PT Red Planet Indonesia Tbk, together with its subsidiaries, engages in the hospitality business in Indonesia. It owns and operates eight hotels located in Jakarta, Bekasi, Makassar, Palembang, Pekanbaru, Solo, Surabaya, and Bukittinggi. The company was formerly known as PT Pusako Tarinka Tbk and changed its name to PT Red Planet Indonesia Tbk in May 2014. PT Red Planet Indonesia Tbk was founded in 1989 and is headquartered in Jakarta, Indonesia.
Red Planet Indonesia Dividend Announcement
• Red Planet Indonesia announced a annually dividend of Rp0.98 per ordinary share which will be made payable on . Ex dividend date: 2011-12-14
• Red Planet Indonesia's trailing twelve-month (TTM) dividend yield is -%
Red Planet Indonesia Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-12-14 | Rp0.98 | annually |
Red Planet Indonesia Dividend per year
Red Planet Indonesia Dividend Yield
Red Planet Indonesia current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Red Planet Indonesia stock? Use our calculator to estimate your expected dividend yield:
Red Planet Indonesia Financial Ratios
P/E ratio-29.46
PEG ratio-0.53
P/B ratio0.77
ROE-2.61%
Payout ratio0.00%
Current ratio0.36
Quick ratio0.36
Cash Ratio0.22
Red Planet Indonesia Dividend FAQ
Does Red Planet Indonesia stock pay dividends?
Red Planet Indonesia does not currently pay dividends to its shareholders.
Has Red Planet Indonesia ever paid a dividend?
No, Red Planet Indonesia has no a history of paying dividends to its shareholders. Red Planet Indonesia is not known for its dividend payments.
Why doesn't Red Planet Indonesia pay dividends?
There are several potential reasons why Red Planet Indonesia 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.
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 Red Planet Indonesia 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 Red Planet Indonesia 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 Red Planet Indonesia a dividend aristocrat?
Red Planet Indonesia 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 Red Planet Indonesia a dividend king?
Red Planet Indonesia 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 Red Planet Indonesia a dividend stock?
No, Red Planet Indonesia 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 Red Planet Indonesia stocks?
To buy Red Planet Indonesia 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 Red Planet Indonesia 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.
Place an order: Use the brokerage's trading platform to place an order to buy Red Planet Indonesia 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.