Latest news with #TASOffshore
Yahoo
11-05-2025
- Business
- Yahoo
TAS Offshore Berhad (KLSE:TAS) Has Announced That It Will Be Increasing Its Dividend To MYR0.02
TAS Offshore Berhad's (KLSE:TAS) dividend will be increasing from last year's payment of the same period to MYR0.02 on 18th of June. Based on this payment, the dividend yield for the company will be 3.3%, which is fairly typical for the industry. We've discovered 3 warning signs about TAS Offshore Berhad. View them for free. We aren't too impressed by dividend yields unless they can be sustained over time. TAS Offshore Berhad is quite easily earning enough to cover the dividend, however it is being let down by weak cash flows. 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. If the trend of the last few years continues, EPS will grow by 74.7% over the next 12 months. If the dividend continues along recent trends, we estimate the payout ratio will be 14%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for TAS Offshore Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. There hasn't been much of a change in the dividend over the last 10 years. 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. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. TAS Offshore Berhad has impressed us by growing EPS at 75% per year over the past five years. Rapid earnings growth and a low payout ratio suggest this company has been effectively reinvesting in its business. Should that continue, this company could have a bright future. In summary, while it's always good to see the dividend being raised, we don't think TAS Offshore Berhad's payments are rock solid. While TAS Offshore Berhad is earning enough to cover the payments, the cash flows are lacking. 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. As an example, we've identified 3 warning signs for TAS Offshore 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. 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
11-05-2025
- Business
- Yahoo
TAS Offshore Berhad (KLSE:TAS) Has Announced That It Will Be Increasing Its Dividend To MYR0.02
TAS Offshore Berhad's (KLSE:TAS) dividend will be increasing from last year's payment of the same period to MYR0.02 on 18th of June. Based on this payment, the dividend yield for the company will be 3.3%, which is fairly typical for the industry. We've discovered 3 warning signs about TAS Offshore Berhad. View them for free. We aren't too impressed by dividend yields unless they can be sustained over time. TAS Offshore Berhad is quite easily earning enough to cover the dividend, however it is being let down by weak cash flows. 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. If the trend of the last few years continues, EPS will grow by 74.7% over the next 12 months. If the dividend continues along recent trends, we estimate the payout ratio will be 14%, which is in the range that makes us comfortable with the sustainability of the dividend. Check out our latest analysis for TAS Offshore Berhad The company has a long dividend track record, but it doesn't look great with cuts in the past. There hasn't been much of a change in the dividend over the last 10 years. 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. Growing earnings per share could be a mitigating factor when considering the past fluctuations in the dividend. TAS Offshore Berhad has impressed us by growing EPS at 75% per year over the past five years. Rapid earnings growth and a low payout ratio suggest this company has been effectively reinvesting in its business. Should that continue, this company could have a bright future. In summary, while it's always good to see the dividend being raised, we don't think TAS Offshore Berhad's payments are rock solid. While TAS Offshore Berhad is earning enough to cover the payments, the cash flows are lacking. 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. As an example, we've identified 3 warning signs for TAS Offshore 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. 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
New Straits Times
05-05-2025
- Business
- New Straits Times
TAS Offshore wins RM38mil contracts to supply tugboats for Indonesian firms
KUALA LUMPUR: TAS Offshore Bhd has bagged a RM38 million shipbuilding contracts for six tugboats from two new customers in Indonesia. The company, however, did not disclose the names of the clients in a bourse filing today. The vessels are scheduled for delivery in the financial year ending 2026. "The revenue generated from the contracts is expected to contribute positively to the earnings and net assets of the group for the financial year ending May 31, 2026," it added. In a separate filing, TAS Offshore declared an interim single-tier dividend of two sen per share for FY25, with the payment scheduled for June 18. TAS Offshore's share price closed half a sen or 0.9 per cent lower at 57.5 sen, giving the group a market capitalisation of RM103.5 million.
The Star
05-05-2025
- Business
- The Star
TAS Offshore wins RM38mil shipbuilding contracts
PETALING JAYA: TAS Offshore Bhd has secured shipbuilding contracts for six units of tugboats with a value of approximately RM38mil. In a filing with Bursa Malaysia, the shipbuilding company said the contracts were signed with two new customers from Indonesia. 'These vessels are expected to be delivered during the financial year 2026.' TAS Offshore said the revenue generated from the contracts is expected to contribute positively to the earnings and net assets of TAS Group for the financial year ending May 31, 2026. 'None of the directors and/or major shareholders of TAS or persons connected to them have any interest, direct or indirect, in the above contract,' it said.
