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Perak Transit Berhad, an investment holding company, develops, owns, and operates an integrated public transportation terminal (IPTT) in Malaysia. The company operates through five segments: IPTT Operations, Bus Operations, Petrol Stations Operations, Mining Management Operations, and Telecommunication Tower Construction Operations. It operates Terminal Meru Raya and Kampar Putra Sentral, which are integrated public transportation terminals; operates stage and express buses, as well as provides bus charter and advertising services; and offers transportation services. The company also operates petrol stations in Ipoh, Lahat, and Kuala Kangsar, Perak; provides management services for bus operations; and offers human resource management services, as well as engages in mining management and telecommunication tower construction operations comprising construction and engineering services for the building of telecommunication towers. As of December 31, 2022, it operated 152 buses comprising 110 stage buses, 37 express buses, and 5 Perak Hop-On Hop-Off buses. The company was founded in 2006 and is based in Ipoh, Malaysia.

Perak Transit Berhad Dividend Announcement

• Perak Transit Berhad announced a quarterly dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-10-29
• Perak Transit Berhad annual dividend for 2024 was RM0.03
• Perak Transit Berhad annual dividend for 2023 was RM0.04
• Perak Transit Berhad's trailing twelve-month (TTM) dividend yield is 3.4%
• Perak Transit Berhad's payout ratio for the trailing twelve months (TTM) is 35.64%
• Perak Transit Berhad's dividend growth over the last five years (2018-2023) was 25.66% year

Perak Transit Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-29RM0.01quarterly
2024-08-05RM0.01quarterly
2024-05-02RM0.01quarterly
2024-01-24RM0.01quarterly
2023-10-26RM0.01quarterly
2023-08-02RM0.01quarterly
2023-04-28RM0.01quarterly
2023-02-02RM0.01quarterly
2022-10-27RM0.01quarterly
2022-08-03RM0.01quarterly
2022-04-28RM0.01quarterly
2022-01-25RM0.01quarterly
2021-10-29RM0.01quarterly
2021-08-03RM0.01quarterly
2021-04-30RM0.01quarterly
2020-12-22RM0.00quarterly
2020-10-22RM0.00quarterly
2020-08-28RM0.00quarterly
2020-04-30RM0.00quarterly
2019-12-04RM0.01quarterly
2019-01-15RM0.00quarterly
2018-11-26RM0.01quarterly
2018-05-25RM0.01quarterly
2018-01-18RM0.00quarterly
2017-11-22RM0.00quarterly
2017-08-24RM0.00quarterly
2017-04-26RM0.00quarterly
2016-12-28RM0.00quarterly

Perak Transit Berhad Dividend per year

Perak Transit Berhad Dividend growth

Perak Transit Berhad Dividend Yield

Perak Transit Berhad current trailing twelve-month (TTM) dividend yield is 3.4%. Interested in purchasing Perak Transit Berhad stock? Use our calculator to estimate your expected dividend yield:

Perak Transit Berhad Financial Ratios

P/E ratio11.73
PEG ratio0.24
P/B ratio1.21
ROE10.59%
Payout ratio35.64%
Current ratio1.17
Quick ratio1.16
Cash Ratio0.74

Perak Transit Berhad Dividend FAQ

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