Petron Malaysia Refining & Marketing Bhd Dividend
Dividend criteria checks 5/6
Petron Malaysia Refining & Marketing Bhd is a dividend paying company with a current yield of 4.7% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
4.7%
Dividend yield
23%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | 04 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | RM1.01 |
| Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Increasing Its Dividend To MYR0.25
Apr 28
Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Upcoming Dividend Will Be Larger Than Last Year's
May 29Recent updates
Rainbows and Unicorns: The Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Analyst Just Became A Lot More Optimistic
May 28Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Increasing Its Dividend To MYR0.25
Apr 28Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) May Have Issues Allocating Its Capital
Aug 23We Think Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Taking Some Risk With Its Debt
Jun 25Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Upcoming Dividend Will Be Larger Than Last Year's
May 29Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Returns On Capital Not Reflecting Well On The Business
Apr 30We Think That There Are Some Issues For Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Beyond Its Promising Earnings
Sep 02Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Is Carrying A Fair Bit Of Debt
May 10Update: Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Stock Gained 89% In The Last Year
Mar 18Factors Income Investors Should Consider Before Adding Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) To Their Portfolio
Feb 11We Think Petron Malaysia Refining & Marketing Bhd (KLSE:PETRONM) Has A Fair Chunk Of Debt
Jan 07
If You Had Bought Petron Malaysia Refining & Marketing Bhd's (KLSE:PETRONM) Shares Three Years Ago You Would Be Down 67%
Dec 02Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PETRONM's dividend payments have been volatile in the past 10 years.
Growing Dividend: PETRONM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Petron Malaysia Refining & Marketing Bhd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PETRONM) | 4.7% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Oil and Gas) | 5.5% |
| Analyst forecast in 3 Years (PETRONM) | 4.1% |
Notable Dividend: PETRONM's dividend (4.7%) is higher than the bottom 25% of dividend payers in the MY market (1.8%).
High Dividend: PETRONM's dividend (4.7%) is in the top 25% of dividend payers in the MY market (4.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), PETRONM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), PETRONM's dividend payments are well covered by cash flows.