First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, and internationally. The company operates in two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is involved in cultivating and maintaining oil palms; harvesting and milling fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK) products; and processing CPO and PK into value palm based products, such as biodiesel, palm kernel oil, and palm kernel expeller, as well as refined, bleached, and deodorized (RBD) olein, and RBD stearin. In addition, the company engages in the rubber plantation activities. It manages 212,208 hectares of oil palm plantations; and 6,321 hectares of rubber plantations. The company was founded in 1992 and is based in Singapore. First Resources Limited is a subsidiary of Eight Capital Inc.
First Resources Dividend Announcement
• First Resources announced a semi annually dividend of $0.04 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-28
• First Resources annual dividend for 2024 was $0.07
• First Resources annual dividend for 2023 was $0.14
• First Resources's trailing twelve-month (TTM) dividend yield is 6.26%
• First Resources's payout ratio for the trailing twelve months (TTM) is 40.17%
First Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | $0.04 | semi annually | 2024-09-12 |
2024-05-08 | $0.04 | semi annually | |
2023-08-30 | $0.03 | semi annually | 2023-09-07 |
2023-05-08 | $0.12 | semi annually | 2023-05-15 |
2022-08-31 | $0.03 | semi annually | 2022-09-08 |
2022-05-09 | $0.05 | semi annually | 2022-05-19 |
2021-09-01 | $0.01 | semi annually | 2021-09-09 |
2021-05-07 | $0.02 | semi annually | 2021-05-18 |
2020-09-02 | $0.01 | semi annually | 2020-06-18 |
2019-09-04 | $0.01 | semi annually | 2019-05-16 |
First Resources Dividend per year
First Resources Dividend growth
First Resources Dividend Yield
First Resources current trailing twelve-month (TTM) dividend yield is 6.26%. Interested in purchasing First Resources stock? Use our calculator to estimate your expected dividend yield:
First Resources Financial Ratios
First Resources Dividend FAQ
Other factors to consider when evaluating First Resources 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: First Resources'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, First Resources 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, First Resources 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 First Resources 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: First Resources 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, First Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Resources 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 First Resources'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 First Resources'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.