PT KMI Wire and Cable Tbk manufactures and sells various power cables in Indonesia. The company offers aluminum, copper, and ground bare conductors; low voltage power cables comprising aluminum, copper, control, flexible, and instrument cables; medium voltage power cables consisting of aluminum and copper cables; high voltage power cables; outdoor and indoor telecom cables; special purpose cables, including fire resistant, flame retardant, lead sheated, nylon, and thermocouple cables; and aluminum and copper rods, and rod products. It supplies power cables to the state-owned electricity company; and cables to private and industrial sectors comprising oil and gas, mining, industrial, and other sectors. The company sells its products under the kabelmetal Indonesia, and KMI Wire and Cable brands through a chain of distributors and resellers, as well as directly. It also exports its products internationally. PT KMI Wire and Cable Tbk was founded in 1972 and is based in Jakarta, Indonesia.
KMI Wire and Cable Dividend Announcement
• KMI Wire and Cable announced a annually dividend of Rp8.00 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-06-20
• KMI Wire and Cable annual dividend for 2024 was Rp8.00
• KMI Wire and Cable annual dividend for 2023 was Rp4.00
• KMI Wire and Cable's trailing twelve-month (TTM) dividend yield is 2.05%
• KMI Wire and Cable's payout ratio for the trailing twelve months (TTM) is 15.45%
KMI Wire and Cable Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | Rp8.00 | annually | 2024-07-11 |
2023-06-22 | Rp4.00 | annually | 2023-07-14 |
2022-07-04 | Rp4.00 | annually | 2022-07-27 |
2019-06-28 | Rp8.00 | annually | 2019-07-19 |
2018-06-06 | Rp8.00 | annually | 2018-06-29 |
2016-06-23 | Rp7.00 | annually | |
2015-06-19 | Rp4.00 | annually | |
2014-07-11 | Rp4.00 | annually | |
2013-07-30 | Rp6.80 | annually |
KMI Wire and Cable Dividend per year
KMI Wire and Cable Dividend growth
KMI Wire and Cable Dividend Yield
KMI Wire and Cable current trailing twelve-month (TTM) dividend yield is 2.05%. Interested in purchasing KMI Wire and Cable stock? Use our calculator to estimate your expected dividend yield:
KMI Wire and Cable Financial Ratios
KMI Wire and Cable Dividend FAQ
Other factors to consider when evaluating KMI Wire and Cable 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: KMI Wire and Cable'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, KMI Wire and Cable 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, KMI Wire and Cable 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 KMI Wire and Cable 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: KMI Wire and Cable 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, KMI Wire and Cable distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KMI Wire and Cable 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 KMI Wire and Cable'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 KMI Wire and Cable'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.