Wang-Zheng Berhad Dividend

Dividend criteria checks 2/6

Wang-Zheng Berhad is a dividend paying company with a current yield of 3.01% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 31st May, 2024.

Key information

3.0%

Dividend yield

43%

Payout ratio

Industry average yield4.6%
Next dividend pay date20 Jun 24
Ex dividend date31 May 24
Dividend per sharen/a
Earnings per shareRM0.046
Dividend yield forecast in 3Yn/a

Recent dividend updates

Wang-Zheng Berhad's (KLSE:WANGZNG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
Wang-Zheng Berhad's (KLSE:WANGZNG) Upcoming Dividend Will Be Larger Than Last Year's

Wang-Zheng Berhad's (KLSE:WANGZNG) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 27
Wang-Zheng Berhad's (KLSE:WANGZNG) Shareholders Will Receive A Smaller Dividend Than Last Year

Recent updates

Wang-Zheng Berhad's (KLSE:WANGZNG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
Wang-Zheng Berhad's (KLSE:WANGZNG) Upcoming Dividend Will Be Larger Than Last Year's

Wang-Zheng Berhad's (KLSE:WANGZNG) Shareholders Will Receive A Smaller Dividend Than Last Year

Apr 27
Wang-Zheng Berhad's (KLSE:WANGZNG) Shareholders Will Receive A Smaller Dividend Than Last Year

Wang-Zheng Berhad's (KLSE:WANGZNG) Soft Earnings Don't Show The Whole Picture

May 25
Wang-Zheng Berhad's (KLSE:WANGZNG) Soft Earnings Don't Show The Whole Picture

Wang-Zheng Berhad (KLSE:WANGZNG) Will Be Looking To Turn Around Its Returns

Apr 08
Wang-Zheng Berhad (KLSE:WANGZNG) Will Be Looking To Turn Around Its Returns

Is Wang-Zheng Berhad (KLSE:WANGZNG) Using Too Much Debt?

Mar 03
Is Wang-Zheng Berhad (KLSE:WANGZNG) Using Too Much Debt?

Is Wang-Zheng Berhad (KLSE:WANGZNG) An Attractive Dividend Stock?

Feb 04
Is Wang-Zheng Berhad (KLSE:WANGZNG) An Attractive Dividend Stock?

Be Wary Of Wang-Zheng Berhad (KLSE:WANGZNG) And Its Returns On Capital

Jan 08
Be Wary Of Wang-Zheng Berhad (KLSE:WANGZNG) And Its Returns On Capital

Wang-Zheng Berhad (KLSE:WANGZNG) Has A Pretty Healthy Balance Sheet

Nov 26
Wang-Zheng Berhad (KLSE:WANGZNG) Has A Pretty Healthy Balance Sheet

Upcoming Dividend Payment

TodayMay 04 2024Ex Dividend DateMay 31 2024Dividend Pay DateJun 20 202420 days from Ex DividendBuy in the next 26 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: WANGZNG's dividend payments have been volatile in the past 10 years.

Growing Dividend: WANGZNG's dividend payments have not increased over the past 10 years.


Dividend Yield vs Market

Wang-Zheng Berhad Dividend Yield vs Market
How does WANGZNG dividend yield compare to the market?
SegmentDividend Yield
Company (WANGZNG)3.0%
Market Bottom 25% (MY)1.8%
Market Top 25% (MY)4.5%
Industry Average (Forestry)4.6%
Analyst forecast in 3 Years (WANGZNG)n/a

Notable Dividend: WANGZNG's dividend (3.01%) is higher than the bottom 25% of dividend payers in the MY market (1.78%).

High Dividend: WANGZNG's dividend (3.01%) is low compared to the top 25% of dividend payers in the MY market (4.51%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.4%), WANGZNG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: WANGZNG is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.