PT Ulima Nitra Tbk offers coal mining, truck and heavy equipment rental, construction, and other services. The company was founded in 1992 and is headquartered in Palembang, Indonesia.
Ulima Nitra Dividend Announcement
• Ulima Nitra announced a annually dividend of Rp3.98 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-05
• Ulima Nitra annual dividend for 2024 was Rp3.98
• Ulima Nitra annual dividend for 2023 was Rp3.65
• Ulima Nitra's trailing twelve-month (TTM) dividend yield is 0.59%
• Ulima Nitra's payout ratio for the trailing twelve months (TTM) is 25.16%
Ulima Nitra Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-05 | Rp3.98 | annually | 2024-07-26 |
| 2023-07-11 | Rp3.65 | annually | 2023-08-03 |
Ulima Nitra Dividend per year
Ulima Nitra Dividend Yield
Ulima Nitra current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Ulima Nitra stock? Use our calculator to estimate your expected dividend yield:
Ulima Nitra Financial Ratios
P/E ratio46.18
PEG ratio2.86
P/B ratio5.11
ROE11.57%
Payout ratio25.16%
Current ratio1.13
Quick ratio1.11
Cash Ratio0.05
Ulima Nitra Dividend FAQ
Does Ulima Nitra stock pay dividends?
Ulima Nitra does not currently pay dividends to its shareholders.
Has Ulima Nitra ever paid a dividend?
No, Ulima Nitra has no a history of paying dividends to its shareholders. Ulima Nitra is not known for its dividend payments.
Why doesn't Ulima Nitra pay dividends?
There are several potential reasons why Ulima Nitra 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.
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 Ulima Nitra 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 Ulima Nitra 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 Ulima Nitra a dividend aristocrat?
Ulima Nitra 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 Ulima Nitra a dividend king?
Ulima Nitra 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 Ulima Nitra a dividend stock?
No, Ulima Nitra 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 Ulima Nitra stocks?
To buy Ulima Nitra 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 Ulima Nitra 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.
Place an order: Use the brokerage's trading platform to place an order to buy Ulima Nitra 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.