Velesto Energy Berhad Dividends and Buybacks
Dividend criteria checks 2/6
Velesto Energy Berhad is a dividend paying company with a current yield of 1.35% that is well covered by earnings. Last payment was on 28th November, 2024 with an ex-dividend date of 29th October, 2024.
Key information
1.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 31.4% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 29 Oct 24 |
| Dividend per share | RM 0.0025 |
| Payout ratio | 12% |
Recent dividend and buyback updates
No updates
Recent updates
We Think Velesto Energy Berhad (KLSE:VELESTO) Can Manage Its Debt With Ease
Jul 02
Velesto Energy Berhad Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 03Are Investors Undervaluing Velesto Energy Berhad (KLSE:VELESTO) By 29%?
May 25Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt
Mar 20Velesto Energy Berhad (KLSE:VELESTO) Is Carrying A Fair Bit Of Debt
Oct 27Here's Why Velesto Energy Berhad (KLSE:VELESTO) Can Afford Some Debt
Jul 07Velesto Energy Berhad (KLSE:VELESTO) Is Experiencing Growth In Returns On Capital
Feb 18Is Velesto Energy Berhad (KLSE:VELESTO) A Risky Investment?
Jan 14Velesto Energy Berhad (KLSE:VELESTO) Is Looking To Continue Growing Its Returns On Capital
Nov 18Is There An Opportunity With Velesto Energy Berhad's (KLSE:VELESTO) 30% Undervaluation?
Oct 08Is Velesto Energy Berhad (KLSE:VELESTO) Using Too Much Debt?
Jul 28Downgrade: Here's How Analysts See Velesto Energy Berhad (KLSE:VELESTO) Performing In The Near Term
Jun 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VELESTO's dividend payments have been volatile in the past 10 years.
Growing Dividend: VELESTO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Velesto Energy Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VELESTO) | 1.4% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Energy Services) | 2.3% |
| Analyst forecast (VELESTO) (up to 3 years) | 2.9% |
Notable Dividend: VELESTO's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.93%).
High Dividend: VELESTO's dividend (1.35%) is low compared to the top 25% of dividend payers in the MY market (4.92%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), VELESTO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.2%), VELESTO's dividend payments are thoroughly covered by cash flows.