Turbo-Mech Berhad Dividend
Dividend criteria checks 2/6
Turbo-Mech Berhad is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
38%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | RM0.026 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Returns On Capital At Turbo-Mech Berhad (KLSE:TURBO) Have Hit The Brakes
Nov 25
Turbo-Mech Berhad's (KLSE:TURBO) Solid Profits Have Weak Fundamentals
May 30Turbo-Mech Berhad (KLSE:TURBO) Is Due To Pay A Dividend Of RM0.02
May 12Returns On Capital At Turbo-Mech Berhad (KLSE:TURBO) Have Hit The Brakes
Aug 17Should You Be Adding Turbo-Mech Berhad (KLSE:TURBO) To Your Watchlist Today?
May 17Does Turbo-Mech Berhad (KLSE:TURBO) Have A Place In Your Dividend Portfolio?
Apr 13Will Turbo-Mech Berhad (KLSE:TURBO) Multiply In Value Going Forward?
Mar 16Turbo-Mech Berhad (KLSE:TURBO) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Feb 16
Should You Be Adding Turbo-Mech Berhad (KLSE:TURBO) To Your Watchlist Today?
Jan 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TURBO's dividend payments have been volatile in the past 10 years.
Growing Dividend: TURBO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Turbo-Mech Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TURBO) | 1.5% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Trade Distributors) | 1.6% |
| Analyst forecast in 3 Years (TURBO) | n/a |
Notable Dividend: TURBO's dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.83%).
High Dividend: TURBO's dividend (1.54%) is low compared to the top 25% of dividend payers in the MY market (4.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), TURBO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.6%), TURBO's dividend payments are well covered by cash flows.