PT Toba Surimi Industries Tbk engages in the seafood processing business in Indonesia. The company offers pasteurized products, including jumbo lump, super lump, special claw, and cocktail claw products; and canned and frozen products, such as fish, cephalopods, shellfish, and value-added products. It also exports its products to the United States, the European community, Japan, Hong Kong, Canada, the United Kingdom, and Australia. The company was founded in 1997 and is based in Medan, Indonesia.
Toba Surimi Industries Dividend Announcement
• Toba Surimi Industries announced a annually dividend of Rp2.00 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-06-20
• Toba Surimi Industries annual dividend for 2024 was Rp2.00
• Toba Surimi Industries annual dividend for 2023 was Rp1.00
• Toba Surimi Industries's trailing twelve-month (TTM) dividend yield is 0.78%
• Toba Surimi Industries's payout ratio for the trailing twelve months (TTM) is 17.52%
Toba Surimi Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | Rp2.00 | annually | 2024-07-11 |
2023-07-04 | Rp1.00 | annually | 2023-07-21 |
Toba Surimi Industries Dividend per year
Toba Surimi Industries Dividend Yield
Toba Surimi Industries current trailing twelve-month (TTM) dividend yield is 0.78%. Interested in purchasing Toba Surimi Industries stock? Use our calculator to estimate your expected dividend yield:
Toba Surimi Industries Financial Ratios
Toba Surimi Industries Dividend FAQ
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.
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