Dayang Enterprise Holdings Bhd, an investment holding company, provides offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services to the oil and gas companies in Malaysia. It operates in two segments, Topside Maintenance Services and Marine Offshore Support Services. The company is involved in the maintenance of topside structures, pipes, and valves; and onshore fabrication of products, such as pipe and valve systems, and skids, as well as other steel structures comprising handrails and helideck extensions. It also provides electrical and instrumentation hook-up and commissioning services, including electrical engineering, system design, equipment and system procurement, wiring, panel installation and wiring, and testing and commissioning services. In addition, the company engages in the chartering of marine vessels, including offshore accommodation; equipment rental; catering; management services; and provision of supporting products and services. The company was founded in 1980 and is headquartered in Miri, Malaysia.
Dayang Enterprise Dividend Announcement
• Dayang Enterprise announced a semi annually dividend of RM0.03 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-05
• Dayang Enterprise annual dividend for 2024 was RM0.06
• Dayang Enterprise annual dividend for 2023 was RM0.03
• Dayang Enterprise's trailing twelve-month (TTM) dividend yield is 3.47%
• Dayang Enterprise's payout ratio for the trailing twelve months (TTM) is 22.37%
Dayang Enterprise Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | RM0.03 | semi annually | 2024-09-18 |
2024-03-11 | RM0.03 | semi annually | 2024-03-22 |
2023-12-07 | RM0.01 | semi annually | 2023-12-20 |
2023-03-02 | RM0.01 | semi annually | 2023-03-17 |
2022-12-05 | RM0.01 | semi annually | 2022-12-14 |
2021-11-25 | RM0.01 | semi annually | 2021-12-10 |
2015-03-16 | RM0.03 | semi annually | |
2014-09-10 | RM0.03 | semi annually | |
2014-03-13 | RM0.03 | semi annually | |
2013-09-11 | RM0.05 | semi annually | |
2013-03-15 | RM0.05 | semi annually | |
2012-09-12 | RM0.05 | semi annually | |
2012-03-13 | RM0.05 | semi annually | |
2011-09-13 | RM0.05 | semi annually | |
2011-06-08 | RM0.05 | semi annually | |
2010-09-14 | RM0.04 | semi annually | |
2009-11-25 | RM0.04 | semi annually | |
2009-03-13 | RM0.06 | semi annually | |
2008-08-15 | RM0.06 | semi annually |
Dayang Enterprise Dividend per year
Dayang Enterprise Dividend growth
Dayang Enterprise Dividend Yield
Dayang Enterprise current trailing twelve-month (TTM) dividend yield is 3.47%. Interested in purchasing Dayang Enterprise stock? Use our calculator to estimate your expected dividend yield:
Dayang Enterprise Financial Ratios
Dayang Enterprise Dividend FAQ
Other factors to consider when evaluating Dayang Enterprise 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: Dayang Enterprise'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, Dayang Enterprise 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, Dayang Enterprise 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 Dayang Enterprise 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: Dayang Enterprise 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, Dayang Enterprise distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dayang Enterprise 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 Dayang Enterprise'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 Dayang Enterprise'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.