Oceancash Pacific Berhad, an investment holding company, manufactures and trades in non-woven products in Malaysia, Indonesia, Japan, Thailand, and internationally. The company operates through two segments, Insulation and Hygiene. It manufactures, distributes, and trades in resinated and thermoplastic felts for interior and exterior trims in automobiles and air conditioning compressors, as well as thermal insulation in buildings, including roofs, ceilings, walls, and partitions. The company also offers air-through and thermal bonded nonwoven fabric products for use in top-sheets, second layers, acquisition distribution layers, and back-sheets for baby diapers, sanitary napkins, and wet wipes, as well as surgical apparels comprising caps, masks, and gowns. In addition, it manufactures parts and accessories for vehicles; and offers management services. Its products are used in building, dBtex ceiling board, and mattresses. The company was founded in 1996 and is headquartered in Bandar Baru Bangi, Malaysia.
Oceancash Pacific Berhad Dividend Announcement
• Oceancash Pacific Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on 2023-12-29. Ex dividend date: 2023-12-12
• Oceancash Pacific Berhad annual dividend for 2023 was RM0.01
• Oceancash Pacific Berhad's trailing twelve-month (TTM) dividend yield is 1.22%
• Oceancash Pacific Berhad's payout ratio for the trailing twelve months (TTM) is 69.39%
• Oceancash Pacific Berhad's dividend growth over the last five years (2018-2023) was -12.94% year
• Oceancash Pacific Berhad's dividend growth over the last ten years (2013-2023) was 2.26% year
Oceancash Pacific Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-12-12 | RM0.01 | annually | 2023-12-29 |
2022-12-13 | RM0.01 | annually | 2022-12-30 |
2021-12-07 | RM0.01 | annually | 2021-12-30 |
2020-12-08 | RM0.01 | annually | 2020-12-31 |
2019-12-11 | RM0.01 | annually | 2019-12-27 |
2018-12-14 | RM0.01 | annually | 2018-12-31 |
2017-12-08 | RM0.01 | annually | 2017-12-29 |
2016-12-09 | RM0.01 | annually | |
2015-12-08 | RM0.01 | annually | |
2014-12-08 | RM0.01 | annually | |
2013-12-10 | RM0.00 | annually | |
2012-12-11 | RM0.00 | annually |
Oceancash Pacific Berhad Dividend per year
Oceancash Pacific Berhad Dividend growth
Oceancash Pacific Berhad Dividend Yield
Oceancash Pacific Berhad current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Oceancash Pacific Berhad stock? Use our calculator to estimate your expected dividend yield:
Oceancash Pacific Berhad Financial Ratios
Oceancash Pacific Berhad Dividend FAQ
Other factors to consider when evaluating Oceancash Pacific Berhad 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: Oceancash Pacific Berhad'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, Oceancash Pacific Berhad 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, Oceancash Pacific Berhad 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 Oceancash Pacific Berhad 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: Oceancash Pacific Berhad 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, Oceancash Pacific Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Oceancash Pacific Berhad 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 Oceancash Pacific Berhad'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 Oceancash Pacific Berhad'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.