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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 dateDividend amountDividend typePay date
2024-09-26RM0.03semi annually
2024-04-17RM0.04semi annually
2023-09-14RM0.03semi annually
2023-04-03RM0.04semi annually
2022-09-14RM0.03semi annually
2022-03-24RM0.04semi annually
2021-09-06RM0.03semi annually
2021-03-09RM0.03semi annually
2004-07-26RM0.01semi 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

P/E ratio6.72
PEG ratio0.12
P/B ratio0.97
ROE14.92%
Payout ratio35.91%
Current ratio1.92
Quick ratio1.03
Cash Ratio0.24

Lagenda Properties Berhad Dividend FAQ

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