Hibiscus Petroleum Berhad, an investment holding company, explores for, develops, and produces oil and gas. The company operates through Malaysia North Sabah; Malaysia Kinabalu and Others; Commercial Arrangement Area; United Kingdom; Australia; Vietnam; and Investment Holding and Group Activities segments. It holds 50% interests in the North Sabah production sharing contract producing fields located in Offshore Sabah, Malaysia. The company also holds 60% interests in the Kinabalu field located in coast of Sabah, Malaysia; the PM305 and PM314 fields located to the eastern coast of Peninsular Malaysia in the Malay Basin. In addition, it holds 35% interest in the PM3 CAA field and manages the operations relating to the production of petroleum from various oil fields, such as Bunga Orkid, Bunga Pakma, Bunga Raya, Bunga Seroja, Bunga Kekwa, and Bunga Tulip. Further, the company holds interests in the Anasuria Cluster producing oil and gas fields, Marigold and Sunflower fields, license no. P2532 and P2535, and license no. P2518 located offshore in the United Kingdom Continental Shelf; and operates VIC/RL17 production license. Additionally, it holds 70% interest in the Block 46, a tie back asset that contains the producing Cai Nuoc field and the undeveloped Hoa Mai field located in Vietnamese waters. The company also invests in, owns, and operates oil and gas concessions; and provides project management, technical, and other services relating to the oil and gas exploration and production industry. Hibiscus Petroleum Berhad was incorporated in 2007 and is headquartered in Kuala Lumpur, Malaysia.
Hibiscus Petroleum Berhad Dividend Announcement
• Hibiscus Petroleum Berhad announced a quarterly dividend of RM0.03 per ordinary share which will be made payable on 2025-01-22. Ex dividend date: 2024-12-26
• Hibiscus Petroleum Berhad annual dividend for 2024 was RM0.10
• Hibiscus Petroleum Berhad annual dividend for 2023 was RM0.05
• Hibiscus Petroleum Berhad's trailing twelve-month (TTM) dividend yield is 4.4%
• Hibiscus Petroleum Berhad's payout ratio for the trailing twelve months (TTM) is 17.54%
Hibiscus Petroleum Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-26 | RM0.03 | quarterly | 2025-01-22 |
2024-09-25 | RM0.01 | quarterly | 2024-10-25 |
2024-06-20 | RM0.02 | quarterly | 2024-07-19 |
2024-03-18 | RM0.02 | quarterly | 2024-04-18 |
2024-01-03 | RM0.01 | quarterly | 2024-01-19 |
2023-12-20 | RM0.02 | quarterly | 2024-01-19 |
2023-09-21 | RM0.01 | quarterly | 2023-10-20 |
2023-06-22 | RM0.01 | quarterly | 2023-07-21 |
2023-03-17 | RM0.01 | quarterly | 2023-04-18 |
2023-01-03 | RM0.01 | quarterly | 2023-01-18 |
2022-06-22 | RM0.01 | quarterly | 2022-07-22 |
2022-01-03 | RM0.01 | quarterly | 2022-01-28 |
2021-03-08 | RM0.01 | quarterly | 2021-04-08 |
Hibiscus Petroleum Berhad Dividend per year
Hibiscus Petroleum Berhad Dividend growth
Hibiscus Petroleum Berhad Dividend Yield
Hibiscus Petroleum Berhad current trailing twelve-month (TTM) dividend yield is 4.4%. Interested in purchasing Hibiscus Petroleum Berhad stock? Use our calculator to estimate your expected dividend yield:
Hibiscus Petroleum Berhad Financial Ratios
Hibiscus Petroleum Berhad Dividend FAQ
Other factors to consider when evaluating Hibiscus Petroleum 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: Hibiscus Petroleum 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, Hibiscus Petroleum 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, Hibiscus Petroleum 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 Hibiscus Petroleum 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: Hibiscus Petroleum 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, Hibiscus Petroleum 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: Hibiscus Petroleum 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 Hibiscus Petroleum 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 Hibiscus Petroleum 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.