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PT Chemstar Indonesia Tbk engages in manufacturing and trading of chemicals for the textile and other industries in Indonesia and internationally. The company offers DEMULGEN RA-AC, an acid reduction clearing agent for disperse dyes; ESKA FINISH FN-GRM, a weight enhancer agent for cotton and polyester knitted; ESKALET DA-APC, a chelating and dispersing agent; ESKA PLUS DN-SR, a sodium alkali for the fixation of reactive dyes in exhaust dyeing; ESKA SOFT SN-HWA, a micro emulsion silicone type softening agent for natural fiber; and ESKA FIX FC-DR, a fixing agent for direct or reactive dyes to improve fastness of the dyed or printed material made from cellulose fiber and their blended. It offers dyes and chemicals for spinning, sizing, weaving, knitting, pre-treatment, dyeing, printing, finishing, and coating process. The company was founded in 2004 and is based in Purwakarta, Indonesia. PT Chemstar Indonesia Tbk operates as a subsidiary of PT Tunas Bahtera.

Chemstar Indonesia Dividend Announcement

Chemstar Indonesia announced a annually dividend of Rp0.13 per ordinary share which will be made payable on 2024-07-05. Ex dividend date: 2024-06-14
Chemstar Indonesia annual dividend for 2024 was Rp0.13
Chemstar Indonesia annual dividend for 2023 was Rp1.21
Chemstar Indonesia's trailing twelve-month (TTM) dividend yield is 0.19%
Chemstar Indonesia's payout ratio for the trailing twelve months (TTM) is 1.51%

Chemstar Indonesia Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14Rp0.13annually2024-07-05
2023-06-09Rp1.21annually2023-06-27

Chemstar Indonesia Dividend per year

Chemstar Indonesia Dividend Yield

Chemstar Indonesia current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Chemstar Indonesia stock? Use our calculator to estimate your expected dividend yield:

Chemstar Indonesia Financial Ratios

P/E ratio27.22
PEG ratio-0.52
P/B ratio1.00
ROE3.75%
Payout ratio1.51%
Current ratio3.04
Quick ratio1.96
Cash Ratio0.23

Chemstar Indonesia Dividend FAQ

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