Table of Contents

company-logo

Dancomech Holdings Berhad, an investment holding company, trades in and distributes process control equipment, measurement instruments, and industrial pumps in Malaysia, Indonesia, and internationally. The company operates through Pump Manufacturing, Trading, MHS Solutions, Metal Stamping, E&E Engineering, and Others segments. It offers process control equipment, such as valves, switches, actuators, bursting discs/explosion protection devices, expansion joints, float/steam traps, etc.; and measurement instruments, including gauges, recorders, pressure transmitters, sight glasses, etc. The company also produces and sells metal stamping parts and components; designs and manufactures tools and dies; manufactures and trades in industrial pumps; and provides material handling system solutions. In addition, it provides electrical, electronic, instrumentation engineering, contracting, and commissioning and services; and electrical vehicle supply equipment for home, public, and commercial segments. The company primarily serves the palm oil and oleochemical, oil and gas, water and wastewater, and general and other industries. Dancomech Holdings Berhad was founded in 1989 and is headquartered in Shah Alam, Malaysia.

Dancomech Berhad Dividend Announcement

• Dancomech Berhad announced a semi annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-09-05
• Dancomech Berhad annual dividend for 2024 was RM0.02
• Dancomech Berhad annual dividend for 2023 was RM0.02
• Dancomech Berhad's trailing twelve-month (TTM) dividend yield is 5.29%
• Dancomech Berhad's payout ratio for the trailing twelve months (TTM) is 15.77%
• Dancomech Berhad's dividend growth over the last five years (2018-2023) was 5.92% year

Dancomech Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-05RM0.01semi annually
2024-03-19RM0.01semi annually
2023-09-08RM0.01semi annually
2023-03-16RM0.01semi annually
2022-09-08RM0.01semi annually
2022-03-17RM0.01semi annually
2021-09-21RM0.01semi annually
2021-03-19RM0.01semi annually
2020-09-07RM0.01semi annually
2020-03-13RM0.01semi annually
2019-09-04RM0.01semi annually
2019-06-07RM0.01semi annually
2018-09-18RM0.01semi annually
2018-04-26RM0.01semi annually
2017-09-05RM0.01semi annually
2017-05-03RM0.01semi annually
2016-12-07RM0.01semi annually

Dancomech Berhad Dividend per year

Dancomech Berhad Dividend growth

Dancomech Berhad Dividend Yield

Dancomech Berhad current trailing twelve-month (TTM) dividend yield is 5.29%. Interested in purchasing Dancomech Berhad stock? Use our calculator to estimate your expected dividend yield:

Dancomech Berhad Financial Ratios

P/E ratio8.94
PEG ratio1.01
P/B ratio0.86
ROE9.79%
Payout ratio15.77%
Current ratio5.34
Quick ratio4.01
Cash Ratio2.65

Dancomech Berhad Dividend FAQ

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