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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 dateDividend amountDividend typePay date
2024-06-14RM0.23annually
2023-06-19RM0.25annually
2022-06-20RM0.20annually
2021-06-21RM0.05annually
2020-06-22RM0.12annually
2019-06-17RM0.20annually
2018-06-08RM0.25annually
2017-06-16RM0.22annually
2016-06-08RM0.20annually
2014-06-09RM0.14annually
2013-06-04RM0.14annually
2012-05-25RM0.14annually

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

P/E ratio5.54
PEG ratio-0.08
P/B ratio0.47
ROE8.48%
Payout ratio24.02%
Current ratio1.29
Quick ratio0.64
Cash Ratio0.11

Petron Malaysia Refining & Marketing Dividend FAQ

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