company-logo

PT Tirta Mahakam Resources Tbk manufactures and sells plywood and related wood products in Indonesia. The company floorbase, general plywood, concrete panel, structure panel, barecore, blockboard, polyester plywood, and polyester blockboard. It also exports its products to Japan, India, Taiwan, and internationally. The company was formerly known as PT Tirta Mahakam Plywood Industry. The company was founded in 1981 and is headquartered in Jakarta Selatan, Indonesia. PT Tirta Mahakam Resources Tbk is a subsidiary of PT Harita Jayaraya.

Tirta Mahakam Resources Dividend Announcement

Tirta Mahakam Resources announced a annually dividend of Rp3.00 per ordinary share which will be made payable on . Ex dividend date: 2005-07-20
Tirta Mahakam Resources's trailing twelve-month (TTM) dividend yield is -%

Tirta Mahakam Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2005-07-20Rp3.00annually
2004-07-21Rp2.50annually
2003-07-07Rp4.50annually
2002-07-12Rp6.25annually
2001-07-20Rp6.25annually
2000-07-14Rp6.25annually

Tirta Mahakam Resources Dividend per year

Tirta Mahakam Resources Dividend growth

Tirta Mahakam Resources Dividend Yield

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

Tirta Mahakam Resources Financial Ratios

P/E ratio-0.48
PEG ratio0.00
P/B ratio-0.04
ROE7.96%
Payout ratio0.00%
Current ratio316.85
Quick ratio24.32
Cash Ratio6.26

Tirta Mahakam Resources Dividend FAQ

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