Kossan Rubber Industries Bhd Stock

Kossan Rubber Industries Bhd Dividend 2024

Kossan Rubber Industries Bhd Dividend

0.03 MYR

Kossan Rubber Industries Bhd Dividend yield

1.04 %

Ticker

KOSSAN.KL

ISIN

MYL7153OO009

How much dividend does Kossan Rubber Industries Bhd 2024 pay?

According to the latest status from July 2024, Kossan Rubber Industries Bhd paid a total of 0.03 MYR per share in dividends within the last 12 months. With the current Kossan Rubber Industries Bhd price of 2.4 MYR, this corresponds to a dividend yield of 1.04 %. A dividend is paid times per year.

1.04 % Dividend Yield=
0.03 MYR Dividend
2.4 MYR Stock Price

Historical Kossan Rubber Industries Bhd Dividends

A dividend is paid times per year. Last year, the payout months were and April.

PaydateDividend
7/20/20240.02
4/13/20240.02
4/7/20230.03
5/5/20220.12
12/8/20210.12
9/12/20210.12
6/6/20210.12
4/3/20210.08
12/24/20200.03
7/5/20200.03
2/7/20200.03
7/3/20190.03
2/16/20190.03
7/4/20180.06
1/15/20180.05
7/2/20170.06
1/15/20170.05
7/1/20160.07
1/21/20160.06
8/1/20150.05
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2
3

Kossan Rubber Industries Bhd dividend history and estimates

In 2023, Kossan Rubber Industries Bhd paid a dividend amounting to 0.03 MYR. Dividend means that Kossan Rubber Industries Bhd distributes a portion of its profits to its owners.
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Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Kossan Rubber Industries Bhd provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Kossan Rubber Industries Bhd’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Kossan Rubber Industries Bhd's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Kossan Rubber Industries Bhd Dividend History

DateKossan Rubber Industries Bhd Dividend
2026e0.02 MYR
2025e0.02 MYR
2024e0.02 MYR
20230.03 MYR
20220.12 MYR
20210.44 MYR
20200.06 MYR
20190.03 MYR
20180.02 MYR
20170.03 MYR
20160.03 MYR
20150.03 MYR
20140.02 MYR
20130.02 MYR
20120.01 MYR
20110.01 MYR
20100.01 MYR
20090 MYR
20080.01 MYR
20070 MYR
20060 MYR
20050 MYR
20040 MYR

Is the Kossan Rubber Industries Bhd Dividend Safe?

Kossan Rubber Industries Bhd has been increasing the dividend for 2 years.

Over the past 10 years, Kossan Rubber Industries Bhd has increased it by an annual 3.631 %.

Over a five-year period, the distribution increased by 10.757%.

Analysts expect a Dividend Cut of -0.116% for the current fiscal year.

Kossan Rubber Industries Bhd dividend payout ratio

In 2023, Kossan Rubber Industries Bhd had a payout ratio of 82.85%. The payout ratio indicates the percentage of the company's profits that Kossan Rubber Industries Bhd distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Kossan Rubber Industries Bhd represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Kossan Rubber Industries Bhd could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Kossan Rubber Industries Bhd's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Kossan Rubber Industries Bhd Payout Ratio History

DateKossan Rubber Industries Bhd Payout ratio
2026e105.45 %
2025e127.81 %
2024e105.7 %
202382.85 %
2022194.9 %
202139.35 %
202014.29 %
201934.16 %
201819.21 %
201738.63 %
201644.02 %
201531.57 %
201415.37 %
201315.91 %
201214.06 %
201119.64 %
20106.25 %
20097.5 %
200810 %
200710.16 %
20062 %
200513.02 %
200413.02 %

Dividend Details

Understanding Kossan Rubber Industries Bhd's Dividend Distributions

Kossan Rubber Industries Bhd’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Kossan Rubber Industries Bhd's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Kossan Rubber Industries Bhd's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Kossan Rubber Industries Bhd’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Kossan Rubber Industries Bhd Aktienanalyse

What does Kossan Rubber Industries Bhd do?

Kossan Rubber Industries Bhd is a leading manufacturer of rubber products in Malaysia. The company was founded in 1979 and is based in Klang, Selangor, Malaysia. The company is active in four business sectors: the production of technical products, the processing of latex products, the production of gloves, and the sale of trading products. Kossan Rubber Industries specializes in manufacturing rubber products for use in the automotive, construction, and electronics industries. The company also produces a wide range of gloves, including medical, surgical, and industrial gloves. Additionally, Kossan Rubber Industries is involved in the sale of trading products, such as adhesives. The company has production facilities in Malaysia, China, and Thailand. Kossan Rubber Industries is committed to sustainability and has implemented programs to reduce waste and energy consumption. The company is a member of organizations like the Roundtable on Sustainable Palm Oil (RSPO) and advocates for the development and use of sustainably produced palm oil. Overall, Kossan Rubber Industries Bhd is a leading manufacturer of rubber products in Malaysia, specializing in technical products, latex processing, glove production, and the sale of trading products. The company has earned a reputation as a reliable supplier of rubber products and is dedicated to sustainability and environmental protection. Kossan Rubber Industries Bhd is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Kossan Rubber Industries Bhd stock

How much dividend does Kossan Rubber Industries Bhd pay?

Over the past 12 months, Kossan Rubber Industries Bhd paid a dividend of 0.03 MYR . This corresponds to a dividend yield of about 1.04 %. For the coming 12 months, Kossan Rubber Industries Bhd is expected to pay a dividend of 0.02 MYR.

What is the dividend yield of Kossan Rubber Industries Bhd?

The current dividend yield of Kossan Rubber Industries Bhd is 1.04 %.

When does Kossan Rubber Industries Bhd pay dividends?

Kossan Rubber Industries Bhd pays a quarterly dividend. This is distributed in the months of May, April, April, July.

How secure is the dividend of Kossan Rubber Industries Bhd?

Kossan Rubber Industries Bhd paid dividends every year for the past 23 years.

What is the dividend of Kossan Rubber Industries Bhd?

For the upcoming 12 months, dividends amounting to 0.02 MYR are expected. This corresponds to a dividend yield of 1.03 %.

In which sector is Kossan Rubber Industries Bhd located?

Kossan Rubber Industries Bhd is assigned to the 'Health' sector.

Wann musste ich die Aktien von Kossan Rubber Industries Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kossan Rubber Industries Bhd from 7/18/2024 amounting to 0.02 MYR, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Kossan Rubber Industries Bhd pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of Kossan Rubber Industries Bhd in the year 2023?

In the year 2023, Kossan Rubber Industries Bhd distributed 0.12 MYR as dividends.

In which currency does Kossan Rubber Industries Bhd pay out the dividend?

The dividends of Kossan Rubber Industries Bhd are distributed in MYR.

Andere Kennzahlen von Kossan Rubber Industries Bhd

Our stock analysis for Kossan Rubber Industries Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Kossan Rubber Industries Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.