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Kim Loong Resources Berhad, an investment holding company, cultivates oil palm in Malaysia. The company operates in two segments, Plantation and Milling. It processes and markets oil palm and palm kernel products. The company also extracts residual oil from wet palm fiber; converts palm fiber; and manufactures health supplements and food ingredients. In addition, it engages in the trading of fresh fruit bunches; and biogas and power generation activities. As of January 31, 2022, it had a total plantation land holdings area of 16,922 hectares. The company was incorporated in 1975 and is based in Johor Bahru, Malaysia. Kim Loong Resources Berhad is a subsidiary of Sharikat Kim Loong Sendirian Berhad.

Kim Loong Resources Berhad Dividend Announcement

Kim Loong Resources Berhad announced a quarterly dividend of RM0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-10-22
Kim Loong Resources Berhad annual dividend for 2024 was RM0.08
Kim Loong Resources Berhad annual dividend for 2023 was RM0.15
Kim Loong Resources Berhad's trailing twelve-month (TTM) dividend yield is 5.46%
Kim Loong Resources Berhad's payout ratio for the trailing twelve months (TTM) is 108.03%
Kim Loong Resources Berhad's dividend growth over the last five years (2018-2023) was 4.56% year
Kim Loong Resources Berhad's dividend growth over the last ten years (2013-2023) was 2.26% year

Kim Loong Resources Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-22RM0.00quarterly
2024-04-24RM0.05quarterly
2024-01-24RM0.03quarterly
2023-10-25RM0.05quarterly
2023-08-10RM0.05quarterly
2023-01-19RM0.05quarterly
2022-10-25RM0.05quarterly
2022-08-11RM0.05quarterly
2022-01-20RM0.04quarterly
2021-10-27RM0.05quarterly
2021-08-12RM0.03quarterly
2021-01-22RM0.03quarterly
2020-10-27RM0.04quarterly
2019-10-30RM0.03quarterly
2019-08-08RM0.03quarterly
2018-10-29RM0.03quarterly
2018-08-08RM0.03quarterly
2018-01-10RM0.06quarterly
2017-10-27RM0.09quarterly
2017-08-09RM0.08quarterly
2017-01-18RM0.05quarterly
2016-10-27RM0.07quarterly
2016-08-10RM0.06quarterly
2015-10-28RM0.07quarterly
2015-08-10RM0.10quarterly
2014-10-29RM0.07quarterly
2014-08-08RM0.08quarterly
2013-10-30RM0.05quarterly
2013-08-06RM0.07quarterly

Kim Loong Resources Berhad Dividend per year

Kim Loong Resources Berhad Dividend growth

Kim Loong Resources Berhad Dividend Yield

Kim Loong Resources Berhad current trailing twelve-month (TTM) dividend yield is 5.46%. Interested in purchasing Kim Loong Resources Berhad stock? Use our calculator to estimate your expected dividend yield:

Kim Loong Resources Berhad Financial Ratios

P/E ratio14.33
PEG ratio0.52
P/B ratio2.58
ROE18.54%
Payout ratio108.03%
Current ratio4.12
Quick ratio3.80
Cash Ratio1.75

Kim Loong Resources Berhad Dividend FAQ

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