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Wasco Berhad provides oil and gas, and industrial services worldwide. Its Energy Solutions segment engages in the pipe coating and manufacturing activities; building and operating offshore/onshore field development facilities; and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries. The company's Renewable Energy segment manufactures and supplies specialized equipment for biomass power plants, such as industrial fans, boiler, and turbines. Its Industrial trading & services segment trades in and distributes building materials; and manufactures and trades in industrial pipes for the construction industry. The company also provides management support, construction, property investment, marketing, cathodic protection, corrosion protection, passive fire protection, paint coating, technical training, and treasury services; leases properties and equipment; and manufactures, supplies, and installs sacrificial anodes. In addition, the company offers spiral welded pipes; leases compressors and power generators; designs, engineers, fabricates, and sells gas processing and compression systems, and gas based power generators; services and sells parts of oil and gas processing and compression systems; and provides engineering consulting, fabrication, and maintenance services. Further, it engages in trading, processing and assembly, and storage of bonded goods; technological products development; industrial engineering projects contracting; and steam boilers and energy system projects undertaking activities, as well as pipe coating, fuel, gas, and gas cylinder. Additionally, the company offers spare parts; anti-corrosion and concrete weight coating; line pipe thermal insulation; engineering, design, construction, and installation; general fabrication services; and steel pipes and related products. The company was formerly known as Wah Seong Corporation Berhad and changed its name to Wasco Berhad in May 2023. Wasco Berhad was founded in 1994 and is headquartered in Kuala Lumpur, Malaysia.

Wasco Berhad Dividend Announcement

• Wasco Berhad announced a semi annually dividend of RM0.00 per ordinary share which will be made payable on . Ex dividend date: 2020-03-11
• Wasco Berhad's trailing twelve-month (TTM) dividend yield is -%

Wasco Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-03-11RM0.00semi annually
2016-09-15RM0.01semi annually
2016-03-11RM0.01semi annually
2015-09-11RM0.02semi annually
2015-03-12RM0.03semi annually
2014-09-10RM0.03semi annually
2014-03-11RM0.02semi annually
2013-09-05RM0.02semi annually
2013-03-11RM0.03semi annually
2012-09-11RM0.03semi annually
2012-03-07RM0.03semi annually
2011-09-27RM0.03semi annually
2011-03-03RM0.03semi annually
2010-09-15RM0.02semi annually
2010-03-23RM0.03semi annually
2009-10-01RM0.03semi annually
2009-03-27RM0.03semi annually
2008-09-26RM0.01semi annually
2008-03-19RM0.04semi annually
2007-09-26RM0.02semi annually
2007-06-27RM0.04semi annually
2006-09-27RM0.01semi annually
2006-06-16RM0.06semi annually

Wasco Berhad Dividend per year

Wasco Berhad Dividend growth

Wasco Berhad Dividend Yield

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

Wasco Berhad Financial Ratios

P/E ratio5.63
PEG ratio0.68
P/B ratio1.10
ROE21.42%
Payout ratio0.00%
Current ratio1.01
Quick ratio0.84
Cash Ratio0.14

Wasco Berhad Dividend FAQ

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