Kossan Rubber Industries Bhd, an investment holding company, manufactures and sells latex disposable gloves in Malaysia and internationally. It operates through four segments: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The company offers engineered rubber products, including marine dock fenders, high damping rubber bearings, elastomeric bearings, expansion joints, panels and liners, and mechanical pot bearings, as well as floating slab track bearings, lateral bearings, and rubber wedges; EVA products primarily for the shoe industries; and custom extruded products and profiles, such as pressure sensor, solid and sponge, extruded, structural insulation, and insulator profiles for domestic, construction and civil engineering, electrical appliance, industrial, and automotive applications. It also provides molded rubber products for automotive, pipe seals and gaskets, and industrial/general applications; rubber rolls for printing, transferring, coating, laminating, coiling, beading creasing, pressure, slitting, winding, and other applications; and polyurethane (PU) products, such as PU rollers, precision PU articles, and PU tubing sleeves and robs. In addition, it manufactures natural rubber latex and nitrile gloves, as well as rubber latex surgical and procedure gloves for healthcare, specialty, and cleanroom applications under Puresafe, Chemax, and 7th Sense brand names. Further, the company offers cleanroom facemasks, gloves, and wipes; and industrial personal protective equipment. Additionally, it engages in the fabrication and installation of machinery; manufacturing, processing, and trading of chemicals and rubber compounds; and distribution and property holding activities. The company was incorporated in 1979 and is based in Klang, Malaysia.
Kossan Rubber Industries Dividend Announcement
• Kossan Rubber Industries announced a quarterly dividend of RM0.02 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-12-02
• Kossan Rubber Industries annual dividend for 2024 was RM0.06
• Kossan Rubber Industries annual dividend for 2023 was RM0.03
• Kossan Rubber Industries's trailing twelve-month (TTM) dividend yield is 2.31%
• Kossan Rubber Industries's payout ratio for the trailing twelve months (TTM) is 54.85%
• Kossan Rubber Industries's dividend growth over the last five years (2018-2023) was -16.06% year
• Kossan Rubber Industries's dividend growth over the last ten years (2013-2023) was -13.37% year
Kossan Rubber Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | RM0.02 | quarterly | 2024-12-12 |
| 2024-06-20 | RM0.02 | quarterly | 2024-07-18 |
| 2024-03-13 | RM0.02 | quarterly | 2024-04-08 |
| 2023-03-07 | RM0.03 | quarterly | 2023-03-22 |
| 2022-04-05 | RM0.12 | quarterly | 2022-04-22 |
| 2021-11-08 | RM0.12 | quarterly | 2021-11-19 |
| 2021-08-12 | RM0.12 | quarterly | 2021-08-26 |
| 2021-05-06 | RM0.12 | quarterly | 2021-05-20 |
| 2021-03-03 | RM0.08 | quarterly | 2021-03-17 |
| 2020-11-24 | RM0.03 | quarterly | 2020-12-09 |
| 2020-06-05 | RM0.03 | quarterly | 2020-06-19 |
| 2020-01-07 | RM0.03 | quarterly | 2020-01-20 |
| 2019-06-03 | RM0.03 | quarterly | 2019-06-21 |
| 2019-01-16 | RM0.03 | quarterly | 2019-01-30 |
| 2018-06-04 | RM0.06 | quarterly | 2018-07-03 |
| 2017-12-15 | RM0.05 | quarterly | 2018-01-10 |
| 2017-06-02 | RM0.06 | quarterly | 2017-07-05 |
| 2016-12-15 | RM0.05 | quarterly | |
| 2016-06-01 | RM0.07 | quarterly | |
| 2015-12-21 | RM0.06 | quarterly | |
| 2015-07-01 | RM0.04 | quarterly | |
| 2014-12-08 | RM0.04 | quarterly | |
| 2014-07-01 | RM0.04 | quarterly | |
| 2013-12-06 | RM0.04 | quarterly | |
| 2013-06-28 | RM0.07 | quarterly |
Kossan Rubber Industries Dividend per year
Kossan Rubber Industries Dividend growth
Kossan Rubber Industries Dividend Yield
Kossan Rubber Industries current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing Kossan Rubber Industries stock? Use our calculator to estimate your expected dividend yield:
Kossan Rubber Industries Financial Ratios
P/E ratio71.31
PEG ratio18.18
P/B ratio1.73
ROE2.42%
Payout ratio54.85%
Current ratio9.39
Quick ratio8.47
Cash Ratio3.90
Kossan Rubber Industries Dividend FAQ
How much is the next Kossan Rubber Industries dividend?
Kossan Rubber Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kossan Rubber Industries dividend. The next Kossan Rubber Industries dividend will be released in March.
When is Kossan Rubber Industries dividend paid?
Kossan Rubber Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Kossan Rubber Industries pay?
The specific amount of Kossan Rubber Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kossan Rubber Industries's dividend history.
Does Kossan Rubber Industries stock pay dividends?
Yes, Kossan Rubber Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Kossan Rubber Industries's dividend history.
How much dividend does Kossan Rubber Industries pay?
Kossan Rubber Industries paid RM0.06 in 2024, RM0.025 in 2023, RM0.12 in 2022, RM0.44 in 2021, and RM0.09 in 2020.
How often does Kossan Rubber Industries pay dividends?
Kossan Rubber Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March.
What is Kossan Rubber Industries's dividend yield?
The current dividend yield for Kossan Rubber Industries is 2.31%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Kossan Rubber Industries's exact dividend yield.
When does Kossan Rubber Industries go ex dividend?
Kossan Rubber Industries's ex-dividend date for the latest dividend was on 2024-12-02. Kossan Rubber Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Kossan Rubber Industries dividend paid?
Kossan Rubber Industries pays dividends on a quarterly basis, typically around March, but the exact dates can vary each year.
Will Kossan Rubber Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Kossan Rubber Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Kossan Rubber Industries dividend per share?
Kossan Rubber Industries paid RM0.06 per share in 2024 and RM0.025 per share in 2023. The amount of dividend per share that Kossan Rubber Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Kossan Rubber Industries a dividend aristocrat?
No, 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 Kossan Rubber Industries a dividend king?
No, 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 Kossan Rubber Industries a dividend stock?
Yes, Kossan Rubber Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kossan Rubber Industries a good dividend stock?
Whether Kossan Rubber Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kossan Rubber Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Kossan Rubber Industries 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.
Other factors to consider when evaluating Kossan Rubber Industries 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.
Does Kossan Rubber Industries pay dividends monthly?
Kossan Rubber Industries typically pays dividends on a quarterly basis.
Does Kossan Rubber Industries pay dividends quarterly?
Kossan Rubber Industries currently pays dividends on a quarterly basis.
Has Kossan Rubber Industries ever paid a dividend?
Yes, Kossan Rubber Industries has a history of paying dividends to its shareholders. Kossan Rubber Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kossan Rubber Industries dividend stocks?
To buy Kossan Rubber Industries 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Kossan Rubber Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Kossan Rubber Industries 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.
When does Kossan Rubber Industries pay dividends 2024?
Kossan Rubber Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Kossan Rubber Industries increase its dividend in 2024?
Decisions regarding Kossan Rubber Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Kossan Rubber Industries dividend overview you can look into the above table of dividend history.
How Kossan Rubber Industries dividend works?
The Kossan Rubber Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Kossan Rubber Industries's dividend process works:
1. Determination of Dividend: Kossan Rubber Industries'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, Kossan Rubber Industries 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, Kossan Rubber Industries 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 Kossan Rubber Industries 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. Determination of Dividend: Kossan Rubber Industries'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, Kossan Rubber Industries 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, Kossan Rubber Industries 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 Kossan Rubber Industries 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.
How are Kossan Rubber Industries dividends paid?
Kossan Rubber Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Kossan Rubber Industries 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, Kossan Rubber Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kossan Rubber Industries 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.
1. Record Date: Kossan Rubber Industries 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, Kossan Rubber Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kossan Rubber Industries 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.
How many times does Kossan Rubber Industries pay dividends?
Kossan Rubber Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Kossan Rubber Industries pay dividends?
The general pattern is that Kossan Rubber Industries pays dividends around March. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Kossan Rubber Industries dividend safe?
The safety of Kossan Rubber Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Kossan Rubber Industries'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 Kossan Rubber Industries'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.
To assess the safety of Kossan Rubber Industries'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 Kossan Rubber Industries'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.