Table of Contents

company-logo

TOMO Holdings Limited, an investment holding company, engages in the design, manufacture, supply, and installation of leather upholstery for passenger vehicles (PV) in Singapore. It operates in three segments: Passenger Vehicle Leather Upholstery, and Passenger Vehicle Electronic Accessories, and Automotive Parts and Motor Vehicle. The company offers rear and front seats leather upholstery products. It also provides leather wrappings for other PV interior products, such as door panels, and head and arm rests. In addition, the company offers passenger vehicle electronic accessories, including navigation and multimedia accessories such as navigation systems, head units, and in-car entertainment systems; and safety and security accessories that enhance driver and passenger safety and security consisting of digital video recorders, reverse cameras and parking sensors, and security alarm systems. Further, it supplies automotive parts and motor vehicle to passenger vehicle distributors and dealers. The company was founded in 1995 and is headquartered in Singapore. TOMO Holdings Limited is a subsidiary of Billion Legend Limited.

TOMO Dividend Announcement

• TOMO does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on TOMO dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

TOMO Dividend History

TOMO Dividend Yield

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

TOMO Financial Ratios

P/E ratio-1.69
PEG ratio-0.39
P/B ratio0.59
ROE-33.00%
Payout ratio0.00%
Current ratio19.50
Quick ratio18.72
Cash Ratio17.18

TOMO Dividend FAQ

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