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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 7.99%
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 dateDividend amountDividend typePay date
2024-04-08RM0.23annually
2023-04-06RM0.21annually
2022-04-07RM0.20annually
2021-04-02RM0.14annually
2020-04-02RM0.11annually
2019-04-03RM0.10annually
2018-04-03RM0.08annually
2017-03-29RM0.06annually
2016-03-29RM0.07annually
2015-03-27RM0.03annually
2014-03-21RM0.06annually
2013-03-26RM0.06annually

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 7.99%. Interested in purchasing Formosa Prosonic Industries Berhad stock? Use our calculator to estimate your expected dividend yield:

Formosa Prosonic Industries Berhad Financial Ratios

P/E ratio5.55
PEG ratio0.72
P/B ratio1.37
ROE24.63%
Payout ratio0.00%
Current ratio3.54
Quick ratio3.24
Cash Ratio1.00

Formosa Prosonic Industries Berhad Dividend FAQ

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