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Radium Development Berhad, an investment holding company, engages in the property development business in Malaysia. It also provides management services; and operates in hotel business. The company was formerly known as Radium Development Sdn Bhd and changed its name to Radium Development Berhad in September 2021. The company was incorporated in 2013 and is based in Kuala Lumpur, Malaysia.

Radium Development Berhad Dividend Announcement

Radium Development Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-04-04
Radium Development Berhad annual dividend for 2024 was RM0.01
Radium Development Berhad annual dividend for 2023 was RM0.01
Radium Development Berhad's trailing twelve-month (TTM) dividend yield is 2.06%
Radium Development Berhad's payout ratio for the trailing twelve months (TTM) is 252.62%

Radium Development Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-04RM0.01annually
2023-07-17RM0.01annually

Radium Development Berhad Dividend per year

Radium Development Berhad Dividend Yield

Radium Development Berhad current trailing twelve-month (TTM) dividend yield is 2.06%. Interested in purchasing Radium Development Berhad stock? Use our calculator to estimate your expected dividend yield:

Radium Development Berhad Financial Ratios

P/E ratio122.52
PEG ratio1.23
P/B ratio2.22
ROE1.76%
Payout ratio252.62%
Current ratio7.13
Quick ratio3.97
Cash Ratio1.40

Radium Development Berhad Dividend FAQ

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