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Beng Soon Machinery Holdings Limited provides demolition services to public and private sector clients in Singapore. The company undertakes demolition works of industrial buildings, power stations, chemical plants, high rise commercial and residential properties, educational institutions, bridges and marine structures, public roads, and infrastructures. It also engages in the sale of inventories and leasing of machinery; trades in minerals and ore; and sells goods through online marketing platform. The company was founded in 1979 and is headquartered in Singapore.

Beng Soon Machinery Dividend Announcement

Beng Soon Machinery does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Beng Soon Machinery dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Beng Soon Machinery Dividend History

Beng Soon Machinery Dividend Yield

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

Beng Soon Machinery Financial Ratios

P/E ratio17.10
PEG ratio1.01
P/B ratio0.68
ROE3.93%
Payout ratio0.00%
Current ratio9.31
Quick ratio8.75
Cash Ratio2.36

Beng Soon Machinery Dividend FAQ

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