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ASL Marine Holdings Ltd., an investment holding company, provides marine services in the Singapore, Indonesia, Rest of Asia, Europe, Australia, and internationally. The company operates through Shipbuilding; Shiprepair, Conversion, and Engineering; and Shipchartering segments. It constructs vessels, such as offshore support vessels, dredgers, tugs, barges, and tankers; and provides ship repair and conversion services, including retrofitting and conversion, steel renewal, blasting and painting, electrical and electronic works, and mechanical works for the repair and life extension of various types of vessels. The company also owns, operates, and charters a fleet of vessels consisting of tugs, cargo barges, crane barges, split hopper barges, workboats, grab dredgers, landing crafts, tankers, anchor handling tugs, and anchor handling towing/supply vessels for marine contractors in the marine infrastructure and construction, cargoes and equipment transportation, and land reclamation industries; and provides transportation services. In addition, it offers cutting systems, pumping systems, dragheads, dredge line components, and other components, as well as dredge automation products; and market research and public opinion polling services. Further, the company engages in the provision of agency, handling, and consultancy services; and leasing of intellectual property. ASL Marine Holdings Ltd. owns and operates shipyards in Singapore and Indonesia. As of June 30, 2022, it had a fleet of 229 vessels. ASL Marine Holdings Ltd. was founded in 1974 and is based in Singapore.

ASL Marine Dividend Announcement

• ASL Marine announced a annually dividend of S$0.00 per ordinary share which will be made payable on . Ex dividend date: 2015-11-04
• ASL Marine's trailing twelve-month (TTM) dividend yield is -%

ASL Marine Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-11-04S$0.00annually
2014-10-31S$0.01annually
2013-10-25S$0.02annually
2012-11-01S$0.02annually
2011-11-01S$0.01annually
2010-10-27S$0.03annually
2009-10-28S$0.03annually
2008-10-28S$0.01annually
2007-10-26S$0.00annually
2006-10-26S$0.00annually
2005-10-18S$0.02annually
2004-10-26S$0.01annually

ASL Marine Dividend per year

ASL Marine Dividend growth

ASL Marine Dividend Yield

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

ASL Marine Financial Ratios

P/E ratio10.77
PEG ratio1.07
P/B ratio0.45
ROE4.79%
Payout ratio0.00%
Current ratio0.68
Quick ratio0.58
Cash Ratio0.05

ASL Marine Dividend FAQ

Does ASL Marine stock pay dividends?
ASL Marine does not currently pay dividends to its shareholders.
Has ASL Marine ever paid a dividend?
No, ASL Marine has no a history of paying dividends to its shareholders. ASL Marine is not known for its dividend payments.
Why doesn't ASL Marine pay dividends?
There are several potential reasons why ASL Marine 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 ASL Marine 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 ASL Marine 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 ASL Marine a dividend aristocrat?
ASL Marine 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 ASL Marine a dividend king?
ASL Marine 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 ASL Marine a dividend stock?
No, ASL Marine 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 ASL Marine stocks?
To buy ASL Marine 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 ASL Marine 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.