Hibiscus Petroleum Berhad Dividend
Dividend criteria checks 3/6
Hibiscus Petroleum Berhad is a dividend paying company with a current yield of 3.68% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 25th September, 2024.
Key information
3.7%
Dividend yield
13%
Payout ratio
| Industry average yield | 6.4% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 25 Sep 24 |
| Dividend per share | RM 0.075 |
| Earnings per share | RM 0.59 |
| Dividend yield forecast | 3.7% |
Recent dividend updates
Hibiscus Petroleum Berhad (KLSE:HIBISCS) Will Pay A Dividend Of MYR0.015
Sep 13
Hibiscus Petroleum Berhad (KLSE:HIBISCS) Will Pay A Dividend Of MYR0.015
Aug 30Recent updates
Hibiscus Petroleum Berhad (KLSE:HIBISCS) Will Pay A Dividend Of MYR0.015
Sep 13Hibiscus Petroleum Berhad (KLSE:HIBISCS) Will Pay A Dividend Of MYR0.015
Aug 30Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Due To Pay A Dividend Of MYR0.0125
Oct 22Why We Like The Returns At Hibiscus Petroleum Berhad (KLSE:HIBISCS)
Mar 17We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Might Have The DNA Of A Multi-Bagger
Dec 09These 4 Measures Indicate That Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Using Debt Reasonably Well
Oct 10Here's Why We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Well Worth Watching
Sep 23Earnings Beat: Hibiscus Petroleum Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 26Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Looking To Continue Growing Its Returns On Capital
Jun 22Is There An Opportunity With Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 48% Undervaluation?
May 27Hibiscus Petroleum Berhad's (KLSE:HIBISCS) Returns On Capital Are Heading Higher
Feb 24Growth Investors: Industry Analysts Just Upgraded Their Hibiscus Petroleum Berhad (KLSE:HIBISCS) Revenue Forecasts By 20%
Jun 08Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Experiencing Growth In Returns On Capital
May 17We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Taking Some Risk With Its Debt
Mar 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HIBISCS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HIBISCS's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Hibiscus Petroleum Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HIBISCS) | 3.7% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.7% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (HIBISCS) (up to 3 years) | 3.7% |
Notable Dividend: HIBISCS's dividend (3.68%) is higher than the bottom 25% of dividend payers in the MY market (1.9%).
High Dividend: HIBISCS's dividend (3.68%) is low compared to the top 25% of dividend payers in the MY market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.9%), HIBISCS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.2%), HIBISCS's dividend payments are well covered by cash flows.