Carimin Petroleum Berhad

KLSE:CARIMIN Stock Report

Market Cap: RM 197.6m

Carimin Petroleum Berhad Dividend

Dividend criteria checks 4/6

Carimin Petroleum Berhad is a dividend paying company with a current yield of 3.55% that is well covered by earnings.

Key information

3.6%

Dividend yield

18%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareRM 0.030
Earnings per shareRM 0.20
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Return Trends At Carimin Petroleum Berhad (KLSE:CARIMIN) Aren't Appealing

Aug 08
Return Trends At Carimin Petroleum Berhad (KLSE:CARIMIN) Aren't Appealing

Carimin Petroleum Berhad (KLSE:CARIMIN) Might Have The Makings Of A Multi-Bagger

Jan 26
Carimin Petroleum Berhad (KLSE:CARIMIN) Might Have The Makings Of A Multi-Bagger

The Return Trends At Carimin Petroleum Berhad (KLSE:CARIMIN) Look Promising

Feb 22
The Return Trends At Carimin Petroleum Berhad (KLSE:CARIMIN) Look Promising

Returns Are Gaining Momentum At Carimin Petroleum Berhad (KLSE:CARIMIN)

Aug 23
Returns Are Gaining Momentum At Carimin Petroleum Berhad (KLSE:CARIMIN)

Carimin Petroleum Berhad (KLSE:CARIMIN) Shareholders Will Want The ROCE Trajectory To Continue

Mar 07
Carimin Petroleum Berhad (KLSE:CARIMIN) Shareholders Will Want The ROCE Trajectory To Continue

Does Carimin Petroleum Berhad (KLSE:CARIMIN) Have A Healthy Balance Sheet?

Jan 12
Does Carimin Petroleum Berhad (KLSE:CARIMIN) Have A Healthy Balance Sheet?

Here's Why We Think Carimin Petroleum Berhad (KLSE:CARIMIN) Is Well Worth Watching

Dec 17
Here's Why We Think Carimin Petroleum Berhad (KLSE:CARIMIN) Is Well Worth Watching

The Return Trends At Carimin Petroleum Berhad (KLSE:CARIMIN) Look Promising

Nov 26
The Return Trends At Carimin Petroleum Berhad (KLSE:CARIMIN) Look Promising

Carimin Petroleum Berhad (KLSE:CARIMIN) Has A Pretty Healthy Balance Sheet

Sep 20
Carimin Petroleum Berhad (KLSE:CARIMIN) Has A Pretty Healthy Balance Sheet

Carimin Petroleum Berhad (KLSE:CARIMIN) Might Have The Makings Of A Multi-Bagger

Jul 29
Carimin Petroleum Berhad (KLSE:CARIMIN) Might Have The Makings Of A Multi-Bagger

We Think Carimin Petroleum Berhad (KLSE:CARIMIN) Can Stay On Top Of Its Debt

May 28
We Think Carimin Petroleum Berhad (KLSE:CARIMIN) Can Stay On Top Of Its Debt

Carimin Petroleum Berhad (KLSE:CARIMIN) Is Experiencing Growth In Returns On Capital

Apr 29
Carimin Petroleum Berhad (KLSE:CARIMIN) Is Experiencing Growth In Returns On Capital

Here's Why Carimin Petroleum Berhad (KLSE:CARIMIN) Can Manage Its Debt Responsibly

Feb 09
Here's Why Carimin Petroleum Berhad (KLSE:CARIMIN) Can Manage Its Debt Responsibly

What Do The Returns At Carimin Petroleum Berhad (KLSE:CARIMIN) Mean Going Forward?

Jan 14
What Do The Returns At Carimin Petroleum Berhad (KLSE:CARIMIN) Mean Going Forward?

Do Its Financials Have Any Role To Play In Driving Carimin Petroleum Berhad's (KLSE:CARIMIN) Stock Up Recently?

Dec 22
Do Its Financials Have Any Role To Play In Driving Carimin Petroleum Berhad's (KLSE:CARIMIN) Stock Up Recently?

Does Carimin Petroleum Berhad's (KLSE:CARIMIN) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 01
Does Carimin Petroleum Berhad's (KLSE:CARIMIN) Statutory Profit Adequately Reflect Its Underlying Profit?

Stability and Growth of Payments

Fetching dividends data

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

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


Dividend Yield vs Market

Carimin Petroleum Berhad Dividend Yield vs Market
How does CARIMIN dividend yield compare to the market?
SegmentDividend Yield
Company (CARIMIN)3.6%
Market Bottom 25% (MY)1.9%
Market Top 25% (MY)4.7%
Industry Average (Energy Services)1.9%
Analyst forecast (CARIMIN) (up to 3 years)n/a

Notable Dividend: CARIMIN's dividend (3.55%) is higher than the bottom 25% of dividend payers in the MY market (1.9%).

High Dividend: CARIMIN's dividend (3.55%) is low compared to the top 25% of dividend payers in the MY market (4.74%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.7%), CARIMIN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (73.9%), CARIMIN's dividend payments are covered by cash flows.


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