Tong Herr Resources Berhad Dividend
Dividend criteria checks 3/6
Tong Herr Resources Berhad is a dividend paying company with a current yield of 3.1%. Next payment date is on 14th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
3.1%
Dividend yield
179%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.042 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Tong Herr Resources Berhad's (KLSE:TONGHER) Dividend Will Be Reduced To MYR0.075
Apr 28
Tong Herr Resources Berhad's (KLSE:TONGHER) Promising Earnings May Rest On Soft Foundations
Mar 04Tong Herr Resources Berhad (KLSE:TONGHER) Is Experiencing Growth In Returns On Capital
Aug 31Should You Or Shouldn't You: A Dividend Analysis on Tong Herr Resources Berhad (KLSE:TONGHER)
Mar 31Is Tong Herr Resources Berhad (KLSE:TONGHER) A Risky Investment?
Mar 02Would Shareholders Who Purchased Tong Herr Resources Berhad's (KLSE:TONGHER) Stock Three Years Be Happy With The Share price Today?
Feb 03Does Tong Herr Resources Berhad (KLSE:TONGHER) Have A Place In Your Dividend Portfolio?
Dec 16
These 4 Measures Indicate That Tong Herr Resources Berhad (KLSE:TONGHER) Is Using Debt Safely
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TONGHER's dividend payments have been volatile in the past 10 years.
Growing Dividend: TONGHER's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tong Herr Resources Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TONGHER) | 3.1% |
| Market Bottom 25% (MY) | 1.7% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Machinery) | 1.5% |
| Analyst forecast in 3 Years (TONGHER) | n/a |
Notable Dividend: TONGHER's dividend (3.1%) is higher than the bottom 25% of dividend payers in the MY market (1.74%).
High Dividend: TONGHER's dividend (3.1%) is low compared to the top 25% of dividend payers in the MY market (4.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (179.3%), TONGHER's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), TONGHER's dividend payments are well covered by cash flows.