company-logo

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 dateDividend amountDividend typePay date
2024-06-20Rp2.00annually2024-07-11
2023-07-04Rp1.00annually2023-07-21

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

P/E ratio22.43
PEG ratio0.52
P/B ratio2.45
ROE11.21%
Payout ratio17.52%
Current ratio2.68
Quick ratio1.17
Cash Ratio0.21

Toba Surimi Industries Dividend FAQ

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