Hextar Industries Berhad, an investment holding company, engages in the manufacturing, trading, distribution, and wholesale of fertilizers in Malaysia. The company operates through three segments: Fertilizer, Heavy Equipment, and Equipment Rental. The Fertilizer segment is involved in the manufacture, formulation, distribution, and trading of straight, bulk blend and mixture, and compound fertilizers; and provision of crop management solutions and services, agronomic advisory and consultation services, and bulk blending and mixing of various formulations. The Heavy Equipment segment manufactures, distributes, and supplies quarry crusher screens; supplies and distributes machinery, such as vertical-shaft impact crushers, mobile crushers, crawler drills, breakers, rippers, and other products. The segment also provides spare parts, conveyor belt systems, drills bits and buttons, and related industrial products to quarry industry. The Equipment Rental segment trades in forklifts and accessories; and provides rental for air conditioning and cooling systems, power generating equipment, display and exhibition furniture, and tent for events. The segment also supplies industrial batteries for use in the construction of data centres, telecommunications infrastructure, and solar power plants. It also provides management services; supplies and distributes quarry machinery, and quarry equipment and reconditioned quarry machinery, as well as spare parts; and manufactures, distributes, and supplies quarry grills. The company was formerly known as SCH Group Berhad and changed its name to Hextar Industries Berhad in March 2021. Hextar Industries Berhad was founded in 1983 and is headquartered in Klang, Malaysia.
Hextar Industries Berhad Dividend Announcement
• Hextar Industries Berhad announced a semi annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-03-07
• Hextar Industries Berhad annual dividend for 2024 was RM0.01
• Hextar Industries Berhad annual dividend for 2023 was RM0.02
• Hextar Industries Berhad's trailing twelve-month (TTM) dividend yield is 2.3%
• Hextar Industries Berhad's payout ratio for the trailing twelve months (TTM) is 521.81%
Hextar Industries Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-07 | RM0.01 | semi annually | |
2023-09-08 | RM0.01 | semi annually | |
2023-03-07 | RM0.01 | semi annually | |
2016-09-05 | RM0.00 | semi annually | |
2016-02-10 | RM0.00 | semi annually | |
2015-02-11 | RM0.01 | semi annually | |
2014-08-14 | RM0.01 | semi annually |
Hextar Industries Berhad Dividend per year
Hextar Industries Berhad Dividend growth
Hextar Industries Berhad Dividend Yield
Hextar Industries Berhad current trailing twelve-month (TTM) dividend yield is 2.3%. Interested in purchasing Hextar Industries Berhad stock? Use our calculator to estimate your expected dividend yield:
Hextar Industries Berhad Financial Ratios
Hextar 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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