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PT Rig Tenders Indonesia Tbk provides marine logistics services for the oil and coal industry in Indonesia. It operates in two segments, Mining Commodities and Offshore. The Mining Commodities segment charters tugboats and barges to coal mining companies for the transportation of coal and other bulk aggregates. The Offshore segment charters supply vessels and accommodation work barges to upstream oil and gas companies for supporting their offshore operations. The company also offers catering, ship and crew management, and bunker services. As of June 30, 2021, it owned 36 tug boats, 7 self-discharging barges, and 20 barges. The company was incorporated in 1974 and is headquartered in Jakarta, Indonesia. PT Rig Tenders Indonesia Tbk is a subsidiary of Scomi Marine Services Pte Ltd. As of November 16, 2021, PT Rig Tenders Indonesia Tbk operates as a subsidiary of PT Surya Indah Muara Pantai.

Rig Tenders Indonesia Dividend Announcement

Rig Tenders Indonesia announced a semi annually dividend of Rp20.00 per ordinary share which will be made payable on . Ex dividend date: 2009-12-08
Rig Tenders Indonesia's trailing twelve-month (TTM) dividend yield is -%

Rig Tenders Indonesia Dividend History

Ex-Div dateDividend amountDividend typePay date
2009-12-08Rp20.00semi annually
2008-12-04Rp20.00semi annually
2008-07-04Rp25.00semi annually
2007-07-05Rp20.00semi annually
2006-07-10Rp60.00semi annually
2005-07-07Rp50.00semi annually

Rig Tenders Indonesia Dividend per year

Rig Tenders Indonesia Dividend growth

Rig Tenders Indonesia Dividend Yield

Rig Tenders Indonesia current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rig Tenders Indonesia stock? Use our calculator to estimate your expected dividend yield:

Rig Tenders Indonesia Financial Ratios

P/E ratio4.15
PEG ratio0.49
P/B ratio0.45
ROE11.16%
Payout ratio0.00%
Current ratio23.79
Quick ratio23.20
Cash Ratio12.27

Rig Tenders Indonesia Dividend FAQ

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