Able Global Berhad Dividend
Dividend criteria checks 4/6
Able Global Berhad is a dividend paying company with a current yield of 4.1% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 17th September, 2024.
Key information
4.1%
Dividend yield
37%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 30 Sep 24 |
Ex dividend date | 17 Sep 24 |
Dividend per share | RM 0.080 |
Earnings per share | RM 0.22 |
Dividend yield forecast | 3.8% |
Recent dividend updates
Recent updates
Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.02
Sep 04Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be MYR0.015
Sep 05Able Global Berhad (KLSE:ABLEGLOB) Is Due To Pay A Dividend Of MYR0.01
Jun 08Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To MYR0.01
Mar 17Able Global Berhad (KLSE:ABLEGLOB) Is Paying Out Less In Dividends Than Last Year
Jun 03Some Able Global Berhad (KLSE:ABLEGLOB) Analysts Just Made A Major Cut To Next Year's Estimates
Mar 05Able Global Berhad's (KLSE:ABLEGLOB) Dividend Will Be Reduced To RM0.01
Dec 03Johore Tin Berhad's (KLSE:JOHOTIN) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 05Returns On Capital At Johore Tin Berhad (KLSE:JOHOTIN) Have Stalled
Jun 01At RM1.61, Is Johore Tin Berhad (KLSE:JOHOTIN) Worth Looking At Closely?
May 04Johore Tin Berhad (KLSE:JOHOTIN) Shares Could Be 49% Below Their Intrinsic Value Estimate
Mar 22Is Johore Tin Berhad (KLSE:JOHOTIN) A Risky Investment?
Mar 09Does Johore Tin Berhad (KLSE:JOHOTIN) Have The Makings Of A Multi-Bagger?
Feb 22Johore Tin Berhad's (KLSE:JOHOTIN) Stock Been Rising: Are Strong Financials Guiding The Market?
Feb 07Should You Think About Buying Johore Tin Berhad (KLSE:JOHOTIN) Now?
Jan 23What Is The Ownership Structure Like For Johore Tin Berhad (KLSE:JOHOTIN)?
Jan 07Shareholders Of Johore Tin Berhad (KLSE:JOHOTIN) Must Be Happy With Their 208% Total Return
Dec 23Johore Tin Berhad (KLSE:JOHOTIN) Seems To Use Debt Quite Sensibly
Dec 08Will the Promising Trends At Johore Tin Berhad (KLSE:JOHOTIN) Continue?
Nov 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABLEGLOB's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABLEGLOB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Able Global Berhad Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ABLEGLOB) | 4.1% |
Market Bottom 25% (MY) | 1.9% |
Market Top 25% (MY) | 4.7% |
Industry Average (Food) | 2.8% |
Analyst forecast (ABLEGLOB) (up to 3 years) | 3.8% |
Notable Dividend: ABLEGLOB's dividend (4.1%) is higher than the bottom 25% of dividend payers in the MY market (1.88%).
High Dividend: ABLEGLOB's dividend (4.1%) is low compared to the top 25% of dividend payers in the MY market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), ABLEGLOB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), ABLEGLOB's dividend payments are well covered by cash flows.