Magni-Tech Industries Berhad, an investment holding company, engages in the manufacturing and sale of garments and packaging materials in Malaysia and Vietnam. It also manufactures and distributes corrugated cartons and flexible plastic packaging products. The company serves food, beverage, healthcare, rubber based, consumer household, and electronic sub-sectors. Magni-Tech Industries Berhad was incorporated in 1997 and is based in Penang, Malaysia.
Magni-Tech Industries Berhad Dividend Announcement
• Magni-Tech Industries Berhad announced a quarterly dividend of RM0.05 per ordinary share which will be made payable on . Ex dividend date: 2024-09-18
• Magni-Tech Industries Berhad annual dividend for 2024 was RM0.12
• Magni-Tech Industries Berhad annual dividend for 2023 was RM0.10
• Magni-Tech Industries Berhad's trailing twelve-month (TTM) dividend yield is 4.91%
• Magni-Tech Industries Berhad's payout ratio for the trailing twelve months (TTM) is 42.02%
• Magni-Tech Industries Berhad's dividend growth over the last five years (2018-2023) was 6.33% year
• Magni-Tech Industries Berhad's dividend growth over the last ten years (2013-2023) was 6.67% year
Magni-Tech Industries Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-18 | RM0.05 | quarterly | |
2024-07-10 | RM0.03 | quarterly | |
2024-04-02 | RM0.04 | quarterly | |
2023-12-19 | RM0.02 | quarterly | |
2023-09-25 | RM0.03 | quarterly | |
2023-07-10 | RM0.03 | quarterly | |
2023-03-24 | RM0.02 | quarterly | |
2022-12-27 | RM0.02 | quarterly | |
2022-09-27 | RM0.02 | quarterly | |
2022-07-07 | RM0.03 | quarterly | |
2022-04-04 | RM0.02 | quarterly | |
2022-01-07 | RM0.02 | quarterly | |
2021-07-09 | RM0.03 | quarterly | |
2021-03-22 | RM0.04 | quarterly | |
2020-12-17 | RM0.02 | quarterly | |
2020-09-24 | RM0.02 | quarterly | |
2020-07-07 | RM0.01 | quarterly | |
2020-03-24 | RM0.03 | quarterly | |
2019-12-24 | RM0.03 | quarterly | |
2019-10-09 | RM0.06 | quarterly | |
2019-03-29 | RM0.03 | quarterly | |
2018-12-26 | RM0.01 | quarterly | |
2018-10-10 | RM0.04 | quarterly | |
2018-03-28 | RM0.01 | quarterly | |
2017-12-27 | RM0.02 | quarterly | |
2017-10-11 | RM0.01 | quarterly | |
2017-03-29 | RM0.01 | quarterly | |
2016-12-27 | RM0.01 | quarterly | |
2016-10-11 | RM0.01 | quarterly | |
2016-04-05 | RM0.01 | quarterly | |
2016-01-07 | RM0.02 | quarterly | |
2015-11-05 | RM0.01 | quarterly | |
2015-03-30 | RM0.02 | quarterly | |
2014-10-21 | RM0.01 | quarterly | |
2014-04-09 | RM0.02 | quarterly | |
2013-11-04 | RM0.02 | quarterly | |
2013-03-26 | RM0.02 | quarterly |
Magni-Tech Industries Berhad Dividend per year
Magni-Tech Industries Berhad Dividend growth
Magni-Tech Industries Berhad Dividend Yield
Magni-Tech Industries Berhad current trailing twelve-month (TTM) dividend yield is 4.91%. Interested in purchasing Magni-Tech Industries Berhad stock? Use our calculator to estimate your expected dividend yield:
Magni-Tech Industries Berhad Financial Ratios
Magni-Tech Industries 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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