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 RM0.05 per ordinary share which will be made payable on . Ex dividend date: 2024-11-25
• Kim Loong Resources Berhad annual dividend for 2024 was RM0.18
• Kim Loong Resources Berhad annual dividend for 2023 was RM0.15
• Kim Loong Resources Berhad's trailing twelve-month (TTM) dividend yield is 7.2%
• 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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-25 | RM0.05 | quarterly | |
2024-10-22 | RM0.05 | quarterly | |
2024-04-24 | RM0.05 | quarterly | |
2024-01-24 | RM0.03 | quarterly | |
2023-10-25 | RM0.05 | quarterly | |
2023-08-10 | RM0.05 | quarterly | |
2023-01-19 | RM0.05 | quarterly | |
2022-10-25 | RM0.05 | quarterly | |
2022-08-11 | RM0.05 | quarterly | |
2022-01-20 | RM0.04 | quarterly | |
2021-10-27 | RM0.05 | quarterly | |
2021-08-12 | RM0.03 | quarterly | |
2021-01-22 | RM0.03 | quarterly | |
2020-10-27 | RM0.04 | quarterly | |
2019-10-30 | RM0.03 | quarterly | |
2019-08-08 | RM0.03 | quarterly | |
2018-10-29 | RM0.03 | quarterly | |
2018-08-08 | RM0.03 | quarterly | |
2018-01-10 | RM0.06 | quarterly | |
2017-10-27 | RM0.09 | quarterly | |
2017-08-09 | RM0.08 | quarterly | |
2017-01-18 | RM0.05 | quarterly | |
2016-10-27 | RM0.07 | quarterly | |
2016-08-10 | RM0.06 | quarterly | |
2015-10-28 | RM0.07 | quarterly | |
2015-08-10 | RM0.06 | quarterly | |
2014-10-29 | RM0.07 | quarterly | |
2014-08-08 | RM0.08 | quarterly | |
2013-10-30 | RM0.05 | quarterly | |
2013-08-06 | RM0.07 | quarterly |
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 7.2%. Interested in purchasing Kim Loong Resources Berhad stock? Use our calculator to estimate your expected dividend yield:
Kim Loong Resources Berhad Financial Ratios
Kim Loong Resources 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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