PT Citra Nusantara Gemilang Tbk, an energy company, engages in the trading and distribution of natural gas in the form of compressed natural gas to the industrial, retail, and transportation sectors in Indonesia. The company also trades in gas equipment. It offers its products under the GASRA brand. The company was founded in 2005 and is headquartered in Bekasi, Indonesia.
Citra Nusantara Gemilang Dividend Announcement
• Citra Nusantara Gemilang announced a annually dividend of Rp1.25 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-07
• Citra Nusantara Gemilang annual dividend for 2024 was Rp1.25
• Citra Nusantara Gemilang's trailing twelve-month (TTM) dividend yield is 1.21%
Citra Nusantara Gemilang Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-07 | Rp1.25 | annually | 2024-06-28 |
Citra Nusantara Gemilang Dividend per year
Citra Nusantara Gemilang Dividend Yield
Citra Nusantara Gemilang current trailing twelve-month (TTM) dividend yield is 1.21%. Interested in purchasing Citra Nusantara Gemilang stock? Use our calculator to estimate your expected dividend yield:
Citra Nusantara Gemilang Financial Ratios
P/E ratio24.34
PEG ratio0.24
P/B ratio0.73
ROE3.71%
Payout ratio0.00%
Current ratio4.01
Quick ratio3.87
Cash Ratio1.51
Citra Nusantara Gemilang Dividend FAQ
Does Citra Nusantara Gemilang stock pay dividends?
Citra Nusantara Gemilang does not currently pay dividends to its shareholders.
Has Citra Nusantara Gemilang ever paid a dividend?
No, Citra Nusantara Gemilang has no a history of paying dividends to its shareholders. Citra Nusantara Gemilang is not known for its dividend payments.
Why doesn't Citra Nusantara Gemilang pay dividends?
There are several potential reasons why Citra Nusantara Gemilang 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.
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 Citra Nusantara Gemilang 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 Citra Nusantara Gemilang 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 Citra Nusantara Gemilang a dividend aristocrat?
Citra Nusantara Gemilang 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 Citra Nusantara Gemilang a dividend king?
Citra Nusantara Gemilang 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 Citra Nusantara Gemilang a dividend stock?
No, Citra Nusantara Gemilang 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 Citra Nusantara Gemilang stocks?
To buy Citra Nusantara Gemilang 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 Citra Nusantara Gemilang 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 Citra Nusantara Gemilang 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.