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Rimbaco Group Global Limited operates as a building construction contractor primarily in Malaysia. The company offers building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings, such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complexes. It also undertakes small-scale ancillary construction works comprising renovation, repair, and electrical works; and rents construction equipment. The company was founded in 1985 and is headquartered in Penang, Malaysia.

Rimbaco Global Dividend Announcement

• Rimbaco Global announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2023-07-28. Ex dividend date: 2023-07-10
• Rimbaco Global annual dividend for 2023 was HK$0.03
• Rimbaco Global's trailing twelve-month (TTM) dividend yield is -%
• Rimbaco Global's payout ratio for the trailing twelve months (TTM) is 271.46%

Rimbaco Global Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-10HK$0.03annually2023-07-28
2022-07-11HK$0.02annually2022-07-28

Rimbaco Global Dividend per year

Rimbaco Global Dividend Yield

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

Rimbaco Global Financial Ratios

P/E ratio11.66
PEG ratio-1.55
P/B ratio0.66
ROE5.57%
Payout ratio271.46%
Current ratio2.21
Quick ratio2.21
Cash Ratio0.44

Rimbaco Global Dividend FAQ

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