Sime Darby Plantation Berhad Dividend
Dividend criteria checks 3/6
Sime Darby Plantation Berhad is a dividend paying company with a current yield of 2.1% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
2.1%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 20 May 24 |
| Ex dividend date | 03 May 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.27 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has Announced That Its Dividend Will Be Reduced To MYR0.0325
Oct 27
Sime Darby Plantation Berhad (KLSE:SIMEPLT) Will Pay A Smaller Dividend Than Last Year
Sep 08Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 25Recent updates
Are Sime Darby Plantation Berhad (KLSE:SIMEPLT) Investors Paying Above The Intrinsic Value?
Mar 28Here's Why Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has A Meaningful Debt Burden
Feb 03Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Shares Lagging The Market But So Is The Business
Jan 16Returns Are Gaining Momentum At Sime Darby Plantation Berhad (KLSE:SIMEPLT)
Jan 01Are Investors Undervaluing Sime Darby Plantation Berhad (KLSE:SIMEPLT) By 32%?
Nov 13Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has Announced That Its Dividend Will Be Reduced To MYR0.0325
Oct 27These 4 Measures Indicate That Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Using Debt Extensively
Oct 12Sime Darby Plantation Berhad (KLSE:SIMEPLT) Could Be Struggling To Allocate Capital
Sep 26Sime Darby Plantation Berhad (KLSE:SIMEPLT) Will Pay A Smaller Dividend Than Last Year
Sep 08Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 25Sime Darby Plantation Berhad (KLSE:SIMEPLT) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 18Be Wary Of Sime Darby Plantation Berhad (KLSE:SIMEPLT) And Its Returns On Capital
Jun 12These 4 Measures Indicate That Sime Darby Plantation Berhad (KLSE:SIMEPLT) Is Using Debt Reasonably Well
May 27Is Sime Darby Plantation Berhad (KLSE:SIMEPLT) Worth RM4.5 Based On Its Intrinsic Value?
Mar 07Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has Announced That Its Dividend Will Be Reduced To MYR0.0604
Feb 20Is Sime Darby Plantation Berhad (KLSE:SIMEPLT) Using Too Much Debt?
Feb 04Return Trends At Sime Darby Plantation Berhad (KLSE:SIMEPLT) Aren't Appealing
Dec 12Here's Why Sime Darby Plantation Berhad (KLSE:SIMEPLT) Can Manage Its Debt Responsibly
Sep 30Sime Darby Plantation Berhad's (KLSE:SIMEPLT) Dividend Will Be Increased To MYR0.10
Aug 25Returns On Capital Are Showing Encouraging Signs At Sime Darby Plantation Berhad (KLSE:SIMEPLT)
Aug 18Estimating The Fair Value Of Sime Darby Plantation Berhad (KLSE:SIMEPLT)
Aug 03Sime Darby Plantation Berhad (KLSE:SIMEPLT) Has A Pretty Healthy Balance Sheet
Jun 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SIMEPLT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SIMEPLT's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Sime Darby Plantation Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SIMEPLT) | 2.1% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.6% |
| Industry Average (Food) | 2.7% |
| Analyst forecast in 3 Years (SIMEPLT) | 2.7% |
Notable Dividend: SIMEPLT's dividend (2.1%) is higher than the bottom 25% of dividend payers in the MY market (1.88%).
High Dividend: SIMEPLT's dividend (2.1%) is low compared to the top 25% of dividend payers in the MY market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.6%), SIMEPLT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), SIMEPLT's dividend payments are covered by cash flows.