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PT Mulia Industrindo Tbk, together with its subsidiaries, manufactures and sells glass in Indonesia. It offers plain and colored float glass; glass containers, such as bottles, mugs, and cups, as well as transparent and colored container glass used for packaging of food, and beverages and beer; and architectural glass blocks for application on wall and floor; automotive safety glass. It also exports its products to Asia, Australia, Europe, Africa, and the United States. It primarily sells its products to distributors and glass processors. PT Mulia Industrindo Tbk was founded in 1986 and is headquartered in South Jakarta, Indonesia.

Mulia Industrindo Dividend Announcement

• Mulia Industrindo announced a annually dividend of Rp15.00 per ordinary share which will be made payable on 2024-06-20. Ex dividend date: 2024-06-11
• Mulia Industrindo annual dividend for 2024 was Rp15.00
• Mulia Industrindo annual dividend for 2023 was Rp26.00
• Mulia Industrindo's trailing twelve-month (TTM) dividend yield is 4.57%
• Mulia Industrindo's payout ratio for the trailing twelve months (TTM) is 24.69%

Mulia Industrindo Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11Rp15.00annually2024-06-20
2023-06-08Rp26.00annually2023-06-16

Mulia Industrindo Dividend per year

Mulia Industrindo Dividend Yield

Mulia Industrindo current trailing twelve-month (TTM) dividend yield is 4.57%. Interested in purchasing Mulia Industrindo stock? Use our calculator to estimate your expected dividend yield:

Mulia Industrindo Financial Ratios

P/E ratio5.41
PEG ratio0.05
P/B ratio0.42
ROE7.95%
Payout ratio24.69%
Current ratio2.45
Quick ratio1.46
Cash Ratio0.60

Mulia Industrindo Dividend FAQ

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