DRB-HICOM Berhad manufactures, assembles, distributes, imports, exports, rents, leases, retails, and sells passenger and commercial vehicles, motorcycles, defense vehicles, and related spare parts and accessories. The company also maintains, markets, refurbishes or retrofits military and commercial vehicles, equipment, and spare parts; builds, constructs, develops, leases, rents, manages, and invests in properties; constructs, operates, and maintains infrastructure and broadcast systems; and manages billboards. In addition, it manufactures and supplies stamped metal parts, sub-assembly of automotive components, aerospace and non-aerospace components, aircraft avionics, mission systems equipment, unmanned aircraft systems, dies, molds, jigs, stamping products, front end modules and related components, and automotive electrical and electronics components. Further, the company offers logistics, vehicle pre-delivery inspection, higher education and vocational training, Islamic banking and related financial, postal, project management, thermo plastic and setting products, wireless telecommunications, composites laboratory testing, asset management, Islamic pawn broking, printing and document insertion, airport ground handling, in-flight catering, warehousing, cargo handling, supply chain management, and licensed digital certification authority services. Additionally, it provides consultation and agent marketing, air cargo transportation, inventory, freight and forwarding, shipping and transport, shipping agency and chartering, insurance agency, park distribution, car rental, and management services, as well as aircraft composites repair, engineering, and maintenance; aircraft maintenance, engineering, and leasing services; and air courier and motorcycle contract manufacturing services. The company was incorporated in 1990 and is headquartered in Shah Alam, Malaysia. DRB-HICOM Berhad is a subsidiary of Etika Strategi Sdn. Bhd.
DRB-HICOM Berhad Dividend Announcement
• DRB-HICOM Berhad announced a annually dividend of RM0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-05-30
• DRB-HICOM Berhad annual dividend for 2024 was RM0.03
• DRB-HICOM Berhad annual dividend for 2023 was RM0.02
• DRB-HICOM Berhad's trailing twelve-month (TTM) dividend yield is 2.38%
• DRB-HICOM Berhad's payout ratio for the trailing twelve months (TTM) is 207.13%
• DRB-HICOM Berhad's dividend growth over the last five years (2018-2023) was -7.79% year
DRB-HICOM Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | RM0.03 | annually | |
2023-05-29 | RM0.02 | annually | |
2022-06-29 | RM0.02 | annually | |
2021-06-29 | RM0.02 | annually | |
2020-07-29 | RM0.02 | annually | |
2019-09-26 | RM0.03 | annually | |
2018-09-07 | RM0.03 | annually | |
2017-09-08 | RM0.01 | annually | |
2016-10-07 | RM0.02 | annually | |
2015-09-11 | RM0.04 | annually | |
2015-03-27 | RM0.01 | annually | |
2014-10-01 | RM0.04 | annually | |
2014-03-31 | RM0.01 | annually | |
2013-09-23 | RM0.01 | annually | |
2013-03-29 | RM0.01 | annually |
DRB-HICOM Berhad Dividend per year
DRB-HICOM Berhad Dividend growth
DRB-HICOM Berhad Dividend Yield
DRB-HICOM Berhad current trailing twelve-month (TTM) dividend yield is 2.38%. Interested in purchasing DRB-HICOM Berhad stock? Use our calculator to estimate your expected dividend yield:
DRB-HICOM Berhad Financial Ratios
DRB-HICOM Berhad Dividend FAQ
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.
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