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PT Mitra International Resources Tbk, together with its subsidiaries, provides land transportation services in Indonesia. The company offers transportation services to automobile assembling industry; logistics and warehousing services, including handles loading and unloading of goods in warehouses; on shore and offshore support services for energy, oil, and gas sectors; and building management services, as well as industrial support services, as well as operates a mixer truck fleet for carrying out projects in Central Java and East Java. It also provides manufacturing services of various car body products, such as flat truck deck truck, dump truck, box, and wing box. As of December 31, 2020, the company operated 382 trucks. The company was formerly known as PT Mitra Rajasa and changed its name to PT Mitra International Resources Tbk in October 2009. PT Mitra International Resources Tbk was incorporated in 1979 and is headquartered in Jakarta Selatan, Indonesia.

Mitra International Resources Dividend Announcement

• Mitra International Resources does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Mitra International Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Mitra International Resources Dividend History

Mitra International Resources Dividend Yield

Mitra International Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mitra International Resources stock? Use our calculator to estimate your expected dividend yield:

Mitra International Resources Financial Ratios

P/E ratio-3.27
PEG ratio-0.01
P/B ratio0.23
ROE-6.87%
Payout ratio0.00%
Current ratio0.66
Quick ratio0.61
Cash Ratio0.00

Mitra International Resources Dividend FAQ

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