Lysaght Galvanized Steel Berhad Dividend
Dividend criteria checks 3/6
Lysaght Galvanized Steel Berhad is a dividend paying company with a current yield of 3.77% that is well covered by earnings. Next payment date is on 24th July, 2024 with an ex-dividend date of 3rd July, 2024.
Key information
3.8%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 24 Jul 24 |
| Ex dividend date | 03 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.27 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think Lysaght Galvanized Steel Berhad's (KLSE:LYSAGHT) Robust Earnings Are Conservative
Nov 29
Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Has Announced That It Will Be Increasing Its Dividend To MYR0.03
Jun 25Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Could Be Struggling To Allocate Capital
Mar 05Lysaght Galvanized Steel Berhad's (KLSE:LYSAGHT) CEO Might Not Expect Shareholders To Be So Generous This Year
Jun 11Capital Allocation Trends At Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Aren't Ideal
May 12Are Dividend Investors Making A Mistake With Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT)?
Mar 20Has Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) Got What It Takes To Become A Multi-Bagger?
Jan 24
Consider This Before Buying Lysaght Galvanized Steel Berhad (KLSE:LYSAGHT) For The 2.3% Dividend
Dec 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LYSAGHT's dividend payments have been volatile in the past 10 years.
Growing Dividend: LYSAGHT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Lysaght Galvanized Steel Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LYSAGHT) | 3.8% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Metals and Mining) | 1.6% |
| Analyst forecast in 3 Years (LYSAGHT) | n/a |
Notable Dividend: LYSAGHT's dividend (3.77%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: LYSAGHT's dividend (3.77%) 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 (29.6%), LYSAGHT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.8%), LYSAGHT's dividend payments are well covered by cash flows.