Latest news with #MYR0.01
Yahoo
5 days ago
- Business
- Yahoo
SLP Resources Berhad (KLSE:SLP) Is Due To Pay A Dividend Of MYR0.01
SLP Resources Berhad (KLSE:SLP) will pay a dividend of MYR0.01 on the 9th of July. This means the annual payment is 5.3% of the current stock price, which is above the average for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A big dividend yield for a few years doesn't mean much if it can't be sustained. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. This situation certainly isn't ideal, and could place significant strain on the balance sheet if it continues. Earnings per share is forecast to rise by 16.3% over the next year. If the dividend continues on its recent course, the payout ratio in 12 months could be 112%, which is a bit high and could start applying pressure to the balance sheet. Check out our latest analysis for SLP Resources Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the dividend has gone from MYR0.0167 total annually to MYR0.0475. This means that it has been growing its distributions at 11% per annum over that time. Despite the rapid growth in the dividend over the past number of years, we have seen the payments go down the past as well, so that makes us cautious. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. In the last five years, SLP Resources Berhad's earnings per share has shrunk at approximately 9.4% per annum. If earnings continue declining, the company may have to make the difficult choice of reducing the dividend or even stopping it completely - the opposite of dividend growth. Earnings are forecast to grow over the next 12 months and if that happens we could still be a little bit cautious until it becomes a pattern. Overall, while some might be pleased that the dividend wasn't cut, we think this may help SLP Resources Berhad make more consistent payments in the future. The company seems to be stretching itself a bit to make such big payments, but it doesn't appear they can be consistent over time. Overall, this doesn't get us very excited from an income standpoint. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. To that end, SLP Resources Berhad has 2 warning signs (and 1 which is a bit concerning) we think you should know about. Is SLP Resources 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.
Yahoo
30-05-2025
- Business
- Yahoo
Scicom (MSC) Berhad's (KLSE:SCICOM) Dividend Will Be Reduced To MYR0.01
Scicom (MSC) Berhad (KLSE:SCICOM) is reducing its dividend from last year's comparable payment to MYR0.01 on the 25th of June. However, the dividend yield of 5.9% is still a decent boost to shareholder returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Before making this announcement, Scicom (MSC) Berhad's dividend was higher than its profits, but the free cash flows quite comfortably covered it. Given that the dividend is a cash outflow, we think that cash is more important than accounting measures of profit when assessing the dividend, so this is a mitigating factor. If the company can't turn things around, EPS could fall by 2.5% over the next year. If the dividend continues along the path it has been on recently, the payout ratio in 12 months could be 99%, which is definitely a bit high to be sustainable going forward. See our latest analysis for Scicom (MSC) Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. The dividend has gone from an annual total of MYR0.0667 in 2015 to the most recent total annual payment of MYR0.05. The dividend has shrunk at around 2.8% a year during that period. A company that decreases its dividend over time generally isn't what we are looking for. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. Scicom (MSC) Berhad has seen earnings per share falling at 2.5% per year over the last five years. A modest decline in earnings isn't great, and it makes it quite unlikely that the dividend will grow in the future unless that trend can be reversed. In summary, dividends being cut isn't ideal, however it can bring the payment into a more sustainable range. The company is generating plenty of cash, which could maintain the dividend for a while, but the track record hasn't been great. We would probably look elsewhere for an income investment. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. As an example, we've identified 2 warning signs for Scicom (MSC) Berhad that you should be aware of before investing. Is Scicom (MSC) 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. Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
Hibiscus Petroleum Berhad (KLSE:HIBISCS) Has Announced That Its Dividend Will Be Reduced To MYR0.01
Hibiscus Petroleum Berhad's (KLSE:HIBISCS) dividend is being reduced from last year's payment covering the same period to MYR0.01 on the 18th of July. However, the dividend yield of 6.1% still remains in a typical range for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. Prior to this announcement, Hibiscus Petroleum Berhad's dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business. Over the next year, EPS is forecast to expand by 50.0%. If the dividend continues along recent trends, we estimate the payout ratio will be 43%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for Hibiscus Petroleum Berhad Looking back, the dividend has been unstable but with a relatively short history, we think it may be a bit early to draw conclusions about long term dividend sustainability. Since 2021, the dividend has gone from MYR0.025 total annually to MYR0.085. This implies that the company grew its distributions at a yearly rate of about 36% over that duration. Hibiscus Petroleum Berhad has grown distributions at a rapid rate despite cutting the dividend at least once in the past. Companies that cut once often cut again, so we would be cautious about buying this stock solely for the dividend income. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Hibiscus Petroleum Berhad hasn't seen much change in its earnings per share over the last five years. Growth of 1.6% per annum is not particularly high, which might explain why the company is paying out a higher proportion of earnings. This could mean the dividend doesn't have the growth potential we look for going into the future. Overall, while it's not great to see that the dividend has been cut, we think the company is now in a good position to make consistent payments going into the future. While the payout ratios are a good sign, we are less enthusiastic about the company's dividend record. The payment isn't stellar, but it could make a decent addition to a dividend portfolio. 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. As an example, we've identified 2 warning signs for Hibiscus Petroleum Berhad that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. 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. Sign in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Cloudpoint Technology Berhad (KLSE:CLOUDPT) Has Announced A Dividend Of MYR0.01
Cloudpoint Technology Berhad (KLSE:CLOUDPT) will pay a dividend of MYR0.01 on the 2nd of April. Including this payment, the dividend yield on the stock will be 2.6%, which is a modest boost for shareholders' returns. See our latest analysis for Cloudpoint Technology Berhad If it is predictable over a long period, even low dividend yields can be attractive. The last dividend was quite easily covered by Cloudpoint Technology Berhad's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. The next year is set to see EPS grow by 45.4%. If the dividend continues along recent trends, we estimate the payout ratio will be 27%, which is in the range that makes us comfortable with the sustainability of the dividend. It's not possible for us to make a backward looking judgement just based on a short payment history. This doesn't mean that the company can't pay a good dividend, but just that we want to wait until it can prove itself. Investors could be attracted to the stock based on the quality of its payment history. Unfortunately things aren't as good as they seem. Cloudpoint Technology Berhad's earnings per share has shrunk at 61% a year over the past five years. This steep decline can indicate that the business is going through a tough time, which could constrain its ability to pay a larger dividend each year in the future. Over the next year, however, earnings are actually predicted to rise, but we would still be cautious until a track record of earnings growth can be built. Overall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. Overall, we don't think this company has the makings of a good income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. For example, we've picked out 2 warning signs for Cloudpoint Technology Berhad that investors should know about before committing capital to this stock. Is Cloudpoint Technology 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. Sign in to access your portfolio
