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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-10 | HK$0.03 | annually | 2023-07-28 |
2022-07-11 | HK$0.02 | annually | 2022-07-28 |
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
Rimbaco Global Dividend FAQ
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.
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