Table of Contents

company-logo

PT Tira Austenite Tbk engages in the trading and distribution of technical products primarily in Indonesia. It operates through three segments: Trading and Distribution of Technical Products; Welding and Molding; and Distribution of Industrial Gases. The company sells various steel products, including machinery steel used for the making of shaft, gear, and other machine parts; and stainless and tool steel products, as well as wear resistant steel products for heavy equipment, liner plate, crusher, and other applications. It also provides medical gases, including anaerobic atmosphere mixtures, blood gas mixtures, breathing air, helium, and lung diffusion gas mixtures; and specialty gases, such as analytical instrumentation mixtures, chemical process gases, emission calibration gases, environmental compliance mixtures, gas mixtures, high purity gas products, hydrocarbon calibration standards, laser gas mixtures, rare gases, and ultra-high purity gas products. In addition, the company offers industrial gases, such as argon, carbon dioxide, nitrogen, oxygen, and hydrogen; fuel gases, including acetylene, LPG, and propane; high-pressure cylinder gases; liquid cylinders for gas or liquid service; and shielding gases. Further, it manufactures bronze casting products under the ALPHABRONZE name; welding electrode products under the name of MG and STELEC; and medical equipment, as well as trades in steel. The company was founded in 1971 and is headquartered in East Jakarta, Indonesia.

Tira Austenite Dividend Announcement

• Tira Austenite announced a annually dividend of Rp20.00 per ordinary share which will be made payable on . Ex dividend date: 2015-06-23
• Tira Austenite's trailing twelve-month (TTM) dividend yield is -%

Tira Austenite Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-06-23Rp20.00annually
2013-08-13Rp48.03annually
2012-07-13Rp17.00annually

Tira Austenite Dividend per year

Tira Austenite Dividend Yield

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

Tira Austenite Financial Ratios

P/E ratio124.30
PEG ratio1.24
P/B ratio1.65
ROE1.34%
Payout ratio0.00%
Current ratio1.22
Quick ratio0.59
Cash Ratio0.10

Tira Austenite Dividend FAQ

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