Latest news with #MYR0.07
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
P.I.E. Industrial Berhad's (KLSE:PIE) Dividend Will Be Reduced To MYR0.05
P.I.E. Industrial Berhad (KLSE:PIE) is reducing its dividend to MYR0.05 on the 20th of Junewhich is 29% less than last year's comparable payment of MYR0.07. Based on this payment, the dividend yield will be 1.5%, which is lower than the average for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. 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, prior to this announcement, P.I.E. Industrial Berhad's dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. Looking forward, earnings per share is forecast to rise by 125.7% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 18%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for P.I.E. Industrial Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was MYR0.05, compared to the most recent full-year payment of MYR0.07. This implies that the company grew its distributions at a yearly rate of about 3.4% over that duration. The dividend has seen some fluctuations in the past, so even though the dividend was raised this year, we should remember that it has been cut in the past. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. P.I.E. Industrial Berhad has seen EPS rising for the last five years, at 7.8% per annum. With a decent amount of growth and a low payout ratio, we think this bodes well for P.I.E. Industrial Berhad's prospects of growing its dividend payments in the future. Overall, we think that P.I.E. Industrial 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 payment isn't stellar, but it could make a decent addition to a dividend portfolio. 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. As an example, we've identified 1 warning sign for P.I.E. Industrial Berhad that you should be aware of before investing. Is P.I.E. Industrial 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
14-05-2025
- Business
- Yahoo
P.I.E. Industrial Berhad's (KLSE:PIE) Dividend Will Be Reduced To MYR0.05
P.I.E. Industrial Berhad (KLSE:PIE) is reducing its dividend to MYR0.05 on the 20th of Junewhich is 29% less than last year's comparable payment of MYR0.07. Based on this payment, the dividend yield will be 1.5%, which is lower than the average for the industry. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. 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, prior to this announcement, P.I.E. Industrial Berhad's dividend was comfortably covered by both cash flow and earnings. As a result, a large proportion of what it earned was being reinvested back into the business. Looking forward, earnings per share is forecast to rise by 125.7% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 18%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for P.I.E. Industrial Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was MYR0.05, compared to the most recent full-year payment of MYR0.07. This implies that the company grew its distributions at a yearly rate of about 3.4% over that duration. The dividend has seen some fluctuations in the past, so even though the dividend was raised this year, we should remember that it has been cut in the past. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. P.I.E. Industrial Berhad has seen EPS rising for the last five years, at 7.8% per annum. With a decent amount of growth and a low payout ratio, we think this bodes well for P.I.E. Industrial Berhad's prospects of growing its dividend payments in the future. Overall, we think that P.I.E. Industrial 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 payment isn't stellar, but it could make a decent addition to a dividend portfolio. 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. As an example, we've identified 1 warning sign for P.I.E. Industrial Berhad that you should be aware of before investing. Is P.I.E. Industrial 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
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
25-04-2025
- Business
- Yahoo
SD Guthrie Berhad (KLSE:SDG) Is Increasing Its Dividend To MYR0.1171
The board of SD Guthrie Berhad (KLSE:SDG) has announced that it will be paying its dividend of MYR0.1171 on the 23rd of May, an increased payment from last year's comparable dividend. This takes the annual payment to 3.5% of the current stock price, which is about average for the industry. We've discovered 2 warning signs about SD Guthrie Berhad. View them for free. We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. The last payment was quite easily covered by earnings, but it made up 155% of cash flows. This signals that the company is more focused on returning cash flow to shareholders, but it could mean that the dividend is exposed to cuts in the future. Over the next year, EPS is forecast to fall by 22.7%. Assuming the dividend continues along recent trends, we believe the payout ratio could be 70%, which we are pretty comfortable with and we think is feasible on an earnings basis. Check out our latest analysis for SD Guthrie Berhad SD Guthrie Berhad has been paying dividends for a while, but the track record isn't stellar. Due to this, we are a little bit cautious about the dividend consistency over a full economic cycle. The dividend has gone from an annual total of MYR0.07 in 2018 to the most recent total annual payment of MYR0.164. This implies that the company grew its distributions at a yearly rate of about 13% over that duration. 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. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. We are encouraged to see that SD Guthrie Berhad has grown earnings per share at 78% per year over the past five years. The company doesn't have any problems growing, despite returning a lot of capital to shareholders, which is a very nice combination for a dividend stock to have. Overall, we always like to see the dividend being raised, but we don't think SD Guthrie Berhad will make a great income stock. With cash flows lacking, it is difficult to see how the company can sustain a dividend payment. 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. To that end, SD Guthrie Berhad has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about. 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
