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Propel Global Bhd is engaged in three business segments Oil & Gas, Technical Services and Others. It derives key revenue from the Technical Services segment which provides services in industrial, commercial, residential construction and office maintenance. The Oil & Gas segment is involved in the supply of specialty chemicals & catalysts, provision of heavy machineries & related manpower services, maintenance services for air conditioning & ventilation system, specialized oilfield services in pipe recovery, well intervention & diagnostic, sand management and production enhancement to the oil and gas industry. Other segment include Investment holding & business. Geographically it operates in Malaysia and Other countries, out of which the majority of its revenue is from the domestic market.

Propel Global Dividend Announcement

Propel Global announced a annually dividend of RM0.00 per ordinary share which will be made payable on . Ex dividend date: 2013-07-29
Propel Global's trailing twelve-month (TTM) dividend yield is -%

Propel Global Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-07-29RM0.00annually
2012-07-27RM0.00annually
2011-06-28RM0.00annually
2010-06-24RM0.00annually
2009-06-19RM0.00annually
2008-06-23RM0.00annually

Propel Global Dividend per year

Propel Global Dividend growth

Propel Global Dividend Yield

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

Propel Global Financial Ratios

P/E ratio13.00
PEG ratio0.52
P/B ratio0.75
ROE6.15%
Payout ratio0.00%
Current ratio1.72
Quick ratio1.61
Cash Ratio0.21

Propel Global Dividend FAQ

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