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TAS Offshore Berhad, an investment holding company, engages in the shipbuilding, ship repairing, and vessel chartering activities in Malaysia, Singapore, and Indonesia. Its shipbuilding activities include hull and superstructure construction; propulsion and power system installation; communication, navigation, and surveillance systems installation; machinery and equipment installation; interior fit-out; painting; and vessel testing and commissioning. The company constructs a range of vessels, such as anchor handling tug supply vessels, anchor handling tugs, utility/supply vessels, offshore supply vessels, tugboats, pusher tugs, landing craft, ferries, and container carriers. Its ship repair services comprise routine marine engine, machinery, and equipment inspection and maintenance; routine piping and wiring inspection and maintenance; repainting; repairing damage from collision and other accidents; and installing equipment. TAS Offshore Berhad was founded in 1977 and is headquartered in Sibu, Malaysia.

TAS Offshore Berhad Dividend Announcement

• TAS Offshore Berhad announced a annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-05-27
• TAS Offshore Berhad annual dividend for 2024 was RM0.01
• TAS Offshore Berhad annual dividend for 2023 was RM0.01
• TAS Offshore Berhad's trailing twelve-month (TTM) dividend yield is 1.56%
• TAS Offshore Berhad's payout ratio for the trailing twelve months (TTM) is 11.37%

TAS Offshore Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-27RM0.01annually
2023-10-11RM0.01annually
2014-05-12RM0.02annually
2013-08-26RM0.02annually
2012-09-13RM0.01annually
2010-11-08RM0.02annually

TAS Offshore Berhad Dividend per year

TAS Offshore Berhad Dividend growth

TAS Offshore Berhad Dividend Yield

TAS Offshore Berhad current trailing twelve-month (TTM) dividend yield is 1.56%. Interested in purchasing TAS Offshore Berhad stock? Use our calculator to estimate your expected dividend yield:

TAS Offshore Berhad Financial Ratios

P/E ratio7.17
PEG ratio-0.31
P/B ratio1.05
ROE15.33%
Payout ratio11.37%
Current ratio1.65
Quick ratio0.61
Cash Ratio0.23

TAS Offshore Berhad Dividend FAQ

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