Latest news with #MYR0.03
Yahoo
30-05-2025
- Business
- Yahoo
CSC Steel Holdings Berhad (KLSE:CSCSTEL) Has Announced That Its Dividend Will Be Reduced To MYR0.07
CSC Steel Holdings Berhad (KLSE:CSCSTEL) is reducing its dividend from last year's comparable payment to MYR0.07 on the 10th of July. This means the annual payment is 5.9% of the current stock price, which is above the average for the industry. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A big dividend yield for a few years doesn't mean much if it can't be sustained. The last dividend was quite easily covered by CSC Steel Holdings Berhad's earnings. This means that a large portion of its earnings are being retained to grow the business. The next year is set to see EPS grow by 26.9%. If the dividend continues along recent trends, we estimate the payout ratio will be 55%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for CSC Steel Holdings 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 MYR0.03 in 2015 to the most recent total annual payment of MYR0.07. This means that it has been growing its distributions at 8.8% per annum over that time. We like to see dividends have grown at a reasonable rate, but with at least one substantial cut in the payments, we're not certain this dividend stock would be ideal for someone intending to live on the income. With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. CSC Steel Holdings Berhad hasn't seen much change in its earnings per share over the last five years. The company has been growing at a pretty soft 1.5% per annum, and is paying out quite a lot of its earnings to shareholders. While this isn't necessarily a negative, it definitely signals that dividend growth could be constrained in the future unless earnings start to pick up again. Overall, we think that CSC Steel Holdings Berhad could make a reasonable income stock, even though it did cut the dividend this year. The payout ratio looks good, but unfortunately the company's dividend track record isn't stellar. The dividend looks okay, but there have been some issues in the past, so we would be a little bit cautious. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've picked out 1 warning sign for CSC Steel Holdings Berhad that investors should know about before committing capital to this stock. Is CSC Steel Holdings 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
Yahoo
14-05-2025
- Business
- Yahoo
DKLS Industries Berhad's (KLSE:DKLS) Dividend Will Be MYR0.03
The board of DKLS Industries Berhad (KLSE:DKLS) has announced that it will pay a dividend of MYR0.03 per share on the 15th of August. The dividend yield is 1.7% based on this payment, which is a little bit low compared to the other companies in the industry. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. However, DKLS Industries Berhad's earnings easily cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Looking forward, earnings per share could rise by 36.3% over the next year if the trend from the last few years continues. If the dividend continues on this path, the payout ratio could be 7.3% by next year, which we think can be pretty sustainable going forward. Check out our latest analysis for DKLS Industries Berhad While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The payments haven't really changed that much since 10 years ago. Modest growth in the dividend is good to see, but we think this is offset by historical cuts to the payments. It is hard to live on a dividend income if the company's earnings are not consistent. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. DKLS Industries Berhad has seen EPS rising for the last five years, at 36% per annum. A low payout ratio gives the company a lot of flexibility, and growing earnings also make it very easy for it to grow the dividend. Overall, we think that this is a great income investment, and we think that maintaining the dividend this year may have been a conservative choice. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've identified 3 warning signs for DKLS Industries Berhad (1 is a bit unpleasant!) that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield 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
14-05-2025
- Business
- Yahoo
DKLS Industries Berhad's (KLSE:DKLS) Dividend Will Be MYR0.03
The board of DKLS Industries Berhad (KLSE:DKLS) has announced that it will pay a dividend of MYR0.03 per share on the 15th of August. The dividend yield is 1.7% based on this payment, which is a little bit low compared to the other companies in the industry. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. However, DKLS Industries Berhad's earnings easily cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Looking forward, earnings per share could rise by 36.3% over the next year if the trend from the last few years continues. If the dividend continues on this path, the payout ratio could be 7.3% by next year, which we think can be pretty sustainable going forward. Check out our latest analysis for DKLS Industries Berhad While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The payments haven't really changed that much since 10 years ago. Modest growth in the dividend is good to see, but we think this is offset by historical cuts to the payments. It is hard to live on a dividend income if the company's earnings are not consistent. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. DKLS Industries Berhad has seen EPS rising for the last five years, at 36% per annum. A low payout ratio gives the company a lot of flexibility, and growing earnings also make it very easy for it to grow the dividend. Overall, we think that this is a great income investment, and we think that maintaining the dividend this year may have been a conservative choice. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've identified 3 warning signs for DKLS Industries Berhad (1 is a bit unpleasant!) that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield 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
01-05-2025
- Business
- Yahoo
CSC Steel Holdings Berhad's (KLSE:CSCSTEL) Dividend Will Be Reduced To MYR0.07
CSC Steel Holdings Berhad (KLSE:CSCSTEL) is reducing its dividend to MYR0.07 on the 10th of Julywhich is 26% less than last year's comparable payment of MYR0.094. This means the annual payment is 8.2% of the current stock price, which is above the average for the industry. Our free stock report includes 2 warning signs investors should be aware of before investing in CSC Steel Holdings Berhad. Read for free now. While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Before making this announcement, CSC Steel Holdings 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. Looking forward, earnings per share is forecast to rise by 27.6% over the next year. Assuming the dividend continues along the course it has been charting recently, our estimates show the payout ratio being 61% which brings it into quite a comfortable range. Check out our latest analysis for CSC Steel Holdings Berhad While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the annual payment back then was MYR0.03, compared to the most recent full-year payment of MYR0.094. This works out to be a compound annual growth rate (CAGR) of approximately 12% a year over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. However, CSC Steel Holdings Berhad's EPS was effectively flat over the past five years, which could stop the company from paying more every year. Overall, it's not great to see that the dividend has been cut, but this might be explained by the payments being a bit high previously. 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. This company is not in the top tier of income providing stocks. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. However, there are other things to consider for investors when analysing stock performance. For instance, we've picked out 2 warning signs for CSC Steel Holdings Berhad that investors should take into consideration. 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
27-04-2025
- Business
- Yahoo
Kimlun Corporation Berhad (KLSE:KIMLUN) Is Increasing Its Dividend To MYR0.02
Kimlun Corporation Berhad (KLSE:KIMLUN) will increase its dividend from last year's comparable payment on the 24th of July to MYR0.02. Even though the dividend went up, the yield is still quite low at only 2.0%. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Based on the last payment, Kimlun Corporation Berhad was earning enough to cover the dividend, but free cash flows weren't positive. In general, we consider cash flow to be more important than earnings, so we would be cautious about relying on the sustainability of this dividend. Looking forward, earnings per share is forecast to rise by 35.9% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 8.7%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Kimlun Corporation Berhad While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the dividend has gone from MYR0.03 total annually to MYR0.02. Doing the maths, this is a decline of about 4.0% per year. Declining dividends isn't generally what we look for as they can indicate that the company is running into some challenges. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. In the last five years, Kimlun Corporation Berhad's earnings per share has shrunk at approximately 4.0% per annum. Declining earnings will inevitably lead to the company paying a lower dividend in line with lower profits. 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, this is probably not a great income stock, even though the dividend is being raised at the moment. While the low payout ratio is a redeeming feature, this is offset by the minimal cash to cover the payments. 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. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Just as an example, we've come across 2 warning signs for Kimlun Corporation Berhad you should be aware of, and 1 of them is a bit concerning. 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
