Latest news with #DutchLady
The Star
11 hours ago
- Business
- The Star
Bursa Malaysia ends higher amid regional gains
KUALA LUMPUR: Bursa Malaysia ended higher on Monday, supported by gains in blue chips and positive regional market sentiment. The FBM KLCI gained 0.17% or 2.62 points to 1,519.41, with gainers outnumbering losers 535 to 400 on trade of 2.6 billion shares worth RM1.84bil on the broader market. Daily gainers for FBM KLCI constituents at 15 counters outweigh the losers at 12 counters, while three remain unchanged. The top gainer on Bursa Malaysia was Dutch Lady , which jumped 74 sen to RM29.70. Malaysian Pacific Industries rose 70 sen to RM20.90, Ayer added 36 sen to RM7.60 and Pentamaster rose 20 sen to RM2.80. Meanwhile, the top decliner was Nestle, which lost RM1.38 to RM75.74. PETRONAS Dagangan eased 36 sen to RM20.64, LPI Capital fell 30 sen to RM14.60 and Batu Kawan lost 20 sen to RM19. ACE Market debutant Hartanah Kenyalang closed 1.5 sen lower, or 9.38% down, at 14.5 sen. It was among the most actively traded counters on Bursa Malaysia, with 37.44 million shares changing hands. On the forex market, the ringgit slipped 0.04% against the US dollar to 4.2332. The local currency also weakened 0.35% against the pound sterling to 5.7466, and 0.17% against the Singapore dollar to 3.2952. Regional markets ended broadly higher, with Japan's Nikkei 225 up 0.92%, South Korea's Kospi gaining 1.55%, Hong Kong's Hang Seng rising 1.63%, and China's CSI 300 advancing 0.29%.
The Star
28-05-2025
- Business
- The Star
Last-minute selling pushes FBM KLCI to intraday low
KUALA LUMPUR: Last-minute selling pushed the FBM KLCI lower on Wednesday, after spending the day vacillating between gains and losses. At 5pm, the benchmark index closed down 2.68 points, or 0.18% to 1,523.48, its intraday low. There were 435 gainers against 474 decliners while 499 counters unchanged. About 2.5 billion shares, valued at RM2.04bil, changed hands. Dealers said the spate of lacklustre corporate results has dampened market sentiment, causing more investors to stay on the sidelines. They added that this cautious mood is likely to persist, limiting market momentum. Among the decliners, Nestle fell 50 sen to RM81, Kuala Lumpur Kepong lost 46 sen to RM19.90, Dutch Lady eased 30 sen to RM29 and MBM Resources declined 20 sen to RM5.36. Sunway Construction rose 49 sen to RM5.95, PETRONAS Dagangan added 40 sen to RM20.20, Hong Leong Industries climbed 22 sen to RM14 and Carlsberg gained 20 sen to RM19.50. Among the banks, Maybank declined one sen to RM9.84, CIMB eased three sen to RM6.87, Public Bank fell five sen to RM4.33, RHB Bank lost 18 sen to RM6.67, while Hong Leong Bank rose two sen to RM19.90. According to Bursa Malaysia data, foreign investors continued to sell local equities, disposing of RM170mil on Tuesday, while local institutions and retailers bought equities worth RM120mil and RM50mil, respectively. Meanwhile, the local currency rose 0.17% against the US dollar to 4.2315, gained 0.23% versus the Singapore dollar at 3.2853, and strengthened 0.54% against the pound sterling to 5.7110. Asian bourses closed mixed today, with Japan's Nikkei 225 down 0.004%, South Korea's Kospi up 1.25%, Hong Kong's Hang Seng down 0.53%, and China's CSI 300 Index falling 0.08%.
Yahoo
25-05-2025
- Business
- Yahoo
Dutch Lady Milk Industries Berhad (KLSE:DLADY) Is Paying Out A Dividend Of MYR0.25
The board of Dutch Lady Milk Industries Berhad (KLSE:DLADY) has announced that it will pay a dividend on the 17th of June, with investors receiving MYR0.25 per share. Including this payment, the dividend yield on the stock will be 1.7%, which is a modest boost for shareholders' returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Even a low dividend yield can be attractive if it is sustained for years on end. Prior to this announcement, Dutch Lady Milk Industries Berhad's earnings easily covered the dividend, but free cash flows were negative. With the company not bringing in any cash, paying out to shareholders is bound to become difficult at some point. Looking forward, earnings per share is forecast to rise by 23.6% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 25% by next year, which is in a pretty sustainable range. See our latest analysis for Dutch Lady Milk Industries Berhad The company's dividend history has been marked by instability, with at least one cut in the last 10 years. The annual payment during the last 10 years was MYR2.40 in 2015, and the most recent fiscal year payment was MYR0.50. This works out to a decline of approximately 79% over that time. A company that decreases its dividend over time generally isn't what we are looking for. Given that dividend payments have been shrinking like a glacier in a warming world, we need to check if there are some bright spots on the horizon. Dutch Lady Milk Industries Berhad hasn't seen much change in its earnings per share over the last five years. If Dutch Lady Milk Industries Berhad is struggling to find viable investments, it always has the option to increase its payout ratio to pay more to shareholders. In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Dutch Lady Milk Industries Berhad's payments, as there could be some issues with sustaining them into the future. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. We don't think Dutch Lady Milk Industries Berhad is a great stock to add to your portfolio if income is your focus. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Taking the debate a bit further, we've identified 1 warning sign for Dutch Lady Milk Industries Berhad that investors need to be conscious of moving forward. Is Dutch Lady Milk Industries Berhad not quite the opportunity you were looking for? Why not check out 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
Malaysian Reserve
22-05-2025
- Business
- Malaysian Reserve
Dutch Lady 1Q profit falls 6% on one-off transition costs, declares 25 sen dividend
DUTCH Lady Milk Industries Bhd posted a 6.1% drop in net profit to RM25.03 million for the first quarter ended March 31, 2025 (1QFY2025), weighed down by RM8.3 million in one-off costs tied to its transition to a new distribution centre. Its operating profit declined 4.1% to RM34.8 million, it told the bourse in a filing today. Revenue rose 2.9% year-on-year to RM373.4 million, supported by higher sales in core liquid milk, infant formula, and new product innovations. The group declared a 25 sen interim dividend, payable June 17. It remains cautiously optimistic but warned of continued margin pressures from forex volatility, rising input costs, and regulatory risks. Dutch Lady shares closed 44 sen higher at RM30.10 today, giving it a market capitalisation of RM1.93 billion. –TMR
The Star
14-05-2025
- Business
- The Star
FBM KLCI rebounds, closes higher amid regional gains
KUALA LUMPUR: The FBM KLCI rebounded to finish higher on Wednesday, supported by improved sentiment and gains across regional peers. The 30-stock index rose 1.12 points, or 0.07% to 1,583.51 after moving between its intraday high of 1,583.67 and low of 1,573.44. The market showed positive breadth, with more gainers than losers—762 stocks rose, while 360 declined. Liquidity improved to 4.20 billion units valued at RM3.29bil. Among the gainers on Bursa Malaysia, Kluang Rubber rose 45 sen to RM5.96, Malaysian Pacific Industries added 34 sen to RM21.32, Dutch Lady climbed 30 sen to RM29.30 and Hengyuan increased 30 sen to RM1.94. Decliners included United Plantations, which slid 50 sen to RM22.48, Carlsberg, down 32 sen to RM19.16, Nestle, which fell 20 sen to RM84.80, and Chin Tek, losing 19 sen to RM8.19. Among the banks, Public Bank gained three sen to RM4.53, RHB Bank fell four sen to RM6.78, and CIMB lost seven sen to RM7.24. Maybank and Hong Leong Bank closed unchanged at RM10.20 and RM20.20, respectively. Meanwhile, the ringgit strengthened by 0.71% against the US dollar to 4.2910 and gained 0.06% against the Singapore dollar, reaching 3.3097. On the external front, MSCI's Asia ex-Japan stock index was 1.64% higher. Japan's Nikkei 225 closed down 0.14% to 38,128.13 while South Korea's Kospi rose 1.23% to 2,640.57. China's CSI 300 index rose 1.21% to 3,943.21 while the Shanghai Composite added 0.86% to 3,403.95. Hong Kong's Hang Seng closed up 2.3% at 23,640.65.
