PT XL Axiata Tbk Payout ratio
What is the Payout ratio of PT XL Axiata Tbk?
The Payout ratio of PT XL Axiata Tbk is 26.08%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Communication Services sector on OTC compared to PT XL Axiata Tbk
What does PT XL Axiata Tbk do?
PT XL Axiata Tbk provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company offers cellular mobile and closed fixed network, Internet service provider, voice over Internet protocol, content provider, money remitter service, e-money issuance services, and Internet interconnection services. It also provides leased line, VPN MPLS, corporate Internet, and voice over Internet protocol services; mobile data and home broadband services; data center and cloud services; mobile communication services; and mobile advertising and big data services, such as messaging services, display services, and digital rewards, as well as Internet of Things based solutions. The company was formerly known as PT Excelcomindo Pratama Tbk. and changed its name to PT XL Axiata Tbk in 2009. The company was founded in 1989 and is headquartered in Jakarta Selatan, Indonesia. PT XL Axiata Tbk is a subsidiary of Axiata Investments (Indonesia) Sdn. Bhd.
Companies with payout ratio similar to PT XL Axiata Tbk
- Empire Co has Payout ratio of 26.00%
- High Liner Foods has Payout ratio of 26.00%
- ScS Plc has Payout ratio of 26.01%
- First National has Payout ratio of 26.02%
- Anglikang has Payout ratio of 26.04%
- ICICI Bank has Payout ratio of 26.04%
- PT XL Axiata Tbk has Payout ratio of 26.08%
- Avingtrans plc has Payout ratio of 26.09%
- Umicore has Payout ratio of 26.13%
- Supply Network has Payout ratio of 26.14%
- Halma Plc has Payout ratio of 26.14%
- Investar Corp has Payout ratio of 26.14%
- Science Applications International has Payout ratio of 26.15%