Dagang NeXchange Berhad, an investment holding company, engages in information technology (IT) and eServices, and energy businesses in Malaysia. The company is involved in the development, management, and provision of business to government (B2G) e-commerce and computerized transaction in trade facilitation services; research and development, designing, manufacturing, and trading of radio-frequency technology; and provision of services for infrastructure works for telecommunication industry. It also engages in the business of online marketing and e-market place; trading of various types of drinking water and beverages; provision of technical consultancy, implementation, training, maintenance, and technical support service to eBusiness; and operation of business to business (B2B) eCommerce portal. In addition, the company offers consultancy and advisory in computer hardware, software, peripherals, and other IT based products; IT project management, maintenance and asset management, IT solutions, cyber security, and managed services. Further, it supplies hardware equipment, software, and peripherals; explores for and produces oil and gas; designs, develops, constructs, operates, and maintains power plants; provides oilfield services, as well as engineering and technical support services for the oil and gas industry; and sells oil and gas related equipment. The company was formerly known as TIME Engineering Berhad and changed its name to Dagang NeXchange Berhad in May 2014. Dagang NeXchange Berhad was incorporated in 1970 and is based in Kuala Lumpur, Malaysia.
Dagang NeXchange Berhad Dividend Announcement
• Dagang NeXchange Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on 2022-04-20. Ex dividend date: 2022-04-07
• Dagang NeXchange Berhad's trailing twelve-month (TTM) dividend yield is -%
• Dagang NeXchange Berhad's payout ratio for the trailing twelve months (TTM) is 0.42%
Dagang NeXchange Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-04-07 | RM0.01 | annually | 2022-04-20 |
2019-07-09 | RM0.01 | annually | 2019-07-31 |
2017-09-07 | RM0.01 | annually | 2017-10-02 |
2017-01-26 | RM0.01 | annually | 2017-02-28 |
2016-05-26 | RM0.01 | annually | |
2013-06-18 | RM0.04 | annually | |
2012-04-30 | RM0.04 | annually | |
2012-01-13 | RM0.03 | annually | |
2011-06-03 | RM0.01 | annually | |
2010-06-18 | RM0.01 | annually |
Dagang NeXchange Berhad Dividend per year
Dagang NeXchange Berhad Dividend growth
Dagang NeXchange Berhad Dividend Yield
Dagang NeXchange Berhad current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dagang NeXchange Berhad stock? Use our calculator to estimate your expected dividend yield:
Dagang NeXchange Berhad Financial Ratios
Dagang NeXchange Berhad Dividend FAQ
Other factors to consider when evaluating Dagang NeXchange 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.
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1. Determination of Dividend: Dagang NeXchange 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, Dagang NeXchange 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, Dagang NeXchange 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 Dagang NeXchange 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. Record Date: Dagang NeXchange 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, Dagang NeXchange 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: Dagang NeXchange 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.
To assess the safety of Dagang NeXchange 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 Dagang NeXchange 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.