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 6.36%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | RM0.03 | quarterly | |
2024-06-12 | RM0.02 | quarterly | |
2024-03-11 | RM0.03 | quarterly | |
2023-12-14 | RM0.03 | quarterly | |
2023-09-11 | RM0.02 | quarterly | |
2023-06-15 | RM0.02 | quarterly | |
2023-03-09 | RM0.03 | quarterly | |
2022-12-12 | RM0.03 | quarterly | |
2022-09-14 | RM0.07 | quarterly | |
2022-06-09 | RM0.06 | quarterly | |
2022-03-17 | RM0.06 | quarterly | |
2021-12-14 | RM0.06 | quarterly | |
2021-09-14 | RM0.04 | quarterly | |
2021-06-30 | RM0.02 | quarterly | |
2021-03-10 | RM0.04 | quarterly | |
2020-10-07 | RM0.03 | quarterly | |
2020-08-18 | RM0.02 | quarterly | |
2019-07-25 | RM0.01 | quarterly | |
2018-05-23 | RM0.03 | quarterly | |
2017-10-02 | RM0.02 | quarterly | |
2017-05-23 | RM0.02 | quarterly |
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 6.36%. Interested in purchasing Innoprise Plantations Berhad stock? Use our calculator to estimate your expected dividend yield:
Innoprise Plantations Berhad Financial Ratios
Innoprise Plantations Berhad Dividend FAQ
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.
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