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CSC Steel Holdings Berhad, an investment holding company, engages in the manufacturing and marketing of steel coils in Malaysia and the Asia Pacific. It offers hot rolled pickled and oiled steel for underbodies, automotive wheels and inner parts, strapping, tubing, and racks; and cold rolled steel products for use in various industries, including automotive, home appliances, drum, pipe, tube, steel furniture, office equipment, etc., as well as base metal for coated steel products. The company also provides hot dipped galvanized steel under the Realzinc brand; pre-painted galvanized steel under the Realcolor brand for use in building materials, such as awning, roofing, cladding, wall panels, etc.; and medium and high carbon steel. In addition, it is involved in holding real properties. The company was formerly known as Ornasteel Holdings Berhad and changed its name to CSC Steel Holdings Berhad in June 2008. CSC Steel Holdings Berhad was incorporated in 2004 and is based in Ayer Keroh, Malaysia.

CSC Steel Berhad Dividend Announcement

• CSC Steel Berhad announced a annually dividend of RM0.09 per ordinary share which will be made payable on . Ex dividend date: 2024-06-20
• CSC Steel Berhad annual dividend for 2024 was RM0.09
• CSC Steel Berhad annual dividend for 2023 was RM0.03
• CSC Steel Berhad's trailing twelve-month (TTM) dividend yield is 7.9%
• CSC Steel Berhad's dividend growth over the last five years (2018-2023) was -21.40% year
• CSC Steel Berhad's dividend growth over the last ten years (2013-2023) was 4.14% year

CSC Steel Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-20RM0.09annually
2023-06-22RM0.03annually
2022-06-23RM0.14annually
2021-06-24RM0.07annually
2020-06-25RM0.07annually
2019-06-27RM0.04annually
2018-07-27RM0.05annually
2018-02-26RM0.05annually
2017-06-28RM0.04annually
2016-06-28RM0.08annually
2015-06-26RM0.03annually
2014-06-26RM0.02annually
2013-06-26RM0.02annually

CSC Steel Berhad Dividend per year

CSC Steel Berhad Dividend growth

CSC Steel Berhad Dividend Yield

CSC Steel Berhad current trailing twelve-month (TTM) dividend yield is 7.9%. Interested in purchasing CSC Steel Berhad stock? Use our calculator to estimate your expected dividend yield:

CSC Steel Berhad Financial Ratios

P/E ratio12.64
PEG ratio2.22
P/B ratio0.50
ROE3.88%
Payout ratio0.00%
Current ratio8.32
Quick ratio4.95
Cash Ratio3.37

CSC Steel Berhad Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy CSC Steel 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.