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Techbond Group Berhad develops, manufactures, and trades in industrial adhesives and sealants in Malaysia, Vietnam, Indonesia, China, and internationally. The company offers industrial adhesives, including water-based and hot melt adhesives; and industrial sealants, such as water-based and solvent-based sealants. It also provides products and services comprising original equipment manufacturer industrial adhesives, chemicals, and adhesive repellents and cleaners, as well as adhesive blending machines; and cleaners, spare parts, and maintenance services. In addition, the company manufactures and markets phenolic resins, paper resins, additives, formalin, and phenoset microspheres. The company's industrial adhesives are used in manufacturing a range of products, including wood-based products, paper and packaging products, cigarettes and cigarette packs, automotive applications, personal care products, bookbinding, and mattresses, as well as building and construction applications. It also exports its products. The company was founded in 1992 and is headquartered in Shah Alam, Malaysia. Techbond Group Berhad is a subsidiary of Sonicbond Sdn. Bhd.

Techbond Berhad Dividend Announcement

• Techbond Berhad announced a semi annually dividend of RM0.01 per ordinary share which will be made payable on . Ex dividend date: 2024-11-20
• Techbond Berhad annual dividend for 2024 was RM0.01
• Techbond Berhad annual dividend for 2023 was RM0.01
• Techbond Berhad's trailing twelve-month (TTM) dividend yield is 3.9%

Techbond Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-20RM0.01semi annually
2024-06-12RM0.01semi annually
2023-11-30RM0.01semi annually
2022-12-29RM0.01semi annually
2021-09-10RM0.01semi annually
2020-12-21RM0.01semi annually
2019-09-20RM0.02semi annually

Techbond Berhad Dividend per year

Techbond Berhad Dividend growth

Techbond Berhad Dividend Yield

Techbond Berhad current trailing twelve-month (TTM) dividend yield is 3.9%. Interested in purchasing Techbond Berhad stock? Use our calculator to estimate your expected dividend yield:

Techbond Berhad Financial Ratios

P/E ratio15.68
PEG ratio0.16
P/B ratio1.15
ROE8.15%
Payout ratio0.00%
Current ratio8.69
Quick ratio5.97
Cash Ratio3.98

Techbond Berhad Dividend FAQ

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