Kumpulan Kitacon Berhad Dividend
Dividend criteria checks 3/6
Kumpulan Kitacon Berhad is a dividend paying company with a current yield of 2.7% that is well covered by earnings.
Key information
2.7%
Dividend yield
25%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RM 0.020 |
| Earnings per share | RM 0.081 |
| Dividend yield forecast | 2.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether KITACON's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if KITACON's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Kumpulan Kitacon Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KITACON) | 2.7% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.8% |
| Industry Average (Construction) | 2.5% |
| Analyst forecast (KITACON) (up to 3 years) | 2.7% |
Notable Dividend: KITACON's dividend (2.7%) is higher than the bottom 25% of dividend payers in the MY market (1.93%).
High Dividend: KITACON's dividend (2.7%) is low compared to the top 25% of dividend payers in the MY market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.6%), KITACON's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), KITACON's dividend payments are well covered by cash flows.