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Sarawak Oil Palms Berhad, an investment holding company, engages in the Cultivation, processing, refining, and trading of palm products and operates palm oil mills in Malaysia, the Asia Pacific, and internationally. It operates through two segments, Oil Palm and Property Development. The company processes fresh fruit bunches into crude palm oil. As of December 31, 2022, it owned a landbank of approximately 123,034 hectares. The company also engages in the refining crude palm oil and crushing palm kernels into refined, bleached, and deodorised (RBD) palm oil; RBD olein; RBD stearin; palm fatty acid distillates; palm kernel expellers; and crude palm kernel oil. In addition, it offers tocotrienols and palm beta carotene. Further, the company is involved in the provision of insurance and transportation services, and corporate support and services; development of residential and commercial properties; processing of oil palm by-products into fertilizers; packaging and distribution of cooking oil; marketing, selling, and distribution of health and food products; manufacture of biodiesel and phytonutrient products; issuance of bonds; and management and maintenance of roads and barges, as well as physiotherapy and training centre, and health and medical related activities. Sarawak Oil Palms Berhad was incorporated in 1968 and is headquartered in Miri, Malaysia.

Sarawak Oil Palms Berhad Dividend Announcement

• Sarawak Oil Palms Berhad announced a semi annually dividend of RM0.04 per ordinary share which will be made payable on . Ex dividend date: 2024-09-17
• Sarawak Oil Palms Berhad annual dividend for 2024 was RM0.10
• Sarawak Oil Palms Berhad annual dividend for 2023 was RM0.10
• Sarawak Oil Palms Berhad's trailing twelve-month (TTM) dividend yield is 4.46%
• Sarawak Oil Palms Berhad's payout ratio for the trailing twelve months (TTM) is 22.61%
• Sarawak Oil Palms Berhad's dividend growth over the last five years (2018-2023) was 10.76% year
• Sarawak Oil Palms Berhad's dividend growth over the last ten years (2013-2023) was 5.84% year

Sarawak Oil Palms Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17RM0.04semi annually
2024-06-27RM0.06semi annually
2023-12-19RM0.04semi annually
2023-06-28RM0.06semi annually
2022-09-14RM0.04semi annually
2022-06-29RM0.06semi annually
2021-12-15RM0.04semi annually
2021-06-29RM0.06semi annually
2020-07-16RM0.05semi annually
2019-06-27RM0.05semi annually
2018-06-27RM0.06semi annually
2017-06-28RM0.05semi annually
2016-06-28RM0.05semi annually
2015-06-26RM0.05semi annually
2014-06-26RM0.05semi annually
2013-06-26RM0.06semi annually

Sarawak Oil Palms Berhad Dividend per year

Sarawak Oil Palms Berhad Dividend growth

Sarawak Oil Palms Berhad Dividend Yield

Sarawak Oil Palms Berhad current trailing twelve-month (TTM) dividend yield is 4.46%. Interested in purchasing Sarawak Oil Palms Berhad stock? Use our calculator to estimate your expected dividend yield:

Sarawak Oil Palms Berhad Financial Ratios

P/E ratio7.11
PEG ratio0.41
P/B ratio0.77
ROE11.09%
Payout ratio22.61%
Current ratio4.25
Quick ratio3.27
Cash Ratio1.10

Sarawak Oil Palms Berhad Dividend FAQ

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