PT Multistrada Arah Sarana Tbk, together with its subsidiaries, manufactures, distributes, and markets tires for motor vehicles. It offers passenger car, sport utility vehicle, and light truck tires under the Achilles brand; and two wheeled vehicle tires under the Corsa brand.The company also imports and distributes tires for passenger cars, trucks, buses, and motorcycles under the Michelin brand; and provides industrial estate management services. It sells its products in Indonesia, the Middle East, Europe, Australia, Africa, Asia, and the United States. The company was formerly known as PT Oroban Perkasa and changed its name to PT Multistrada Arah Sarana Tbk in December 1996. PT Multistrada Arah Sarana Tbk was incorporated in 1988 and is based in Bekasi, Indonesia. PT Multistrada Arah Sarana Tbk is a subsidiary of Compagnie Générale des Établissements Michelin.
Multistrada Arahrana Dividend Announcement
• Multistrada Arahrana announced a annually dividend of Rp37.00 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-05-28
• Multistrada Arahrana annual dividend for 2024 was Rp37.00
• Multistrada Arahrana annual dividend for 2023 was Rp31.00
• Multistrada Arahrana's trailing twelve-month (TTM) dividend yield is 0.6%
• Multistrada Arahrana's payout ratio for the trailing twelve months (TTM) is 75.62%
Multistrada Arahrana Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | Rp37.00 | annually | 2024-06-14 |
2023-06-22 | Rp31.00 | annually | 2023-07-14 |
2015-06-24 | Rp2.00 | annually | |
2014-08-04 | Rp1.00 | annually | |
2012-08-06 | Rp2.00 | annually | |
2011-07-14 | Rp1.00 | annually | |
2010-07-22 | Rp1.00 | annually | |
2008-07-15 | Rp1.00 | annually | |
2007-06-22 | Rp1.00 | annually | |
2006-06-21 | Rp3.00 | annually |
Multistrada Arahrana Dividend per year
Multistrada Arahrana Dividend growth
Multistrada Arahrana Dividend Yield
Multistrada Arahrana current trailing twelve-month (TTM) dividend yield is 0.6%. Interested in purchasing Multistrada Arahrana stock? Use our calculator to estimate your expected dividend yield:
Multistrada Arahrana Financial Ratios
Multistrada Arahrana Dividend FAQ
Other factors to consider when evaluating Multistrada Arahrana as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Multistrada Arahrana's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Multistrada Arahrana publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Multistrada Arahrana distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Multistrada Arahrana are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Multistrada Arahrana sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Multistrada Arahrana distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Multistrada Arahrana declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Multistrada Arahrana's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Multistrada Arahrana's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.