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Innoprise Plantations Berhad, an investment holding company, cultivates oil palms in Malaysia. The company produces and sells crude palm oil, fresh fruit bunches, and palm kernel; and generates and supplies electricity from biomass plant. It is also involved in planting and developing 22,763 hectares of land bank. The company was incorporated in 1993 and is based in Kota Kinabalu, Malaysia. Innoprise Plantations Berhad is a subsidiary of Innoprise Corporation Sdn. Bhd.

Innoprise Plantations Berhad Dividend Announcement

Innoprise Plantations Berhad announced a quarterly dividend of RM0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-09-09
Innoprise Plantations Berhad annual dividend for 2024 was RM0.08
Innoprise Plantations Berhad annual dividend for 2023 was RM0.10
Innoprise Plantations Berhad's trailing twelve-month (TTM) dividend yield is 7.1%
Innoprise Plantations Berhad's payout ratio for the trailing twelve months (TTM) is 79.43%
Innoprise Plantations Berhad's dividend growth over the last five years (2018-2023) was 25.93% year

Innoprise Plantations Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09RM0.03quarterly
2024-06-12RM0.02quarterly
2024-03-11RM0.03quarterly
2023-12-14RM0.03quarterly
2023-09-11RM0.02quarterly
2023-06-15RM0.02quarterly
2023-03-09RM0.03quarterly
2022-12-12RM0.03quarterly
2022-09-14RM0.07quarterly
2022-06-09RM0.06quarterly
2022-03-17RM0.06quarterly
2021-12-14RM0.06quarterly
2021-09-14RM0.04quarterly
2021-06-30RM0.02quarterly
2021-03-10RM0.04quarterly
2020-10-07RM0.03quarterly
2020-08-18RM0.02quarterly
2019-07-25RM0.01quarterly
2018-05-23RM0.03quarterly
2017-10-02RM0.02quarterly
2017-05-23RM0.02quarterly

Innoprise Plantations Berhad Dividend per year

Innoprise Plantations Berhad Dividend growth

Innoprise Plantations Berhad Dividend Yield

Innoprise Plantations Berhad current trailing twelve-month (TTM) dividend yield is 7.1%. Interested in purchasing Innoprise Plantations Berhad stock? Use our calculator to estimate your expected dividend yield:

Innoprise Plantations Berhad Financial Ratios

P/E ratio12.01
PEG ratio0.61
P/B ratio2.38
ROE20.08%
Payout ratio79.43%
Current ratio1.37
Quick ratio0.83
Cash Ratio0.51

Innoprise Plantations Berhad Dividend FAQ

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