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PT Sunindo Pratama Tbk engages in distributing products and providing services with focus in oil and gas industries in Indonesia and internationally. Its products range from supplying oil country tubular goods, ERW tubings and casings, drill pipes, line pipes, drill bits, wellheads, packers, variable speed drives, and oilfield related chemical and valves. The company also provides services, including drill pipe rental, wellhead and Christmas tree on-site service, workover barges and supporting vessel, corrosion preventive removal systems, and organic binder absorption for universal applications, as well as enhance oil recovery services, such as polymer flooding, zonal water injection, and other EOR technology. The company was founded in 2002 and is based in South Jakarta, Indonesia.

Sunindo Pratama Dividend Announcement

• Sunindo Pratama announced a annually dividend of Rp4.40 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-06-25
• Sunindo Pratama annual dividend for 2024 was Rp4.40
• Sunindo Pratama annual dividend for 2023 was Rp3.00
• Sunindo Pratama's trailing twelve-month (TTM) dividend yield is 0.55%
• Sunindo Pratama's payout ratio for the trailing twelve months (TTM) is 5.58%

Sunindo Pratama Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-25Rp4.40annually2024-07-12
2023-07-11Rp3.00annually2023-07-28

Sunindo Pratama Dividend per year

Sunindo Pratama Dividend Yield

Sunindo Pratama current trailing twelve-month (TTM) dividend yield is 0.55%. Interested in purchasing Sunindo Pratama stock? Use our calculator to estimate your expected dividend yield:

Sunindo Pratama Financial Ratios

P/E ratio10.08
PEG ratio0.10
P/B ratio2.69
ROE30.08%
Payout ratio5.58%
Current ratio4.10
Quick ratio2.35
Cash Ratio1.86

Sunindo Pratama Dividend FAQ

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