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Coastal Contracts Bhd, an investment holding company, provides integrated energy infrastructure and marine services and solutions in China, Malaysia, Mexico, Saudi Arabia, and internationally. It operates through three segments: Gas Processing; Vessels Manufacturing and Repairing Services; and Vessels Chartering and Equipment Hire. It provides onshore gas conditioning and jack-up gas compression, vessels transportation, and equipment hiring services. The company also engages in the fabrication and sale of offshore support and marine transportation vessels, as well as provides ship repair and maintenance services. In addition, it is involved in the sub-contract, vessels chartering and towing, marketing, ship delivery, offshore support, bareboat chartering and leasing, sale and purchase, exploration and production projects, tugboat and barge transportation, and property letting and other investment activities, as well as manages and operates offshore vessels. The company was founded in 1976 and is based in Sandakan, Malaysia.

Coastal Contracts Dividend Announcement

• Coastal Contracts announced a semi annually dividend of RM0.01 per ordinary share which will be made payable on 2017-10-03. Ex dividend date: 2017-09-14
• Coastal Contracts's trailing twelve-month (TTM) dividend yield is -%
• Coastal Contracts's payout ratio for the trailing twelve months (TTM) is -1.02%

Coastal Contracts Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-09-14RM0.01semi annually2017-10-03
2017-03-10RM0.01semi annually2017-03-28
2016-09-13RM0.01semi annually
2016-03-10RM0.02semi annually
2015-09-09RM0.02semi annually
2015-03-10RM0.04semi annually
2014-09-05RM0.03semi annually
2014-03-11RM0.03semi annually
2013-09-09RM0.03semi annually
2013-03-11RM0.03semi annually
2012-09-11RM0.03semi annually
2012-03-21RM0.04semi annually
2011-09-08RM0.04semi annually
2011-04-13RM0.06semi annually
2010-08-05RM0.03semi annually
2009-08-06RM0.01semi annually
2008-08-06RM0.01semi annually
2007-08-06RM0.02semi annually
2006-08-09RM0.01semi annually

Coastal Contracts Dividend per year

Coastal Contracts Dividend growth

Coastal Contracts Dividend Yield

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

Coastal Contracts Financial Ratios

P/E ratio-7.76
PEG ratio-0.08
P/B ratio0.49
ROE-6.03%
Payout ratio-1.02%
Current ratio5.70
Quick ratio5.56
Cash Ratio0.72

Coastal Contracts Dividend FAQ

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