Glomac Berhad Dividends and Buybacks
Dividend criteria checks 3/6
Glomac Berhad is a dividend paying company with a current yield of 3.16% that is well covered by earnings. Next payment date is on 18th December, 2024 with an ex-dividend date of 12th December, 2024.
Key information
3.2%
Dividend yield
-0.0001%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | -5.2% |
| Next dividend pay date | 18 Dec 24 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | RM 0.0125 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Glomac Berhad (KLSE:GLOMAC) Has Affirmed Its Dividend Of MYR0.0125
Oct 22
Glomac Berhad (KLSE:GLOMAC) Has Affirmed Its Dividend Of MYR0.0125
Aug 21Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125
Dec 12Recent updates
Glomac Berhad (KLSE:GLOMAC) Has Affirmed Its Dividend Of MYR0.0125
Oct 22Glomac Berhad (KLSE:GLOMAC) Has Affirmed Its Dividend Of MYR0.0125
Aug 21Lacklustre Performance Is Driving Glomac Berhad's (KLSE:GLOMAC) Low P/E
Aug 07There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings
Apr 02Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125
Dec 12Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook
Dec 03Glomac Berhad (KLSE:GLOMAC) Is Paying Out Less In Dividends Than Last Year
Sep 01Glomac Berhad's (KLSE:GLOMAC) Dividend Is Being Reduced To MYR0.0125
Aug 18Does Glomac Berhad (KLSE:GLOMAC) Have A Healthy Balance Sheet?
Aug 16Bullish: Analysts Just Made A Significant Upgrade To Their Glomac Berhad (KLSE:GLOMAC) Forecasts
Jun 26Glomac Berhad (KLSE:GLOMAC) Has Announced That It Will Be Increasing Its Dividend To MYR0.015
Oct 20Glomac Berhad (KLSE:GLOMAC) Is Increasing Its Dividend To MYR0.015
Sep 02Glomac Berhad (KLSE:GLOMAC) Will Pay A Larger Dividend Than Last Year At MYR0.015
Aug 19Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet
May 25Is Glomac Berhad (KLSE:GLOMAC) Using Too Much Debt?
Feb 24Glomac Berhad (KLSE:GLOMAC) Share Prices Have Dropped 59% In The Last Five Years
Jan 17Does Glomac Berhad's (KLSE:GLOMAC) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 22
Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLOMAC's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLOMAC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Glomac Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLOMAC) | 3.2% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Real Estate) | 3.6% |
| Analyst forecast (GLOMAC) (up to 3 years) | 3.0% |
Notable Dividend: GLOMAC's dividend (3.16%) is higher than the bottom 25% of dividend payers in the MY market (1.92%).
High Dividend: GLOMAC's dividend (3.16%) is low compared to the top 25% of dividend payers in the MY market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), GLOMAC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.4%), GLOMAC's dividend payments are thoroughly covered by cash flows.