PT Maja Agung Latexindo Tbk is engaged in the filed of manufacturing, especially producing medical gloves. The business activities of the company is to engage in rubber goods industry to support health needs, including contraceptive covers, pacifiers, compression devices, medical gloves and urinary catheters.
Majaung Latexindo Dividend Announcement
• Majaung Latexindo does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Majaung Latexindo dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Majaung Latexindo Dividend History
Majaung Latexindo Dividend Yield
Majaung Latexindo current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Majaung Latexindo stock? Use our calculator to estimate your expected dividend yield:
Majaung Latexindo Financial Ratios
P/E ratio45.70
PEG ratio0.46
P/B ratio0.67
ROE1.47%
Payout ratio0.00%
Current ratio5.40
Quick ratio4.25
Cash Ratio0.02
Majaung Latexindo Dividend FAQ
Does Majaung Latexindo stock pay dividends?
Majaung Latexindo does not currently pay dividends to its shareholders.
Has Majaung Latexindo ever paid a dividend?
No, Majaung Latexindo has no a history of paying dividends to its shareholders. Majaung Latexindo is not known for its dividend payments.
Why doesn't Majaung Latexindo pay dividends?
There are several potential reasons why Majaung Latexindo 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.
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 Majaung Latexindo 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 Majaung Latexindo 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 Majaung Latexindo a dividend aristocrat?
Majaung Latexindo 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 Majaung Latexindo a dividend king?
Majaung Latexindo 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 Majaung Latexindo a dividend stock?
No, Majaung Latexindo 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 Majaung Latexindo stocks?
To buy Majaung Latexindo 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 Majaung Latexindo 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 Majaung Latexindo 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.