Kumpulan Kitacon Berhad Dividends and Buybacks
Dividend criteria checks 3/6
Kumpulan Kitacon Berhad is a dividend paying company with a current yield of 2.78% that is well covered by earnings.
Key information
2.8%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | -67.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RM 0.020 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KITACON has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KITACON has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Kumpulan Kitacon Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KITACON) | 2.8% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Construction) | 2.3% |
| Analyst forecast (KITACON) (up to 3 years) | 2.8% |
Notable Dividend: KITACON's dividend (2.78%) is higher than the bottom 25% of dividend payers in the MY market (1.9%).
High Dividend: KITACON's dividend (2.78%) is low compared to the top 25% of dividend payers in the MY market (4.89%).
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.