Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products. The company operates through Plastic Products; and Food, Beverages and Other Consumable Products segments. Its products include stretch and maxstretch films; bottom seal poly bags, garbage bags, bags and sheets perforated on roll, punch and pin hole, pallet shrouds, non-entrapment seal, apron, stretch hood, side seal, produce roll, header block, carry and shopping bags, laminated barrier films, form-fill seal sheet, and collation shrink films for industrial and commercial use; tinted food wraps; and additives, such as calcium carbonate, color masterbatches, and polymer processing aid. The company also manufactures and trades in tea, coffee, and other related products, as well as flour-based dried and steamed noodles. In addition, it is involved in manufacturing, selling, and trading film blown plastic products; wholesale of rice; trading of petroleum products; and operation of research and development center for plastic packaging industry. It serves the food and beverages, industrial and packaging, transport and logistics, waste and energy, retail and ecommerce, consumer packaging, and hygiene and medical sector. The company has operations in Malaysia, People's Republic of China, Others Asian countries, Oceania, Europe, North America, and internationally. Thong Guan Industries Berhad was founded in 1942 and is headquartered in Sungai Petani, Malaysia.
Thong Guan Industries Berhad Dividend Announcement
• Thong Guan Industries Berhad announced a semi annually dividend of RM0.03 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-27
• Thong Guan Industries Berhad annual dividend for 2024 was RM0.06
• Thong Guan Industries Berhad annual dividend for 2023 was RM0.04
• Thong Guan Industries Berhad's trailing twelve-month (TTM) dividend yield is 3.62%
• Thong Guan Industries Berhad's payout ratio for the trailing twelve months (TTM) is 22.50%
• Thong Guan Industries Berhad's dividend growth over the last five years (2018-2023) was -15.24% year
• Thong Guan Industries Berhad's dividend growth over the last ten years (2013-2023) was -4.33% year
Thong Guan Industries Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | RM0.03 | semi annually | 2024-10-18 |
| 2024-03-27 | RM0.03 | semi annually | |
| 2023-06-28 | RM0.01 | semi annually | 2023-07-18 |
| 2023-03-30 | RM0.02 | semi annually | 2023-04-18 |
| 2022-12-29 | RM0.01 | semi annually | 2023-01-18 |
| 2022-09-29 | RM0.01 | semi annually | 2022-10-18 |
| 2022-06-29 | RM0.01 | semi annually | 2022-07-18 |
| 2022-03-30 | RM0.02 | semi annually | 2022-04-18 |
| 2021-12-30 | RM0.01 | semi annually | 2022-01-19 |
| 2021-10-28 | RM0.01 | semi annually | 2021-11-18 |
| 2021-07-29 | RM0.01 | semi annually | 2021-08-18 |
| 2021-06-29 | RM0.01 | semi annually | 2021-07-19 |
| 2020-12-30 | RM0.01 | semi annually | 2021-01-18 |
| 2020-09-28 | RM0.02 | semi annually | 2020-10-15 |
| 2020-08-27 | RM0.09 | semi annually | 2020-09-18 |
| 2020-06-09 | RM0.02 | semi annually | 2020-06-24 |
| 2019-08-07 | RM0.08 | semi annually | 2019-08-28 |
| 2018-08-06 | RM0.08 | semi annually | 2018-08-28 |
| 2017-07-26 | RM0.06 | semi annually | 2017-08-18 |
| 2016-09-26 | RM0.06 | semi annually | |
| 2016-07-27 | RM0.09 | semi annually | |
| 2015-07-27 | RM0.04 | semi annually | |
| 2014-11-05 | RM0.03 | semi annually | |
| 2014-07-16 | RM0.06 | semi annually | |
| 2013-07-16 | RM0.05 | semi annually |
Thong Guan Industries Berhad Dividend per year
Thong Guan Industries Berhad Dividend growth
Thong Guan Industries Berhad Dividend Yield
Thong Guan Industries Berhad current trailing twelve-month (TTM) dividend yield is 3.62%. Interested in purchasing Thong Guan Industries Berhad stock? Use our calculator to estimate your expected dividend yield:
Thong Guan Industries Berhad Financial Ratios
P/E ratio8.05
PEG ratio0.16
P/B ratio0.63
ROE8.08%
Payout ratio22.50%
Current ratio2.86
Quick ratio1.93
Cash Ratio1.15
Thong Guan Industries Berhad Dividend FAQ
How much is the next Thong Guan Industries Berhad dividend?
Thong Guan Industries Berhad's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Thong Guan Industries Berhad dividend. The next Thong Guan Industries Berhad dividend will be released in March, or June.
When is Thong Guan Industries Berhad dividend paid?
Thong Guan Industries Berhad pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Thong Guan Industries Berhad pay?
The specific amount of Thong Guan Industries Berhad dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thong Guan Industries Berhad's dividend history.
Does Thong Guan Industries Berhad stock pay dividends?
Yes, Thong Guan Industries Berhad does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thong Guan Industries Berhad's dividend history.
How much dividend does Thong Guan Industries Berhad pay?
Thong Guan Industries Berhad paid RM0.055 in 2024, RM0.035 in 2023, RM0.06 in 2022, RM0.048 in 2021, and RM0.14 in 2020.
How often does Thong Guan Industries Berhad pay dividends?
Thong Guan Industries Berhad typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and June.
What is Thong Guan Industries Berhad's dividend yield?
The current dividend yield for Thong Guan Industries Berhad is 3.62%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Thong Guan Industries Berhad's exact dividend yield.
When does Thong Guan Industries Berhad go ex dividend?
Thong Guan Industries Berhad's ex-dividend date for the latest dividend was on 2024-09-27. Thong Guan Industries Berhad typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Thong Guan Industries Berhad dividend paid?
Thong Guan Industries Berhad pays dividends on a semi annually basis, typically around March, or June, but the exact dates can vary each year.
Will Thong Guan Industries Berhad increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Thong Guan Industries Berhad will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Thong Guan Industries Berhad dividend per share?
Thong Guan Industries Berhad paid RM0.055 per share in 2024 and RM0.035 per share in 2023. The amount of dividend per share that Thong Guan Industries Berhad pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Thong Guan Industries Berhad a dividend aristocrat?
No, 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 Thong Guan Industries Berhad a dividend king?
No, 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 Thong Guan Industries Berhad a dividend stock?
Yes, Thong Guan Industries Berhad is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Thong Guan Industries Berhad a good dividend stock?
Whether Thong Guan Industries Berhad is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Thong Guan Industries Berhad has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Thong Guan Industries Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Thong Guan Industries Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Thong Guan Industries Berhad pay dividends monthly?
Thong Guan Industries Berhad typically pays dividends on a semi annually basis.
Does Thong Guan Industries Berhad pay dividends quarterly?
Thong Guan Industries Berhad currently pays dividends on a semi annually basis.
Has Thong Guan Industries Berhad ever paid a dividend?
Yes, Thong Guan Industries Berhad has a history of paying dividends to its shareholders. Thong Guan Industries Berhad is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Thong Guan Industries Berhad dividend stocks?
To buy Thong Guan Industries 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Thong Guan Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Thong Guan Industries 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.
When does Thong Guan Industries Berhad pay dividends 2024?
Thong Guan Industries Berhad pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Thong Guan Industries Berhad increase its dividend in 2024?
Decisions regarding Thong Guan Industries Berhad dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Thong Guan Industries Berhad dividend overview you can look into the above table of dividend history.
How Thong Guan Industries Berhad dividend works?
The Thong Guan Industries Berhad dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Thong Guan Industries Berhad's dividend process works:
1. Determination of Dividend: Thong Guan Industries Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Thong Guan Industries Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Thong Guan Industries Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Thong Guan Industries Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Thong Guan Industries Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Thong Guan Industries Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Thong Guan Industries Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Thong Guan Industries Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Thong Guan Industries Berhad dividends paid?
Thong Guan Industries Berhad dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Thong Guan Industries Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Thong Guan Industries Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thong Guan Industries Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Thong Guan Industries Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Thong Guan Industries Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Thong Guan Industries Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Thong Guan Industries Berhad pay dividends?
Thong Guan Industries Berhad typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Thong Guan Industries Berhad pay dividends?
The general pattern is that Thong Guan Industries Berhad pays dividends around March, and June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Thong Guan Industries Berhad dividend safe?
The safety of Thong Guan Industries Berhad's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Thong Guan Industries Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Thong Guan Industries Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Thong Guan Industries Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Thong Guan Industries Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.