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Hong Seng Consolidated Berhad, an investment holding company, engages in the search and advertising, healthcare, financial services, and other businesses primarily in Malaysia. It operates through Healthcare, Financial Services, Gloves, Search and Advertising, and Others segments. The company offers medical diagnostic and research laboratory services; wholesale of pharmaceutical and medical goods; and money lending services. It also develops and provides online presence and advertising solutions; operates search platforms; publishes business directory journals; provides content development and database marketing services; and engages in the development and provision of software solutions/applications, as well as training and seminar activities. In addition, the company manufactures and trades in rubber gloves; retails pharmaceutical, medical, and orthopedics goods; and offers genetic research and testing services. Further, it is involved in the construction and operation of tank farm facilities for feedstocks storage and related integrated logistics services; manufacture and trade of nitrile butadiene latex and other related business; and property investment business. The company was formerly known as MSCM Holdings Berhad and changed its name to Hong Seng Consolidated Berhad in October 2020. Hong Seng Consolidated Berhad was incorporated in 2001 and is based in Petaling Jaya, Malaysia.

Hongng Consolidated Berhad Dividend Announcement

• Hongng Consolidated Berhad announced a annually dividend of RM0.02 per ordinary share which will be made payable on . Ex dividend date: 2013-09-26
• Hongng Consolidated Berhad's trailing twelve-month (TTM) dividend yield is -%

Hongng Consolidated Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-09-26RM0.02annually
2012-06-08RM0.03annually
2007-12-31RM0.10annually

Hongng Consolidated Berhad Dividend per year

Hongng Consolidated Berhad Dividend Yield

Hongng Consolidated Berhad current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hongng Consolidated Berhad stock? Use our calculator to estimate your expected dividend yield:

Hongng Consolidated Berhad Financial Ratios

P/E ratio0.79
PEG ratio0.01
P/B ratio0.20
ROE29.42%
Payout ratio0.00%
Current ratio10.38
Quick ratio9.49
Cash Ratio2.75

Hongng Consolidated Berhad Dividend FAQ

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