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PT Kobexindo Tractors Tbk, together with its subsidiaries, engages in the distribution and servicing of heavy equipment in Indonesia. The company operates through Heavy Equipment, Spare Parts, Repair Services and Mining Contracting, and Building and Heavy Equipment Rental segments. It offers excavators, hydraulic breakers, articulated dump trucks, rigid dump trucks, heavy duty on and off-road trucks, and wheel loaders; diesel-powered forklifts; diesel and electric forklifts, hand pallets, hand stackers, racks, and sweeping and scrubber machines; and after sales services, as well as supplies spare parts. The company also provides maintenance and rental services for heavy equipment; and engages in the rental of office building. It markets and distributes heavy equipment for mining, agriculture and plantation, construction, and forestry industries; and serves warehousing and logistics business, and manufactures. The company was founded in 2002 and is headquartered in North Jakarta, Indonesia. PT Kobexindo Tractors Tbk is a subsidiary of PT Kobexindo Investama.

Kobexindo Tractors Dividend Announcement

• Kobexindo Tractors announced a annually dividend of Rp10.00 per ordinary share which will be made payable on 2023-07-10. Ex dividend date: 2023-06-23
• Kobexindo Tractors annual dividend for 2023 was Rp10.00
• Kobexindo Tractors's trailing twelve-month (TTM) dividend yield is -%
• Kobexindo Tractors's payout ratio for the trailing twelve months (TTM) is -0.15%

Kobexindo Tractors Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-23Rp10.00annually2023-07-10
2022-06-24Rp9.00annually2022-07-12
2013-10-23Rp5.00annually

Kobexindo Tractors Dividend per year

Kobexindo Tractors Dividend Yield

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

Kobexindo Tractors Financial Ratios

P/E ratio-1.72
PEG ratio-0.06
P/B ratio1.16
ROE-55.67%
Payout ratio-0.15%
Current ratio0.87
Quick ratio0.31
Cash Ratio0.02

Kobexindo Tractors Dividend FAQ

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