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Senheng New Retail Berhad, an investment holding company, operates as a consumer electrical and electronics chain retailer in Malaysia. It operates in two segments: Trading Division, and Warranty Division. The company offers digital gadgets, audio visuals, home appliances, and other related products. In addition, it provides delivery, installation, maintenance, and repair services; and warranty services. Further, the company engages in the provision of captive insurance. It operates physical stores under the Grand Senheng Elite, Grand Senheng, and Senheng brand names; and senQ and Grand senQ digital stations. The company was incorporated in 1989 and is headquartered in Kuala Lumpur, Malaysia. Senheng New Retail Berhad operates as a subsidiary of Sq Digital Sdn Bhd.

Senheng New Retail Dividend Announcement

Senheng New Retail announced a annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-05-14
Senheng New Retail annual dividend for 2024 was RM0.01
Senheng New Retail annual dividend for 2023 was RM0.01
Senheng New Retail's trailing twelve-month (TTM) dividend yield is 2.12%

Senheng New Retail Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-14RM0.01annually
2023-05-26RM0.01annually
2022-09-26RM0.01annually
2022-04-11RM0.01annually

Senheng New Retail Dividend per year

Senheng New Retail Dividend growth

Senheng New Retail Dividend Yield

Senheng New Retail current trailing twelve-month (TTM) dividend yield is 2.12%. Interested in purchasing Senheng New Retail stock? Use our calculator to estimate your expected dividend yield:

Senheng New Retail Financial Ratios

P/E ratio16.26
PEG ratio2.90
P/B ratio0.66
ROE4.07%
Payout ratio0.00%
Current ratio2.08
Quick ratio0.93
Cash Ratio0.34

Senheng New Retail Dividend FAQ

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