Glomac Berhad Dividend
Dividend criteria checks 3/6
Glomac Berhad is a dividend paying company with a current yield of 3.21% 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
41%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | 18 Dec 24 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | RM 0.0125 |
| Earnings per share | RM 0.031 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Glomac Berhad (KLSE:GLOMAC) Has Affirmed Its Dividend Of MYR0.0125
Aug 21
Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125
Dec 12Glomac Berhad (KLSE:GLOMAC) Is Paying Out Less In Dividends Than Last Year
Sep 01Recent updates
Glomac 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) | 1.8% |
| Market Top 25% (MY) | 4.7% |
| Industry Average (Real Estate) | 3.5% |
| Analyst forecast in 3 Years (GLOMAC) | 3.2% |
Notable Dividend: GLOMAC's dividend (3.21%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: GLOMAC's dividend (3.21%) is low compared to the top 25% of dividend payers in the MY market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), GLOMAC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7%), GLOMAC's dividend payments are thoroughly covered by cash flows.