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PT. Verena Multi Finance Tbk provides consumer finance and finance leasing services to individuals and financial institutions in Indonesia. The company offers financing for new and used cars; and investment and working capital financing services, as well as financial leasing for heavy equipment and production machines. It operates through 21 branches in Bandung, Bogor, Cikarang, Depok, Jakarta, Jambi, Kediri, Makassar, Malang, Medan, Palembang, Pekanbaru, Samarinda, Serang, Surabaya, and Tangerang cities. The company was formerly known as PT. Verena Oto Finance Tbk and changed its name to PT. Verena Multi Finance Tbk in January 2011. PT. Verena Multi Finance Tbk was founded in 1993 and is headquartered in Jakarta Pusat, Indonesia. PT. Verena Multi Finance Tbk is a subsidiary of Mizuho Leasing Company, Limited

PT. Verena Multi Finance Dividend Announcement

• PT. Verena Multi Finance does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on PT. Verena Multi Finance dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

PT. Verena Multi Finance Dividend History

PT. Verena Multi Finance Dividend Yield

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

PT. Verena Multi Finance Financial Ratios

P/E ratio10.56
PEG ratio2.37
P/B ratio0.68
ROE6.51%
Payout ratio0.00%
Current ratio5.33
Quick ratio5.33
Cash Ratio5.33

PT. Verena Multi Finance Dividend FAQ

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