L&P Global Berhad Dividend
Dividend criteria checks 3/6
L&P Global Berhad is a dividend paying company with a current yield of 4.27% that is well covered by earnings.
Key information
4.3%
Dividend yield
35%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | RM0.037 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether L&PBHD's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if L&PBHD's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
L&P Global Berhad Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (L&PBHD) | 4.3% |
Market Bottom 25% (MY) | 1.8% |
Market Top 25% (MY) | 4.5% |
Industry Average (Packaging) | 2.6% |
Analyst forecast in 3 Years (L&PBHD) | n/a |
Notable Dividend: L&PBHD's dividend (4.27%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: L&PBHD's dividend (4.27%) is low compared to the top 25% of dividend payers in the MY market (4.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), L&PBHD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), L&PBHD's dividend payments are well covered by cash flows.