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PT Voksel Electric Tbk, together with its subsidiaries, manufactures and sells power and telecommunication cables in Indonesia. It operates through Power Cable, Fiber Optic Cable, Copper Wire Cable, Contractor Service, and Trading segments. The company provides bare copper and aluminum conductors; and power and control cables, such as high and medium voltage, submarine, low voltage, cross linked polyethylene insulated, polyethylene insulated, polyvinyl chloride insulated, fire resistance, control and instrument, shipyard, and solar cables. It also offers optical fiber cables, which include all dielectric self supporting cables, aerial and duct cables, armor/buried cables, fiber to the home and single core per tube cables, air blowing micro duct cables, submarine fiber optic cables, and optical ground wires. In addition, the company is involved in trading of machinery, telecommunications equipment, and other equipment. Further, it exports its products. PT Voksel Electric Tbk was founded in 1971 and is headquartered in Jakarta, Indonesia.

Voksel Electric Dividend Announcement

• Voksel Electric announced a annually dividend of Rp5.00 per ordinary share which will be made payable on 2019-07-23. Ex dividend date: 2019-07-02
• Voksel Electric's trailing twelve-month (TTM) dividend yield is -%

Voksel Electric Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-02Rp5.00annually2019-07-23
2017-05-30Rp20.00annually2017-06-21
2013-06-18Rp50.00annually
2012-06-13Rp48.00annually

Voksel Electric Dividend per year

Voksel Electric Dividend Yield

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

Voksel Electric Financial Ratios

P/E ratio-58.59
PEG ratio-0.00
P/B ratio1.10
ROE-1.91%
Payout ratio0.00%
Current ratio1.60
Quick ratio1.17
Cash Ratio0.25

Voksel Electric Dividend FAQ

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