Hiap Teck Venture Berhad manufactures, rents, distributes, and sells steel pipes, hollow sections, scaffolding equipment and accessories, and other steel products in Malaysia. The company operates through five segments: Trading, Manufacturing, Property and Investment, Transportation, and Mining and Exploration. It operates as an importer, exporter, lessor, and a general dealer of steel products, hardware, and building materials. The company also offers transportation services by trucks or trailers; scaffolding works and invests in properties. In addition, it is involved in exploring, contracting, mining, processing, and selling of iron ore; the wholesale of industrial, construction, and related machinery and equipment; and geotechnical and civil engineering works, as well as sale of electricity. The company serves infrastructure, oil and gas, construction, furniture, water reticulation, power plant, and shipbuilding industries. Hiap Teck Venture Berhad was incorporated in 1993 and is headquartered in Klang, Malaysia.
Hiap Teck Venture Berhad Dividend Announcement
• Hiap Teck Venture Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on 2024-01-19. Ex dividend date: 2024-01-04
• Hiap Teck Venture Berhad annual dividend for 2024 was RM0.01
• Hiap Teck Venture Berhad annual dividend for 2023 was RM0.01
• Hiap Teck Venture Berhad's trailing twelve-month (TTM) dividend yield is 1.54%
• Hiap Teck Venture Berhad's payout ratio for the trailing twelve months (TTM) is 8.19%
Hiap Teck Venture Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-01-04 | RM0.01 | annually | 2024-01-19 |
2023-01-05 | RM0.01 | annually | 2023-01-20 |
2022-01-05 | RM0.01 | annually | 2022-01-21 |
2021-01-01 | RM0.00 | annually | 2021-01-25 |
2019-12-31 | RM0.01 | annually | 2020-01-23 |
2019-01-02 | RM0.01 | annually | 2019-01-25 |
2017-01-04 | RM0.00 | annually | |
2016-01-06 | RM0.00 | annually | |
2015-01-26 | RM0.01 | annually | |
2013-12-24 | RM0.01 | annually | |
2012-12-18 | RM0.01 | annually | |
2011-12-28 | RM0.01 | annually | |
2011-01-06 | RM0.01 | annually | |
2010-01-14 | RM0.01 | annually |
Hiap Teck Venture Berhad Dividend per year
Hiap Teck Venture Berhad Dividend growth
Hiap Teck Venture Berhad Dividend Yield
Hiap Teck Venture Berhad current trailing twelve-month (TTM) dividend yield is 1.54%. Interested in purchasing Hiap Teck Venture Berhad stock? Use our calculator to estimate your expected dividend yield:
Hiap Teck Venture Berhad Financial Ratios
Hiap Teck Venture Berhad Dividend FAQ
Other factors to consider when evaluating Hiap Teck Venture Berhad 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: Hiap Teck Venture Berhad'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, Hiap Teck Venture Berhad 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, Hiap Teck Venture Berhad 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 Hiap Teck Venture Berhad 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: Hiap Teck Venture Berhad 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, Hiap Teck Venture Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hiap Teck Venture Berhad 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 Hiap Teck Venture Berhad'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 Hiap Teck Venture Berhad'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.