Lagenda Properties Berhad, an investment holding company, engages in the property development business in Malaysia. It is also involved in building construction; property management and other business management activities; and trading of building materials and hardware products. The company was formerly known as D.B.E. Gurney Resources Berhad. The company was incorporated in 2001 and is based in Seri Manjung, Malaysia. Lagenda Properties Berhad is a subsidiary of Lagenda Land Sdn Bhd.
Lagenda Properties Berhad Dividend Announcement
• Lagenda Properties Berhad announced a semi annually dividend of RM0.03 per ordinary share which will be made payable on . Ex dividend date: 2024-09-26
• Lagenda Properties Berhad annual dividend for 2024 was RM0.07
• Lagenda Properties Berhad annual dividend for 2023 was RM0.07
• Lagenda Properties Berhad's trailing twelve-month (TTM) dividend yield is 4.85%
• Lagenda Properties Berhad's payout ratio for the trailing twelve months (TTM) is 35.91%
Lagenda Properties Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | RM0.03 | semi annually | |
2024-04-17 | RM0.04 | semi annually | |
2023-09-14 | RM0.03 | semi annually | |
2023-04-03 | RM0.04 | semi annually | |
2022-09-14 | RM0.03 | semi annually | |
2022-03-24 | RM0.04 | semi annually | |
2021-09-06 | RM0.03 | semi annually | |
2021-03-09 | RM0.03 | semi annually | |
2004-07-26 | RM0.01 | semi annually |
Lagenda Properties Berhad Dividend per year
Lagenda Properties Berhad Dividend growth
Lagenda Properties Berhad Dividend Yield
Lagenda Properties Berhad current trailing twelve-month (TTM) dividend yield is 4.85%. Interested in purchasing Lagenda Properties Berhad stock? Use our calculator to estimate your expected dividend yield:
Lagenda Properties Berhad Financial Ratios
Lagenda Properties 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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