Table of Contents

company-logo

Yoong Onn Corporation Berhad, an investment holding company, designs, manufactures, distributes, and retails home linen, bedding accessories, and homewares in Malaysia. The company operates through three segments: Manufacturing, Distribution and Trading, and Retailing. It offers bed and bath linen products; bed, bath, living room, and kitchen accessories; rugs, carpets, and floor mats; and lifestyle furniture and other homeware products. The company markets and sells its products under the brand names, such as Diana, Novelle, Jean Perry, Louis Casa, Genova, Red Danielle, Cotonsoft, Niki Cains, Oasis, Ann Taylor, Sarah Miller, etc. It serves third party retailers, such as departmental stores, hypermarkets, supermarkets, and specialty stores; institutions, including hotels, resorts, hostels, hospitals, royal customs and military accommodations, and cruise ships; intermediaries, such as distributors and importers; and e-commerce platform companies on online shopping. The company operated through owned Home's Harmony retail boutique outlets; Niki Cains Homes home fashion stores; home outlet; and consignment counters at the department stores, specialty stores, supermarkets, and hypermarkets, as well as supplies products to hotels, clubs, resorts, hospitals, etc. through authorized agents. It also exports its products to Australia, Brunei, Cambodia, Dubai, Fiji, Indonesia, Japan, Mozambique, Myanmar, New Caledonia, Nigeria, Papua New Guinea, the Philippines, Singapore, Taiwan, Thailand, Turkey, and Vietnam. The company was founded in 1966 and is headquartered in Nilai, Malaysia. Yoong Onn Corporation Berhad is a subsidiary of Casatex Cosmo Sdn. Bhd.

Yoong Onn Berhad Dividend Announcement

• Yoong Onn Berhad announced a semi annually dividend of RM0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-12-18
• Yoong Onn Berhad annual dividend for 2024 was RM0.04
• Yoong Onn Berhad annual dividend for 2023 was RM0.08
• Yoong Onn Berhad's trailing twelve-month (TTM) dividend yield is 4.26%
• Yoong Onn Berhad's payout ratio for the trailing twelve months (TTM) is 37.54%
• Yoong Onn Berhad's dividend growth over the last five years (2018-2023) was 13.40% year
• Yoong Onn Berhad's dividend growth over the last ten years (2013-2023) was 7.92% year

Yoong Onn Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-18RM0.00semi annually
2024-06-26RM0.04semi annually
2023-12-20RM0.04semi annually
2023-06-27RM0.04semi annually
2022-12-21RM0.03semi annually
2022-06-27RM0.03semi annually
2021-12-21RM0.01semi annually
2021-06-25RM0.03semi annually
2020-12-21RM0.01semi annually
2020-07-28RM0.01semi annually
2019-12-19RM0.03semi annually
2019-07-08RM0.03semi annually
2018-12-19RM0.02semi annually
2018-07-05RM0.02semi annually
2017-12-20RM0.03semi annually
2017-07-07RM0.02semi annually
2016-12-20RM0.02semi annually
2016-07-05RM0.02semi annually
2016-01-06RM0.02semi annually
2015-07-06RM0.02semi annually
2015-01-06RM0.02semi annually
2014-07-04RM0.02semi annually
2014-01-02RM0.02semi annually
2013-07-08RM0.02semi annually
2013-01-07RM0.01semi annually

Yoong Onn Berhad Dividend per year

Yoong Onn Berhad Dividend growth

Yoong Onn Berhad Dividend Yield

Yoong Onn Berhad current trailing twelve-month (TTM) dividend yield is 4.26%. Interested in purchasing Yoong Onn Berhad stock? Use our calculator to estimate your expected dividend yield:

Yoong Onn Berhad Financial Ratios

P/E ratio9.61
PEG ratio0.09
P/B ratio0.94
ROE9.97%
Payout ratio37.54%
Current ratio5.43
Quick ratio3.62
Cash Ratio0.40

Yoong Onn Berhad Dividend FAQ

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