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PT Sarana Mitra Luas Tbk engages in the forklift rental business in Indonesia. It offers material handling solutions, including forklift rental unit only, forklift rental with operator, output-based forklift rentals, machine installation, and forklift sales and repair services. The company provides rental services for engine counter balanced forklifts, electric counterbalance forklifts, reach trucks, warehousing equipment, and loaders, as well as forklift attachments. It serves logistics companies, food and beverage manufacturers, electronics factories, and others. PT Sarana Mitra Luas Tbk was founded in 1996 and is based in Bekasi, Indonesia.

PTrana Mitra Luas Dividend Announcement

PTrana Mitra Luas announced a annually dividend of Rp1.90 per ordinary share which will be made payable on . Ex dividend date: 2024-07-09
PTrana Mitra Luas annual dividend for 2024 was Rp1.90
PTrana Mitra Luas's trailing twelve-month (TTM) dividend yield is 0.98%

PTrana Mitra Luas Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-09Rp1.90annually

PTrana Mitra Luas Dividend per year

PTrana Mitra Luas Dividend Yield

PTrana Mitra Luas current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing PTrana Mitra Luas stock? Use our calculator to estimate your expected dividend yield:

PTrana Mitra Luas Financial Ratios

P/E ratio19.59
PEG ratio0.20
P/B ratio2.32
ROE12.09%
Payout ratio0.00%
Current ratio2.03
Quick ratio1.97
Cash Ratio0.51

PTrana Mitra Luas Dividend FAQ

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