CEKD Berhad Dividend
Dividend criteria checks 2/6
CEKD Berhad is a dividend paying company with a current yield of 4.17% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 29th August, 2024.
Key information
4.2%
Dividend yield
62%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 29 Aug 24 |
| Dividend per share | RM 0.020 |
| Earnings per share | RM 0.032 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether CEKD's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CEKD's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| CEKD Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CEKD) | 4.2% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.7% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast in 3 Years (CEKD) | n/a |
Notable Dividend: CEKD's dividend (4.17%) is higher than the bottom 25% of dividend payers in the MY market (1.79%).
High Dividend: CEKD's dividend (4.17%) is low compared to the top 25% of dividend payers in the MY market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.9%), CEKD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (269.1%), CEKD's dividend payments are not well covered by cash flows.