Indofood Agri Resources Ltd., together with its subsidiaries, operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, Germany, the Philippines, Myanmar, and internationally. It engages in the research and development; oil palm seed breeding; oil palm cultivation and milling; crude palm oil production and refining; rubber, sugar cane, cocoa, and tea cultivation; and industrial timber plantation activities. The company operates in two segments, Plantations, and Edible Oils and Fats. The Plantations segment is involved in the development and maintenance of oil palm, rubber, and sugar cane plantations; and other business activities relating to processing, marketing, and selling palm oil, rubber, and sugar cane. The Edible Oils and Fats segment produces, markets, and sells edible oil, margarine, shortening, and other related products, as well as its derivative products. It offers cooking oil under the Bimoli, Bimoli Spesial, Delima, Amanda, and Happy brands; and margarine and shortening products under the Amanda, Palmia, Royal Palmia, Simas, Malinda, and Delima brands. As of December 31, 2021, the company had a planted area of approximately 300,749 hectares, including 250,615 hectares of oil palm; 16,228 hectares of rubber; 14,411 hectares of sugar cane; and 19,495 hectares of other crops. It also owns and operates bulking facilities; provides transportation, investment, management, and technical services; and operates in the macronutrients mix fertilizers and prefabrication industries. The company was incorporated in 2001 and is headquartered in Singapore. Indofood Agri Resources Ltd. is a subsidiary of Indofood Singapore Holdings Pte. Ltd.
Indofoodri Resources Dividend Announcement
• Indofoodri Resources announced a annually dividend of S$0.01 per ordinary share which will be made payable on 2024-05-28. Ex dividend date: 2024-05-09
• Indofoodri Resources annual dividend for 2024 was S$0.01
• Indofoodri Resources annual dividend for 2023 was S$0.01
• Indofoodri Resources's trailing twelve-month (TTM) dividend yield is 2.46%
• Indofoodri Resources's payout ratio for the trailing twelve months (TTM) is 12.27%
Indofoodri Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-09 | S$0.01 | annually | 2024-05-28 |
2023-04-27 | S$0.01 | annually | 2023-05-10 |
2022-05-06 | S$0.01 | annually | 2022-05-20 |
2019-05-08 | S$0.00 | annually | 2019-05-22 |
2018-05-04 | S$0.01 | annually | 2018-05-22 |
2017-05-04 | S$0.01 | annually | 2017-05-22 |
2016-05-05 | S$0.01 | annually | |
2015-05-06 | S$0.01 | annually | |
2014-05-06 | S$0.01 | annually | |
2013-05-06 | S$0.01 | annually | |
2012-05-04 | S$0.00 | annually |
Indofoodri Resources Dividend per year
Indofoodri Resources Dividend growth
Indofoodri Resources Dividend Yield
Indofoodri Resources current trailing twelve-month (TTM) dividend yield is 2.46%. Interested in purchasing Indofoodri Resources stock? Use our calculator to estimate your expected dividend yield:
Indofoodri Resources Financial Ratios
Indofoodri Resources Dividend FAQ
Other factors to consider when evaluating Indofoodri Resources 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: Indofoodri Resources'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, Indofoodri Resources 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, Indofoodri Resources 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 Indofoodri Resources 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: Indofoodri Resources 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, Indofoodri Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indofoodri Resources 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 Indofoodri Resources'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 Indofoodri Resources'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.