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Malaysia Marine and Heavy Engineering Holdings Berhad, an investment holding company, provides marine and heavy engineering solutions for offshore and onshore facilities, and vessels in Malaysia. It operates through Heavy Engineering, Marine, and Plant Turnaround & Shutdown Maintenance segments. The company offers fabrication services for offshore and onshore facilities, which include deepwater facilities, fixed platforms, process modules, wind farms, and other services. It also provides drydocking repair, refurbishment and upgrading, afloat repair, conversion, modification, life extension, retrofitting, and other typical shipyard works for merchant vessels, such as liquefied natural gas carriers, very large crude carriers, products and chemical tankers, bulkers, container vessels, and general cargoes vessels, as well as floaters, including floating production storage and offloading, floating storage and offloading, floating storage regasification units, floating storage units, and mobile offshore production units. In addition, the company offers remote maintenance for liquefied natural gas floaters at offshore locations comprising cargo tank integrity tests, inspections, and maintenance; and jumboisation, modification and lengthening, conversion and jack-up/semi-submersible rigs repairs, and conversion solutions. Further, it provides range of mechanical maintenance and minor engineering, procurement, fabrication, and installation services for the onshore oil and gas industry. The company was formerly known as MSE Holdings Berhad and changed its name to Malaysia Marine and Heavy Engineering Holdings Berhad in June 2010. The company was incorporated in 1989 and is based in Kuala Lumpur, Malaysia. Malaysia Marine and Heavy Engineering Holdings Berhad is a subsidiary of MISC Berhad.

Malaysia Marine and Heavy Engineering Berhad Dividend Announcement

• Malaysia Marine and Heavy Engineering Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2023-02-24
• Malaysia Marine and Heavy Engineering Berhad annual dividend for 2023 was RM0.01
• Malaysia Marine and Heavy Engineering Berhad's trailing twelve-month (TTM) dividend yield is -%

Malaysia Marine and Heavy Engineering Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-02-24RM0.01annually
2018-02-21RM0.03annually
2014-05-22RM0.05annually
2013-06-14RM0.10annually
2012-06-11RM0.10annually
2011-09-26RM0.05annually

Malaysia Marine and Heavy Engineering Berhad Dividend per year

Malaysia Marine and Heavy Engineering Berhad Dividend growth

Malaysia Marine and Heavy Engineering Berhad Dividend Yield

Malaysia Marine and Heavy Engineering Berhad current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Malaysia Marine and Heavy Engineering Berhad stock? Use our calculator to estimate your expected dividend yield:

Malaysia Marine and Heavy Engineering Berhad Financial Ratios

P/E ratio6.05
PEG ratio0.06
P/B ratio0.46
ROE7.99%
Payout ratio0.00%
Current ratio0.93
Quick ratio0.93
Cash Ratio0.18

Malaysia Marine and Heavy Engineering Berhad Dividend FAQ

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