SKP Resources Bhd, an investment holding company, manufactures and sells electrical and electronic plastic products primarily in Malaysia. It offers design and engineering, tool and die fabrication, injection molding and cosmetic finishing, contract manufacturing and component assembly, and logistics and fulfillment services. The company is also involved in property holding and letting activities; the manufacture, fabrication, and sale of moulds; and the manufacture and sale of electronic integrated circuits micro assemblies, consumer electronics, and printed circuit boards. Its products are used in office automation, IT, audio/visual, and medical equipment, as well as home appliances, automotive components, and computer peripherals. The company was formerly known as Vital Conglomerate Berhad and changed its name to SKP Resources Bhd in October 2002. SKP Resources Bhd was founded in 1974 and is headquartered in Batu Pahat, Malaysia.
SKP Resources Dividend Announcement
• SKP Resources announced a annually dividend of RM0.03 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-03
• SKP Resources annual dividend for 2024 was RM0.03
• SKP Resources annual dividend for 2023 was RM0.04
• SKP Resources's trailing twelve-month (TTM) dividend yield is 2.58%
• SKP Resources's payout ratio for the trailing twelve months (TTM) is 66.94%
• SKP Resources's dividend growth over the last five years (2018-2023) was 2.11% year
• SKP Resources's dividend growth over the last ten years (2013-2023) was 20.11% year
SKP Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | RM0.03 | annually | 2024-10-24 |
2023-09-29 | RM0.04 | annually | 2023-10-26 |
2022-09-30 | RM0.06 | annually | 2022-10-28 |
2021-10-01 | RM0.04 | annually | 2021-10-29 |
2020-09-24 | RM0.02 | annually | 2020-10-23 |
2019-10-03 | RM0.03 | annually | 2019-10-25 |
2018-10-03 | RM0.04 | annually | 2018-10-26 |
2017-10-03 | RM0.03 | annually | 2017-10-27 |
2016-09-01 | RM0.03 | annually | |
2015-09-30 | RM0.02 | annually | |
2014-10-01 | RM0.01 | annually | |
2013-10-22 | RM0.01 | annually |
SKP Resources Dividend per year
SKP Resources Dividend growth
SKP Resources Dividend Yield
SKP Resources current trailing twelve-month (TTM) dividend yield is 2.58%. Interested in purchasing SKP Resources stock? Use our calculator to estimate your expected dividend yield:
SKP Resources Financial Ratios
SKP Resources Dividend FAQ
Other factors to consider when evaluating SKP Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: SKP Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SKP Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SKP Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SKP Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: SKP Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SKP Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SKP Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of SKP Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SKP Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.