Latest news with #ChinTeckPlantations
Yahoo
08-08-2025
- Business
- Yahoo
Why You Might Be Interested In Chin Teck Plantations Berhad (KLSE:CHINTEK) For Its Upcoming Dividend
Explore Chin Teck Plantations Berhad's Fair Values from the Community and select yours Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Chin Teck Plantations Berhad (KLSE:CHINTEK) is about to trade ex-dividend in the next 4 days. The ex-dividend date is two business days before a company's record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. Meaning, you will need to purchase Chin Teck Plantations Berhad's shares before the 13th of August to receive the dividend, which will be paid on the 29th of August. The company's next dividend payment will be RM00.36 per share, and in the last 12 months, the company paid a total of RM0.43 per share. Calculating the last year's worth of payments shows that Chin Teck Plantations Berhad has a trailing yield of 5.1% on the current share price of RM09.95. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Chin Teck Plantations Berhad is paying out just 14% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. What's good is that dividends were well covered by free cash flow, with the company paying out 22% of its cash flow last year. It's positive to see that Chin Teck Plantations Berhad's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. See our latest analysis for Chin Teck Plantations Berhad Click here to see how much of its profit Chin Teck Plantations Berhad paid out over the last 12 months. Have Earnings And Dividends Been Growing? Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. It's encouraging to see Chin Teck Plantations Berhad has grown its earnings rapidly, up 27% a year for the past five years. Chin Teck Plantations Berhad earnings per share have been sprinting ahead like the Road Runner at a track and field day; scarcely stopping even for a cheeky "beep-beep". We also like that it is reinvesting most of its profits in its business.' Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Chin Teck Plantations Berhad has delivered an average of 7.8% per year annual increase in its dividend, based on the past 10 years of dividend payments. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Final Takeaway Is Chin Teck Plantations Berhad an attractive dividend stock, or better left on the shelf? It's great that Chin Teck Plantations Berhad is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. It's disappointing to see the dividend has been cut at least once in the past, but as things stand now, the low payout ratio suggests a conservative approach to dividends, which we like. Overall we think this is an attractive combination and worthy of further research. On that note, you'll want to research what risks Chin Teck Plantations Berhad is facing. Our analysis shows 1 warning sign for Chin Teck Plantations Berhad and you should be aware of this before buying any shares. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
29-07-2025
- Business
- The Star
Chin Teck 3Q earnings surge 53%
PETALING JAYA: Chin Teck Plantations Bhd , which has reported a 52.8% surge in net profit in the third quarter, expects higher average selling prices for fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernel (PK) in the financial year ending Aug 31, 2025. In the third quarter ended May 31, its net profit jumped 52.8% to RM34.6mil, or an earnings per share of 37.94 sen, lifting its nine-month profit to RM84.8mil, or 92.78 sen. Revenue climbed 20.4% to RM80.2mil, bringing cumulative revenue for the period to RM212.8mil. The increase was driven by higher average selling prices and stronger sales volumes of FFB, CPO and PK. Chin Teck Plantations has declared a second interim single-tier dividend of eight sen and a special single-tier dividend of 28 sen in respect of the financial year ending Aug 31. Both dividends are payable on Aug 29, with the ex-date set for Aug 13.
