Hengyuan Refining Company Berhad refines, manufactures, and sells petroleum products in Malaysia. Its petroleum products include liquefied petroleum gas; petrol; jet fuel; diesel; fuel oil components; sulphur; and chemical feedstock, such as light naphtha and propylene. The company was formerly known as Shell Refining Company (Federation of Malaya) Berhad and changed its name to Hengyuan Refining Company Berhad in March 2017. The company was incorporated in 1960 and is based in Port Dickson, Malaysia. Hengyuan Refining Company Berhad is a subsidiary of Malaysia Hengyuan International Limited.
Hengyuan Refining Berhad Dividend Announcement
• Hengyuan Refining Berhad announced a annually dividend of RM0.10 per ordinary share which will be made payable on . Ex dividend date: 2022-09-30
• Hengyuan Refining Berhad's trailing twelve-month (TTM) dividend yield is -%
Hengyuan Refining Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-09-30 | RM0.10 | annually | |
| 2021-03-22 | RM0.04 | annually | |
| 2018-03-16 | RM0.02 | annually | |
| 2013-04-30 | RM0.15 | annually | |
| 2012-10-03 | RM0.05 | annually | |
| 2012-04-30 | RM0.20 | annually | |
| 2011-09-06 | RM0.20 | annually | |
| 2011-06-06 | RM0.30 | annually | |
| 2010-09-06 | RM0.20 | annually | |
| 2010-06-07 | RM0.30 | annually | |
| 2009-09-23 | RM0.20 | annually | |
| 2009-06-02 | RM0.30 | annually | |
| 2008-09-03 | RM0.20 | annually | |
| 2008-06-04 | RM0.30 | annually | |
| 2008-03-10 | RM0.20 | annually | |
| 2007-09-03 | RM0.20 | annually | |
| 2007-05-24 | RM0.38 | annually | |
| 2006-09-11 | RM0.20 | annually | |
| 2006-06-05 | RM0.20 | annually | |
| 2006-05-24 | RM0.38 | annually | |
| 2006-03-29 | RM0.20 | annually | |
| 2005-12-14 | RM0.20 | annually | |
| 2005-09-19 | RM0.12 | annually | |
| 2005-06-07 | RM0.10 | annually | |
| 2005-05-25 | RM0.35 | annually |
Hengyuan Refining Berhad Dividend per year
Hengyuan Refining Berhad Dividend growth
Hengyuan Refining Berhad Dividend Yield
Hengyuan Refining Berhad current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hengyuan Refining Berhad stock? Use our calculator to estimate your expected dividend yield:
Hengyuan Refining Berhad Financial Ratios
P/E ratio-1.59
PEG ratio-0.02
P/B ratio0.57
ROE-33.92%
Payout ratio0.00%
Current ratio0.89
Quick ratio0.46
Cash Ratio0.11
Hengyuan Refining Berhad Dividend FAQ
Does Hengyuan Refining Berhad stock pay dividends?
Hengyuan Refining Berhad does not currently pay dividends to its shareholders.
Has Hengyuan Refining Berhad ever paid a dividend?
No, Hengyuan Refining Berhad has no a history of paying dividends to its shareholders. Hengyuan Refining Berhad is not known for its dividend payments.
Why doesn't Hengyuan Refining Berhad pay dividends?
There are several potential reasons why Hengyuan Refining 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.
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 Hengyuan Refining 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 Hengyuan Refining 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 Hengyuan Refining Berhad a dividend aristocrat?
Hengyuan Refining 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 Hengyuan Refining Berhad a dividend king?
Hengyuan Refining 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 Hengyuan Refining Berhad a dividend stock?
No, Hengyuan Refining 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 Hengyuan Refining Berhad stocks?
To buy Hengyuan Refining 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 Hengyuan Refining 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hengyuan Refining 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.