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PT Inocycle Technology Group Tbk engages in the production and sale of recycle polyester staple fiber in Indonesia, the United States, Japan, the Philippines, India, Saudi Arabia, Morocco, Germany, Spain, Italy, and Australia. The company provides hollow conjugated, solid, and special function fiber; and geotextile non-woven products, including padding, needle punching, and high density padding for use in various industries, such as mining, construction, agriculture, manufacturing, and infrastructure. It also produces homeware products comprising mattresses, pillows, bolsters, blankets, carpets, mattress protectors, and bed cover sets. The company was formerly known as PT Hilon Felt and changed its name to PT Inocycle Technology Group Tbk in 2019. The company was founded in 2001 and is headquartered in Tangerang, Indonesia. PT Inocycle Technology Group Tbk is a subsidiary of PT Hilon Indonesia.

Inocycle Technology Dividend Announcement

• Inocycle Technology announced a annually dividend of Rp3.00 per ordinary share which will be made payable on 2022-08-19. Ex dividend date: 2022-07-28
• Inocycle Technology's trailing twelve-month (TTM) dividend yield is -%

Inocycle Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-07-28Rp3.00annually2022-08-19
2020-09-01Rp7.50annually2020-09-17

Inocycle Technology Dividend per year

Inocycle Technology Dividend Yield

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

Inocycle Technology Financial Ratios

P/E ratio-2.49
PEG ratio-0.43
P/B ratio0.69
ROE-25.20%
Payout ratio0.00%
Current ratio0.61
Quick ratio0.43
Cash Ratio0.13

Inocycle Technology Dividend FAQ

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