IOI Corporation Berhad, an investment holding company, primarily engages in the plantation business in Malaysia, Europe, North America, Asia, and internationally. The company operates through two segments, Plantation and Resource-Based Manufacturing. It cultivates oil palm, softwood timber, rubber, and coconut; refines and processes crude palm, crude coconut, and palm kernel oils; and manufactures specialty oils and fats. The company also manufactures and exports fatty acids, soap noodles, glycerin, fatty acids and esters, and other related products. In addition, it is involved in the commercialization of clonal ramets and biotechnology related research and development activities; provision of management and marketing services; production and supply of palm-based renewable energy; and trading of palm oil commodities, oilseeds, and edible oils and fats; and the processing of raw materials for the edible oils and fats industry. Further, the company engages in the property development, maintenance, and investment activities; issuance of exchangeable bonds and guaranteed notes; storage tanks rental activities; manufacture, registration, trading, and distribution of oleochemical products; and provision of bulk cargo warehousing services, as well as treasury management services and management consulting services. Additionally, it is involved in the manufacture and sale of plasticizer products, margarine, and shortening and fat spreads; manufacture of palm wood boards and panels, offered under OnCore brand name used in furniture, construction, and building industries; and development of proprietary keto-ester portfolio. The company was formerly known as Industrial Oxygen Incorporated Sdn Bhd and changed its name to IOI Corporation Berhad in March 1995. IOI Corporation Berhad was incorporated in 1969 and is based in Putrajaya, Malaysia.
IOI Berhad Dividend Announcement
• IOI Berhad announced a semi annually dividend of RM0.05 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-17
• IOI Berhad annual dividend for 2024 was RM0.10
• IOI Berhad annual dividend for 2023 was RM0.11
• IOI Berhad's trailing twelve-month (TTM) dividend yield is 2.43%
• IOI Berhad's payout ratio for the trailing twelve months (TTM) is 38.88%
• IOI Berhad's dividend growth over the last five years (2018-2023) was -7.22% year
• IOI Berhad's dividend growth over the last ten years (2013-2023) was -3.37% year
IOI Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | RM0.05 | semi annually | 2024-09-26 |
2024-03-08 | RM0.04 | semi annually | 2024-03-21 |
2023-09-06 | RM0.05 | semi annually | 2023-09-22 |
2023-03-14 | RM0.06 | semi annually | 2023-03-24 |
2022-09-12 | RM0.08 | semi annually | 2022-09-23 |
2022-03-09 | RM0.06 | semi annually | 2022-03-25 |
2021-09-10 | RM0.06 | semi annually | 2021-10-05 |
2021-03-09 | RM0.04 | semi annually | 2021-03-19 |
2020-09-09 | RM0.04 | semi annually | 2020-09-18 |
2020-03-03 | RM0.04 | semi annually | 2020-03-13 |
2019-11-08 | RM0.04 | semi annually | 2019-11-22 |
2019-03-08 | RM0.04 | semi annually | 2019-03-22 |
2018-09-04 | RM0.04 | semi annually | 2018-09-21 |
2018-03-16 | RM0.12 | semi annually | 2018-03-30 |
2017-08-24 | RM0.05 | semi annually | 2017-09-15 |
2017-03-03 | RM0.04 | semi annually | 2017-03-16 |
2016-09-07 | RM0.04 | semi annually | |
2016-03-04 | RM0.04 | semi annually | |
2015-09-08 | RM0.04 | semi annually | |
2015-03-03 | RM0.04 | semi annually | |
2014-07-14 | RM0.12 | semi annually | |
2014-03-10 | RM0.08 | semi annually | |
2013-09-05 | RM0.09 | semi annually | |
2013-03-07 | RM0.07 | semi annually |
IOI Berhad Dividend per year
IOI Berhad Dividend growth
IOI Berhad Dividend Yield
IOI Berhad current trailing twelve-month (TTM) dividend yield is 2.43%. Interested in purchasing IOI Berhad stock? Use our calculator to estimate your expected dividend yield:
IOI Berhad Financial Ratios
IOI Berhad Dividend FAQ
Other factors to consider when evaluating IOI Berhad 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: IOI Berhad'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, IOI Berhad 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, IOI Berhad 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 IOI Berhad 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: IOI Berhad 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, IOI Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: IOI Berhad 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 IOI Berhad'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 IOI Berhad'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.