Rimbunan Sawit Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia. It offers crude palm oil, fresh fruit bunches, and palm kernel. The company owns plantation land in Miri, Kuching, and Sibu, Sarawak; and operates a palm oil mill in Bok Land District, Miri, Sarawak. In addition, it engages in the provision of management services. The company was founded in 1993 and is headquartered in Sibu, Malaysia.
Rimbunanwit Berhad Dividend Announcement
• Rimbunanwit Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2013-07-29
• Rimbunanwit Berhad's trailing twelve-month (TTM) dividend yield is -%
Rimbunanwit Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2013-07-29 | RM0.01 | annually | |
| 2012-06-20 | RM0.01 | annually | |
| 2011-05-27 | RM0.00 | annually | |
| 2010-02-17 | RM0.02 | annually | |
| 2009-02-18 | RM0.03 | annually | |
| 2008-02-19 | RM0.03 | annually | |
| 2007-02-15 | RM0.02 | annually |
Rimbunanwit Berhad Dividend per year
Rimbunanwit Berhad Dividend growth
Rimbunanwit Berhad Dividend Yield
Rimbunanwit Berhad current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Rimbunanwit Berhad stock? Use our calculator to estimate your expected dividend yield:
Rimbunanwit Berhad Financial Ratios
P/E ratio13.72
PEG ratio0.14
P/B ratio1.25
ROE9.24%
Payout ratio0.00%
Current ratio0.65
Quick ratio0.60
Cash Ratio0.19
Rimbunanwit Berhad Dividend FAQ
Does Rimbunanwit Berhad stock pay dividends?
Rimbunanwit Berhad does not currently pay dividends to its shareholders.
Has Rimbunanwit Berhad ever paid a dividend?
No, Rimbunanwit Berhad has no a history of paying dividends to its shareholders. Rimbunanwit Berhad is not known for its dividend payments.
Why doesn't Rimbunanwit Berhad pay dividends?
There are several potential reasons why Rimbunanwit Berhad 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 Rimbunanwit Berhad 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 Rimbunanwit Berhad 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 Rimbunanwit Berhad a dividend aristocrat?
Rimbunanwit Berhad 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 Rimbunanwit Berhad a dividend king?
Rimbunanwit Berhad 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 Rimbunanwit Berhad a dividend stock?
No, Rimbunanwit Berhad 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 Rimbunanwit Berhad stocks?
To buy Rimbunanwit Berhad 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 Rimbunanwit Berhad 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 Rimbunanwit Berhad 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.