PT Aneka Tambang Tbk Dividend yield
What is the Dividend yield of PT Aneka Tambang Tbk?
The Dividend yield of PT Aneka Tambang Tbk is 4.69%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Materials sector on ASX compared to PT Aneka Tambang Tbk
What does PT Aneka Tambang Tbk do?
PT Aneka Tambang Tbk operates as a diversified mining and metals company in Indonesia. The company operates through three segments: Nickel, Precious Metals and Refinery, and Bauxite and Alumina. It is involved in the exploration, excavation, processing, and marketing of alumia, nickel ore, ferronickel, gold, silver, bauxite, and coal. The company also engages in the construction, trading, industry, agriculture, printing, and ground transportation businesses; manufacture and sale of stainless steel; and provision of industrial area management and heavy equipment rental services. It also exports its products. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia. PT Aneka Tambang Tbk is a subsidiary of PT Indonesia Asahan Aluminium (Persero).
Companies with dividend yield similar to PT Aneka Tambang Tbk
- China Merchants Securities Co has Dividend yield of 4.67%
- Bank of Marin Bancorp has Dividend yield of 4.68%
- Selectirente has Dividend yield of 4.68%
- Western Asset Investment Grade Income Fund Inc has Dividend yield of 4.68%
- Warehouses De Pauw SCA has Dividend yield of 4.69%
- Playmates Toys has Dividend yield of 4.69%
- PT Aneka Tambang Tbk has Dividend yield of 4.69%
- United Utilities Plc has Dividend yield of 4.69%
- Insight Select Income Fund has Dividend yield of 4.69%
- Philip Morris International has Dividend yield of 4.69%
- Bristol-Myers Squibb Co has Dividend yield of 4.69%
- UniCredit SpA has Dividend yield of 4.69%
- Nuveen Arizona Quality Municipal Income Fund has Dividend yield of 4.69%