Dividend per year

Ancom Nylex Berhad Dividend growth

Ancom Nylex Berhad Dividend Yield

Ancom Nylex Berhad current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing Ancom Nylex Berhad stock? Use our calculator to estimate your expected dividend yield:

Ancom Nylex Berhad Financial Ratios

P/E ratio13.18
PEG ratio0.32
P/B ratio1.85
ROE13.81%
Payout ratio3.34%
Current ratio1.36
Quick ratio0.99
Cash Ratio0.16

Ancom Nylex Berhad Dividend FAQ

Does Ancom Nylex Berhad stock pay dividends?
Ancom Nylex Berhad does not currently pay dividends to its shareholders.
Has Ancom Nylex Berhad ever paid a dividend?
No, Ancom Nylex Berhad has no a history of paying dividends to its shareholders. Ancom Nylex Berhad is not known for its dividend payments.
Why doesn't Ancom Nylex Berhad pay dividends?
There are several potential reasons why Ancom Nylex Berhad would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Ancom Nylex Berhad ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Ancom Nylex Berhad has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Ancom Nylex Berhad a dividend aristocrat?
Ancom Nylex Berhad is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ancom Nylex Berhad a dividend king?
Ancom Nylex Berhad is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ancom Nylex Berhad a dividend stock?
No, Ancom Nylex Berhad is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Ancom Nylex Berhad stocks?
To buy Ancom Nylex Berhad you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Ancom Nylex Berhad stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.