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Texchem Resources Bhd, an investment holding company, engages in industrial, polymer engineering, food, restaurant, and venture businesses. The company offers plastic resins, rubber/latex chemicals, PVC and coating/ink resins and additives, adhesive chemicals, food ingredients, personal care and pharmaceutical additives, dyestuffs and textile auxiliaries, hand sanitizers and surface disinfectants, 3-ply face masks, and face shields. It also provides polymer solutions and designs to the data storage, semiconductor, consumer electronics and electrical, telecommunications, and medical devices/life science industries. In addition, the company offers fresh, frozen, value added, sashimi grade, and dried seafood, as well as surimi, surimi-based, and fishmeal products. Further, it operates restaurants under the Sushi King, Hoshino, and the Miraku brand. Additionally, the company rents properties; manufactures extruded plastics sheets and polymer compounds; trades in chemicals, plastic resins, and other products; acts as an agent of electronic component parts and general merchandise; operates cafes; trades in medical devices and equipment; and provides management, consultation, and insurance agency services. It also manufactures thermoformed packaging's, embossed carrier tapes, plastic engineering precision parts, precision injection molded trays/parts, molds and toolings, and plastic injection molded parts/products; and develops technology for high precision/ultra clean injection molded products. In addition, the company provides food processing services; and designs, manufactures, and trades flexo photopolymer printing plates. Texchem Resources Bhd was founded in 1973 and is based in Penang, Malaysia.

Texchem Resources Dividend Announcement

• Texchem Resources announced a quarterly dividend of RM0.05 per ordinary share which will be made payable on . Ex dividend date: 2023-03-09
• Texchem Resources annual dividend for 2023 was RM0.05
• Texchem Resources's trailing twelve-month (TTM) dividend yield is -%

Texchem Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-09RM0.05quarterly
2022-08-23RM0.08quarterly
2022-05-11RM0.10quarterly
2017-12-28RM0.10quarterly
2016-12-23RM0.10quarterly
2015-12-28RM0.10quarterly
2015-08-17RM0.05quarterly
2015-03-13RM0.10quarterly
2012-12-04RM0.10quarterly
2011-01-03RM0.02quarterly
2010-08-11RM0.02quarterly
2009-12-30RM0.02quarterly
2009-08-13RM0.03quarterly
2008-12-26RM0.04quarterly
2008-08-12RM0.06quarterly
2007-12-31RM0.06quarterly
2007-08-20RM0.06quarterly
2007-01-03RM0.05quarterly
2006-08-11RM0.05quarterly
2006-01-03RM0.06quarterly

Texchem Resources Dividend per year

Texchem Resources Dividend growth

Texchem Resources Dividend Yield

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

Texchem Resources Financial Ratios

P/E ratio-33.36
PEG ratio2.99
P/B ratio0.56
ROE-1.62%
Payout ratio0.00%
Current ratio1.00
Quick ratio0.74
Cash Ratio0.24

Texchem Resources Dividend FAQ

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