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PT Asiaplast Industries Tbk manufactures and sells plastic sheets in Indonesia and internationally. The company operates through Plastic and Electronics segments. The company offers flexible films and sheets for use in office equipment, overlay furniture and home appliances, promotion media, raincoats, packaging products, etc.; leatherette for use in fashion products, automotive interior, furniture, tents, etc.; and rigid films and sheets for use in pharmaceutical grade blisters, food grade packaging products, boxes and window boxes, thermoform packaging products, etc. It also provides polyethylene terephthalate sheets for use in drinking cups and lids, food packaging, cosmetic trays and window boxes, electronic packagings and semi conductor trays, automotive spare part packagings, pharmaceutical blisters, etc.; and thermoforming products. PT Asiaplast Industries Tbk was formerly known as PT Akasa Pandukarya. The company was incorporated in 1992 and is headquartered in Tangerang, Indonesia. PT Asiaplast Industries Tbk is a subsidiary of PT Maco Amangraha.

PT Asiaplast Industries Dividend Announcement

• PT Asiaplast Industries announced a annually dividend of Rp5.50 per ordinary share which will be made payable on 2024-07-04. Ex dividend date: 2024-06-11
• PT Asiaplast Industries annual dividend for 2024 was Rp5.50
• PT Asiaplast Industries's trailing twelve-month (TTM) dividend yield is 0.94%

PT Asiaplast Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-11Rp5.50annually2024-07-04
2011-07-22Rp20.00annually

PT Asiaplast Industries Dividend per year

PT Asiaplast Industries Dividend Yield

PT Asiaplast Industries current trailing twelve-month (TTM) dividend yield is 0.94%. Interested in purchasing PT Asiaplast Industries stock? Use our calculator to estimate your expected dividend yield:

PT Asiaplast Industries Financial Ratios

P/E ratio21.76
PEG ratio0.12
P/B ratio2.30
ROE10.89%
Payout ratio0.00%
Current ratio2.94
Quick ratio2.24
Cash Ratio1.38

PT Asiaplast Industries Dividend FAQ

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