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Tune Protect Group Berhad, a financial holding company, provides underwriting and reinsurance services for non-life insurance products worldwide. The company offers personal insurance products, such as house owner, motor, travel, PA shield, dental, medical, foreign workers PA, and autobuddy insurance. It also provides commercial insurance products, including business shield, fire, erection and contractor all risks, machinery and equipment all risks, marine cargo, public and employer's liability, comprehensive general liability, professional indemnity, workmen's compensation, foreign and general workers PA, other risks, burglary, fidelity guarantee, plate glass, and condo comprehensive. The company was formerly known as Tune Ins Holdings Berhad and changed its name to Tune Protect Group Berhad in September 2015. Tune Protect Group Berhad was incorporated in 2011 and is based in Kuala Lumpur, Malaysia.

Tune Protect Berhad Dividend Announcement

• Tune Protect Berhad announced a annually dividend of RM0.03 per ordinary share which will be made payable on . Ex dividend date: 2019-05-27
• Tune Protect Berhad's trailing twelve-month (TTM) dividend yield is -%

Tune Protect Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-05-27RM0.03annually
2018-05-28RM0.03annually
2017-05-18RM0.05annually
2016-06-01RM0.05annually
2015-06-03RM0.04annually
2014-06-04RM0.04annually

Tune Protect Berhad Dividend per year

Tune Protect Berhad Dividend growth

Tune Protect Berhad Dividend Yield

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

Tune Protect Berhad Financial Ratios

P/E ratio-8.78
PEG ratio-0.09
P/B ratio0.44
ROE-4.92%
Payout ratio0.00%
Current ratio-0.52
Quick ratio-0.52
Cash Ratio-0.52

Tune Protect Berhad Dividend FAQ

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