Timah Resources Limited, through its subsidiary, Mistral Engineering Sdn Bhd., generates biogas renewable energy in Australia and Malaysia. It owns and operates a biogas power plant with approximately 4.0 megawatts situated in Sabah, Malaysia. The company was incorporated in 2007 and is based in North Sydney, Australia. Timah Resources Limited is a subsidiary of Cash Nexus (M) Sdn. Bhd.
Timah Resources Dividend Announcement
• Timah Resources announced a annually dividend of A$0.00 per ordinary share which will be made payable on 2023-08-01. Ex dividend date: 2023-07-28
• Timah Resources's trailing twelve-month (TTM) dividend yield is -%
Timah Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-07-28 | A$0.00 | annually | 2023-08-01 |
Timah Resources Dividend per year
Timah Resources Dividend Yield
Timah Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Timah Resources stock? Use our calculator to estimate your expected dividend yield:
Timah Resources Financial Ratios
P/E ratio11.82
PEG ratio0.12
P/B ratio0.55
ROE4.70%
Payout ratio0.00%
Current ratio21.06
Quick ratio20.53
Cash Ratio14.27
Timah Resources Dividend FAQ
Does Timah Resources stock pay dividends?
Timah Resources does not currently pay dividends to its shareholders.
Has Timah Resources ever paid a dividend?
No, Timah Resources has no a history of paying dividends to its shareholders. Timah Resources is not known for its dividend payments.
Why doesn't Timah Resources pay dividends?
There are several potential reasons why Timah 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.
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 Timah 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 Timah 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 Timah Resources a dividend aristocrat?
Timah 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 Timah Resources a dividend king?
Timah 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 Timah Resources a dividend stock?
No, Timah 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 Timah Resources stocks?
To buy Timah 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 Timah 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.
Place an order: Use the brokerage's trading platform to place an order to buy Timah 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.