Carimin Petroleum Berhad, an investment holding company, provides technical and engineering support services for upstream oil and gas companies in Malaysia. It operates through five segments: Manpower Services; Construction, Offshore Hook Up and Commissioning and Topside Major Maintenance; Marine Services; Civil Construction; and Others. The company offers offshore hook up and commissioning on production platforms comprising final installation, testing, and commissioning of the facilities' structures machinery and equipment; marine spread charter and maintenance, offshore transportation, and support vessel services; engineering procurement, fabrication, and construction of marine structures, as well as other oil and gas amenities, such as electrical and instrumentation of offshore facilities; personnel services; maintenance and repair works for oil and gas projects; and geophysical services. In addition, it supplies, rents, and maintains industry equipment, such as engineering work barges, work boats, and construction equipment; manages fabrication yards; charters offshore support vessels; and trades in geosynthetic products. Further, the company provides general contracting work and topside major maintenance; subsea underwater inspections, repairs, and maintenance; engineering consultancy and technical support; quality assurance and integrated inspection; retrofit, rejuvenation, and maintenance; piping and associated works; and installation and support services. Additionally, it offers asset and yard management, management of project equipment materials receiving, and equipment inspection and maintenance; corporate affairs, human capital management, finance and accounting support, invoicing and cost control management, supply chain management, and business development; civil contracting and geotechnical engineering; and project and management, and consultancy services. Carimin Petroleum Berhad was founded in 1989 and is headquartered in Kuala Lumpur, Malaysia.
Carimin Petroleum Berhad Dividend Announcement
• Carimin Petroleum Berhad announced a semi annually dividend of RM0.01 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-06
• Carimin Petroleum Berhad annual dividend for 2024 was RM0.04
• Carimin Petroleum Berhad annual dividend for 2023 was RM0.02
• Carimin Petroleum Berhad's trailing twelve-month (TTM) dividend yield is 4.02%
• Carimin Petroleum Berhad's payout ratio for the trailing twelve months (TTM) is 20.17%
Carimin Petroleum Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | RM0.01 | semi annually | 2024-10-01 |
| 2024-06-13 | RM0.02 | semi annually | 2024-07-01 |
| 2023-09-05 | RM0.02 | semi annually | 2023-10-04 |
| 2021-11-03 | RM0.05 | semi annually | 2021-11-17 |
| 2021-09-28 | RM0.01 | semi annually | 2021-10-28 |
| 2020-12-11 | RM0.01 | semi annually | 2021-01-12 |
| 2020-03-05 | RM0.01 | semi annually | 2020-04-03 |
| 2019-09-17 | RM0.02 | semi annually | 2019-10-17 |
| 2019-06-17 | RM0.01 | semi annually | 2019-06-28 |
| 2015-03-04 | RM0.01 | semi annually |
Carimin Petroleum Berhad Dividend per year
Carimin Petroleum Berhad Dividend growth
Carimin Petroleum Berhad Dividend Yield
Carimin Petroleum Berhad current trailing twelve-month (TTM) dividend yield is 4.02%. Interested in purchasing Carimin Petroleum Berhad stock? Use our calculator to estimate your expected dividend yield:
Carimin Petroleum Berhad Financial Ratios
P/E ratio4.39
PEG ratio1.14
P/B ratio0.89
ROE21.91%
Payout ratio20.17%
Current ratio1.92
Quick ratio1.92
Cash Ratio0.27
Carimin Petroleum Berhad Dividend FAQ
How much is the next Carimin Petroleum Berhad dividend?
Carimin Petroleum Berhad's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Carimin Petroleum Berhad dividend. The next Carimin Petroleum Berhad dividend will be released in September.
When is Carimin Petroleum Berhad dividend paid?
Carimin Petroleum Berhad pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Carimin Petroleum Berhad pay?
The specific amount of Carimin Petroleum Berhad dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Carimin Petroleum Berhad's dividend history.
Does Carimin Petroleum Berhad stock pay dividends?
Yes, Carimin Petroleum Berhad does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Carimin Petroleum Berhad's dividend history.
How much dividend does Carimin Petroleum Berhad pay?
Carimin Petroleum Berhad paid RM0.035 in 2024, RM0.02 in 2023, RM0.0 in 2022, RM0.055 in 2021, and RM0.017 in 2020.
How often does Carimin Petroleum Berhad pay dividends?
Carimin Petroleum Berhad typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around September.
What is Carimin Petroleum Berhad's dividend yield?
The current dividend yield for Carimin Petroleum Berhad is 4.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Carimin Petroleum Berhad's exact dividend yield.
When does Carimin Petroleum Berhad go ex dividend?
Carimin Petroleum Berhad's ex-dividend date for the latest dividend was on 2024-09-06. Carimin Petroleum Berhad typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Carimin Petroleum Berhad dividend paid?
Carimin Petroleum Berhad pays dividends on a semi annually basis, typically around September, but the exact dates can vary each year.
Will Carimin Petroleum Berhad increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Carimin Petroleum Berhad will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Carimin Petroleum Berhad dividend per share?
Carimin Petroleum Berhad paid RM0.035 per share in 2024 and RM0.02 per share in 2023. The amount of dividend per share that Carimin Petroleum Berhad pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Carimin Petroleum Berhad a dividend aristocrat?
No, 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 Carimin Petroleum Berhad a dividend king?
No, 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 Carimin Petroleum Berhad a dividend stock?
Yes, Carimin Petroleum Berhad is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Carimin Petroleum Berhad a good dividend stock?
Whether Carimin Petroleum Berhad is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Carimin Petroleum Berhad has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Carimin Petroleum Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Carimin Petroleum Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Carimin Petroleum Berhad pay dividends monthly?
Carimin Petroleum Berhad typically pays dividends on a semi annually basis.
Does Carimin Petroleum Berhad pay dividends quarterly?
Carimin Petroleum Berhad currently pays dividends on a semi annually basis.
Has Carimin Petroleum Berhad ever paid a dividend?
Yes, Carimin Petroleum Berhad has a history of paying dividends to its shareholders. Carimin Petroleum Berhad is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Carimin Petroleum Berhad dividend stocks?
To buy Carimin Petroleum 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Carimin Petroleum 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.
Place an order: Use the brokerage's trading platform to place an order to buy Carimin Petroleum 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.
When does Carimin Petroleum Berhad pay dividends 2024?
Carimin Petroleum Berhad pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Carimin Petroleum Berhad increase its dividend in 2024?
Decisions regarding Carimin Petroleum Berhad dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Carimin Petroleum Berhad dividend overview you can look into the above table of dividend history.
How Carimin Petroleum Berhad dividend works?
The Carimin Petroleum Berhad dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Carimin Petroleum Berhad's dividend process works:
1. Determination of Dividend: Carimin Petroleum Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Carimin Petroleum Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Carimin Petroleum Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Carimin Petroleum Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Carimin Petroleum Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Carimin Petroleum Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Carimin Petroleum Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Carimin Petroleum Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Carimin Petroleum Berhad dividends paid?
Carimin Petroleum Berhad dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Carimin Petroleum Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Carimin Petroleum Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Carimin Petroleum Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Carimin Petroleum Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Carimin Petroleum Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Carimin Petroleum Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Carimin Petroleum Berhad pay dividends?
Carimin Petroleum Berhad typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Carimin Petroleum Berhad pay dividends?
The general pattern is that Carimin Petroleum Berhad pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Carimin Petroleum Berhad dividend safe?
The safety of Carimin Petroleum Berhad's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Carimin Petroleum Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Carimin Petroleum Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Carimin Petroleum Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Carimin Petroleum Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.