REDtone Digital Berhad, an investment holding company, provides integrated telecommunications and digital infrastructure services in Malaysia. The company offers telecommunication services, such as broadband and data, managed, and voice services. It also provides managed telecommunications network services, including WIFI and telco engineering; and industry digital services comprising Internet of Things, flexicloud, healthcare, and data center and disaster recovery. In addition, the company engages in the research, development, and marketing of computer-telephony integration products; and provision of telecommunication related products and services, and information technology services. Further, it offers system integration and software solutions and trades in computer hardware. Additionally, the company provides fibre optic transmission network and project management services related to telecommunications. The company was formerly known as REDtone International Berhad. The company was incorporated in 1996 and is headquartered in Puchong, Malaysia. REDtone Digital Berhad is a subsidiary of Berjaya Group Berhad.
REDtone Digital Berhad Dividend Announcement
• REDtone Digital Berhad announced a annually dividend of RM0.03 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-26
• REDtone Digital Berhad annual dividend for 2024 was RM0.03
• REDtone Digital Berhad annual dividend for 2023 was RM0.03
• REDtone Digital Berhad's trailing twelve-month (TTM) dividend yield is 3.21%
• REDtone Digital Berhad's payout ratio for the trailing twelve months (TTM) is 33.18%
REDtone Digital Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-26 | RM0.03 | annually | 2024-10-18 |
2023-09-27 | RM0.03 | annually | 2023-10-16 |
2022-10-31 | RM0.02 | annually | 2022-11-22 |
2021-10-29 | RM0.02 | annually | 2021-11-18 |
2020-09-08 | RM0.02 | annually | 2020-10-08 |
2019-09-10 | RM0.01 | annually | 2019-10-10 |
2015-11-11 | RM0.00 | annually | |
2015-01-22 | RM0.01 | annually | |
2013-10-09 | RM0.01 | annually | |
2006-09-01 | RM0.04 | annually | |
2005-06-02 | RM0.06 | annually | |
2004-06-17 | RM0.04 | annually |
REDtone Digital Berhad Dividend per year
REDtone Digital Berhad Dividend growth
REDtone Digital Berhad Dividend Yield
REDtone Digital Berhad current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing REDtone Digital Berhad stock? Use our calculator to estimate your expected dividend yield:
REDtone Digital Berhad Financial Ratios
REDtone Digital Berhad Dividend FAQ
Other factors to consider when evaluating REDtone Digital Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: REDtone Digital Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, REDtone Digital Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, REDtone Digital Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from REDtone Digital Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: REDtone Digital Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, REDtone Digital Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: REDtone Digital Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of REDtone Digital Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review REDtone Digital Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.