company-logo

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 dateDividend amountDividend typePay date
2024-05-30RM0.03annually
2023-05-29RM0.02annually
2022-06-29RM0.02annually
2021-06-29RM0.02annually
2020-07-29RM0.02annually
2019-09-26RM0.03annually
2018-09-07RM0.03annually
2017-09-08RM0.01annually
2016-10-07RM0.02annually
2015-09-11RM0.04annually
2015-03-27RM0.01annually
2014-10-01RM0.04annually
2014-03-31RM0.01annually
2013-09-23RM0.01annually
2013-03-29RM0.01annually

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

P/E ratio9.81
PEG ratio0.10
P/B ratio0.22
ROE2.27%
Payout ratio207.13%
Current ratio0.42
Quick ratio0.37
Cash Ratio0.10

DRB-HICOM Berhad Dividend FAQ

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