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TASCO Berhad provides various logistics solutions worldwide. It operates through five segments: Air Freight Forwarding, Contract Logistics, Trucking, Ocean Freight Forwarding, Cold Supply Chain, and Supply Chain Solution. The company offers airfreight forwarding services, including temperature control, sensitive equipment, small parcels, e-commerce, high security level cargo, project cargo, chartered flights, etc.; ocean freight forwarding and shipment services; haulage services; daily LTL consolidation, FTL chartered, door-to-door delivery, customs clearance, pre-inspection of cargo, and trans container facility services; custom house brokerage services; order management; warehousing, distribution, transload and cross-docking, in-house logistics, and value added services; and upstream solutions, including trading of products to automotive, aerospace, healthcare and pharmaceutical, food, technology, and retail logistics services. It also engages in the truck rental and insurance agency businesses; operating container depot; storing, handling, cleaning, and repairing containers; and origin management, lead logistics, and e-commerce businesses. The company was formerly known as Trans-Asia Shipping Corporation Berhad and changed its name to TASCO Berhad in September 2009. TASCO Berhad was incorporated in 1974 and is headquartered in Shah Alam, Malaysia.

TASCO Dividend Announcement

• TASCO announced a annually dividend of RM0.02 per ordinary share which will be made payable on . Ex dividend date: 2024-05-15
• TASCO annual dividend for 2024 was RM0.02
• TASCO annual dividend for 2023 was RM0.04
• TASCO's trailing twelve-month (TTM) dividend yield is 3.31%
• TASCO's payout ratio for the trailing twelve months (TTM) is 40.16%
• TASCO's dividend growth over the last five years (2018-2023) was -4.90% year
• TASCO's dividend growth over the last ten years (2013-2023) was -11.60% year

TASCO Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-15RM0.02annually
2023-05-15RM0.04annually
2022-05-31RM0.01annually
2021-11-11RM0.01annually
2021-05-20RM0.01annually
2020-11-10RM0.02annually
2020-07-02RM0.02annually
2019-05-15RM0.03annually
2018-06-20RM0.03annually
2018-03-08RM0.02annually
2017-06-14RM0.03annually
2017-03-08RM0.02annually
2016-10-12RM0.03annually
2016-03-08RM0.02annually
2015-09-28RM0.05annually
2015-02-27RM0.04annually
2014-09-24RM0.05annually
2013-11-27RM0.05annually
2013-07-02RM0.07annually

TASCO Dividend per year

TASCO Dividend growth

TASCO Dividend Yield

TASCO current trailing twelve-month (TTM) dividend yield is 3.31%. Interested in purchasing TASCO stock? Use our calculator to estimate your expected dividend yield:

TASCO Financial Ratios

P/E ratio12.13
PEG ratio-12.70
P/B ratio0.91
ROE7.54%
Payout ratio40.16%
Current ratio1.08
Quick ratio1.08
Cash Ratio0.14

TASCO Dividend FAQ

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