PT Multi Spunindo Jaya Tbk manufactures and markets nonwoven materials in Indonesia and internationally. The company offers polypropylene, polyester (PET), polyethylene (PE), bicomponent PET/PE, biodegradable, and 3D embossed spunbond materials; meltblown and spunmelt materials; and ready-made nonwoven composite materials for use in personal care and hygiene, medical, agriculture and horticulture, geotextile, building and construction, automotive, household and furnishing, filtration, clothing and shoes, absorbent and wiping materials, packaging and miscellaneous, and FRP pipe industries. It also engages in the plastic recycling industry and trading activities. The company was founded in 1997 and is based in Sidoarjo, Indonesia. PT Multi Spunindo Jaya Tbk is a subsidiary of PT Maju Selaras Jayamerta.
Multi Spunindo Jaya Dividend Announcement
• Multi Spunindo Jaya announced a annually dividend of Rp5.00 per ordinary share which will be made payable on 2024-07-19. Ex dividend date: 2024-06-28
• Multi Spunindo Jaya annual dividend for 2024 was Rp5.00
• Multi Spunindo Jaya's trailing twelve-month (TTM) dividend yield is 20548.17%
Multi Spunindo Jaya Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | Rp5.00 | annually | 2024-07-19 |
Multi Spunindo Jaya Dividend per year
Multi Spunindo Jaya Dividend Yield
Multi Spunindo Jaya current trailing twelve-month (TTM) dividend yield is 20548.17%. Interested in purchasing Multi Spunindo Jaya stock? Use our calculator to estimate your expected dividend yield:
Multi Spunindo Jaya Financial Ratios
Multi Spunindo Jaya 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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