Petron Malaysia Refining & Marketing Bhd engages in manufacturing and marketing of petroleum products in Peninsular Malaysia. It offers a range of petroleum products, which include gasoline, diesel, aviation fuel, lubricants, greases, and other products, as well as liquefied petroleum gas to residential and commercial customers. The company was founded in 1893 and is based in Kuala Lumpur, Malaysia. The company is a subsidiary of Petron Oil & Gas International Sdn. Bhd.
Petron Malaysia Refining & Marketing Dividend Announcement
• Petron Malaysia Refining & Marketing announced a annually dividend of RM0.23 per ordinary share which will be made payable on . Ex dividend date: 2024-06-14
• Petron Malaysia Refining & Marketing annual dividend for 2024 was RM0.23
• Petron Malaysia Refining & Marketing annual dividend for 2023 was RM0.25
• Petron Malaysia Refining & Marketing's trailing twelve-month (TTM) dividend yield is 5.44%
• Petron Malaysia Refining & Marketing's payout ratio for the trailing twelve months (TTM) is 24.02%
Petron Malaysia Refining & Marketing Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | RM0.23 | annually | |
2023-06-19 | RM0.25 | annually | |
2022-06-20 | RM0.20 | annually | |
2021-06-21 | RM0.05 | annually | |
2020-06-22 | RM0.12 | annually | |
2019-06-17 | RM0.20 | annually | |
2018-06-08 | RM0.25 | annually | |
2017-06-16 | RM0.22 | annually | |
2016-06-08 | RM0.20 | annually | |
2014-06-09 | RM0.14 | annually | |
2013-06-04 | RM0.14 | annually | |
2012-05-25 | RM0.14 | annually |
Petron Malaysia Refining & Marketing Dividend per year
Petron Malaysia Refining & Marketing Dividend growth
Petron Malaysia Refining & Marketing Dividend Yield
Petron Malaysia Refining & Marketing current trailing twelve-month (TTM) dividend yield is 5.44%. Interested in purchasing Petron Malaysia Refining & Marketing stock? Use our calculator to estimate your expected dividend yield:
Petron Malaysia Refining & Marketing Financial Ratios
Petron Malaysia Refining & Marketing 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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