Asia File Corporation Bhd.

KLSE:ASIAFLE Stock Report

Market Cap: RM 388.0m

Asia File Corporation Bhd Dividend

Dividend criteria checks 4/6

Asia File Bhd is a dividend paying company with a current yield of 5.25% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 2nd October, 2024.

Key information

5.3%

Dividend yield

44%

Payout ratio

Industry average yield2.2%
Next dividend pay date24 Oct 24
Ex dividend date02 Oct 24
Dividend per shareRM 0.105
Earnings per shareRM 0.24
Dividend yield forecast in 3Y4.5%

Recent dividend updates

Asia File Corporation Bhd (KLSE:ASIAFLE) Has Announced A Dividend Of MYR0.035

Aug 22
Asia File Corporation Bhd (KLSE:ASIAFLE) Has Announced A Dividend Of MYR0.035

Recent updates

Asia File Corporation Bhd (KLSE:ASIAFLE) Has Announced A Dividend Of MYR0.035

Aug 22
Asia File Corporation Bhd (KLSE:ASIAFLE) Has Announced A Dividend Of MYR0.035

Increases to CEO Compensation Might Be Put On Hold For Now at Asia File Corporation Bhd. (KLSE:ASIAFLE)

Sep 22
Increases to CEO Compensation Might Be Put On Hold For Now at Asia File Corporation Bhd. (KLSE:ASIAFLE)

Asia File Corporation Bhd (KLSE:ASIAFLE) Is Increasing Its Dividend To MYR0.035

Aug 28
Asia File Corporation Bhd (KLSE:ASIAFLE) Is Increasing Its Dividend To MYR0.035

Asia File Corporation Bhd's (KLSE:ASIAFLE) Upcoming Dividend Will Be Larger Than Last Year's

Jul 31
Asia File Corporation Bhd's (KLSE:ASIAFLE) Upcoming Dividend Will Be Larger Than Last Year's

Asia File Corporation Bhd (KLSE:ASIAFLE) May Have Issues Allocating Its Capital

Jun 14
Asia File Corporation Bhd (KLSE:ASIAFLE) May Have Issues Allocating Its Capital

A Look At The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Jun 06
A Look At The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Has Asia File Corporation Bhd (KLSE:ASIAFLE) Got What It Takes To Become A Multi-Bagger?

Mar 14
Has Asia File Corporation Bhd (KLSE:ASIAFLE) Got What It Takes To Become A Multi-Bagger?

Calculating The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Feb 21
Calculating The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Is Asia File Corporation Bhd (KLSE:ASIAFLE) A Risky Investment?

Feb 06
Is Asia File Corporation Bhd (KLSE:ASIAFLE) A Risky Investment?

Asia File Corporation Bhd's (KLSE:ASIAFLE) Shareholders Are Down 57% On Their Shares

Jan 20
Asia File Corporation Bhd's (KLSE:ASIAFLE) Shareholders Are Down 57% On Their Shares

What We Learned About Asia File Corporation Bhd's (KLSE:ASIAFLE) CEO Compensation

Jan 02
What We Learned About Asia File Corporation Bhd's (KLSE:ASIAFLE) CEO Compensation

How Much Of Asia File Corporation Bhd. (KLSE:ASIAFLE) Do Insiders Own?

Dec 12
How Much Of Asia File Corporation Bhd. (KLSE:ASIAFLE) Do Insiders Own?

We're Watching These Trends At Asia File Corporation Bhd (KLSE:ASIAFLE)

Nov 24
We're Watching These Trends At Asia File Corporation Bhd (KLSE:ASIAFLE)

Upcoming Dividend Payment

TodayAug 31 2024Ex Dividend DateOct 02 2024Dividend Pay DateOct 24 202422 days from Ex DividendBuy in the next 32 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ASIAFLE's dividend payments have been volatile in the past 10 years.

Growing Dividend: ASIAFLE's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Asia File Corporation Bhd Dividend Yield vs Market
How does ASIAFLE dividend yield compare to the market?
SegmentDividend Yield
Company (ASIAFLE)5.3%
Market Bottom 25% (MY)1.8%
Market Top 25% (MY)4.7%
Industry Average (Commercial Services)2.2%
Analyst forecast in 3 Years (ASIAFLE)4.5%

Notable Dividend: ASIAFLE's dividend (5.25%) is higher than the bottom 25% of dividend payers in the MY market (1.88%).

High Dividend: ASIAFLE's dividend (5.25%) is in the top 25% of dividend payers in the MY market (4.7%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.1%), ASIAFLE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), ASIAFLE's dividend payments are well covered by cash flows.


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