IGB Berhad Dividend
Dividend criteria checks 3/6
IGB Berhad is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
22%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | RM0.23 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IGBB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IGBB's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
IGB Berhad Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (IGBB) | 2.0% |
Market Bottom 25% (MY) | 1.8% |
Market Top 25% (MY) | 4.5% |
Industry Average (Diversified Financial) | 2.5% |
Analyst forecast in 3 Years (IGBB) | 2.8% |
Notable Dividend: IGBB's dividend (2.02%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: IGBB's dividend (2.02%) is low compared to the top 25% of dividend payers in the MY market (4.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), IGBB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11%), IGBB's dividend payments are thoroughly covered by cash flows.