ELK-Desa Resources Berhad

KLSE:ELKDESA Stock Report

Market Cap: RM577.6m

ELK-Desa Resources Berhad Dividend

Dividend criteria checks 3/6

ELK-Desa Resources Berhad is a dividend paying company with a current yield of 4.33% that is well covered by earnings.

Key information

4.3%

Dividend yield

73%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareRM0.076
Dividend yield forecast in 3Y4.3%

Recent dividend updates

ELK-Desa Resources Berhad (KLSE:ELKDESA) Has Announced A Dividend Of MYR0.035

May 24
ELK-Desa Resources Berhad (KLSE:ELKDESA) Has Announced A Dividend Of MYR0.035

ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out A Larger Dividend Than Last Year

Nov 20
ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out A Larger Dividend Than Last Year

Recent updates

ELK-Desa Resources Berhad (KLSE:ELKDESA) Has Announced A Dividend Of MYR0.035

May 24
ELK-Desa Resources Berhad (KLSE:ELKDESA) Has Announced A Dividend Of MYR0.035

ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out A Larger Dividend Than Last Year

Nov 20
ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out A Larger Dividend Than Last Year

ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out Less In Dividends Than Last Year

May 23
ELK-Desa Resources Berhad (KLSE:ELKDESA) Is Paying Out Less In Dividends Than Last Year

Are Dividend Investors Getting More Than They Bargained For With ELK-Desa Resources Berhad's (KLSE:ELKDESA) Dividend?

Apr 06
Are Dividend Investors Getting More Than They Bargained For With ELK-Desa Resources Berhad's (KLSE:ELKDESA) Dividend?

What Type Of Shareholders Make Up ELK-Desa Resources Berhad's (KLSE:ELKDESA) Share Registry?

Mar 02
What Type Of Shareholders Make Up ELK-Desa Resources Berhad's (KLSE:ELKDESA) Share Registry?

Introducing ELK-Desa Resources Berhad (KLSE:ELKDESA), A Stock That Climbed 20% In The Last Three Years

Jan 31
Introducing ELK-Desa Resources Berhad (KLSE:ELKDESA), A Stock That Climbed 20% In The Last Three Years

Are Dividend Investors Making A Mistake With ELK-Desa Resources Berhad (KLSE:ELKDESA)?

Dec 26
Are Dividend Investors Making A Mistake With ELK-Desa Resources Berhad (KLSE:ELKDESA)?

Here's Why We're Wary Of Buying ELK-Desa Resources Berhad's (KLSE:ELKDESA) For Its Upcoming Dividend

Nov 29
Here's Why We're Wary Of Buying ELK-Desa Resources Berhad's (KLSE:ELKDESA) For Its Upcoming Dividend

What Is The Ownership Structure Like For ELK-Desa Resources Berhad (KLSE:ELKDESA)?

Nov 28
What Is The Ownership Structure Like For ELK-Desa Resources Berhad (KLSE:ELKDESA)?

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: ELKDESA's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

ELK-Desa Resources Berhad Dividend Yield vs Market
How does ELKDESA dividend yield compare to the market?
SegmentDividend Yield
Company (ELKDESA)4.3%
Market Bottom 25% (MY)1.8%
Market Top 25% (MY)4.5%
Industry Average (Consumer Finance)1.6%
Analyst forecast in 3 Years (ELKDESA)4.3%

Notable Dividend: ELKDESA's dividend (4.33%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).

High Dividend: ELKDESA's dividend (4.33%) is low compared to the top 25% of dividend payers in the MY market (4.52%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (72.6%), ELKDESA's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ELKDESA is paying a dividend but the company has no free cash flows.


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