Formosa Prosonic Industries Berhad, together with its subsidiaries, designs, manufactures, and markets speaker system products in Malaysia. The company offers wireless speakers; conventional speaker products, including home audio, home theatre audio, speaker unit, and plastic injection products, as well as custom installation services; and musical instruments, such as pianos, guitar amplifiers, and drums. It also provides original equipment manufacturing and original design manufacturing services for woodworking, plastic injection, driver units, and PCB assembly and finished-products assembly, as well as speaker driver units. The company was incorporated in 1988 and is headquartered in Port Klang, Malaysia.
Formosa Prosonic Industries Berhad Dividend Announcement
• Formosa Prosonic Industries Berhad announced a annually dividend of RM0.23 per ordinary share which will be made payable on . Ex dividend date: 2024-04-08
• Formosa Prosonic Industries Berhad annual dividend for 2024 was RM0.23
• Formosa Prosonic Industries Berhad annual dividend for 2023 was RM0.21
• Formosa Prosonic Industries Berhad's trailing twelve-month (TTM) dividend yield is 8.46%
• Formosa Prosonic Industries Berhad's dividend growth over the last five years (2018-2023) was 21.29% year
• Formosa Prosonic Industries Berhad's dividend growth over the last ten years (2013-2023) was 13.35% year
Formosa Prosonic Industries Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-08 | RM0.23 | annually | |
2023-04-06 | RM0.21 | annually | |
2022-04-07 | RM0.20 | annually | |
2021-04-02 | RM0.14 | annually | |
2020-04-02 | RM0.11 | annually | |
2019-04-03 | RM0.10 | annually | |
2018-04-03 | RM0.08 | annually | |
2017-03-29 | RM0.06 | annually | |
2016-03-29 | RM0.07 | annually | |
2015-03-27 | RM0.03 | annually | |
2014-03-21 | RM0.06 | annually | |
2013-03-26 | RM0.06 | annually |
Formosa Prosonic Industries Berhad Dividend per year
Formosa Prosonic Industries Berhad Dividend growth
Formosa Prosonic Industries Berhad Dividend Yield
Formosa Prosonic Industries Berhad current trailing twelve-month (TTM) dividend yield is 8.46%. Interested in purchasing Formosa Prosonic Industries Berhad stock? Use our calculator to estimate your expected dividend yield:
Formosa Prosonic Industries Berhad Financial Ratios
Formosa Prosonic Industries 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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