Gromutual Berhad Dividend
Dividend criteria checks 4/6
Gromutual Berhad is a dividend paying company with a current yield of 5.97% that is well covered by earnings.
Key information
6.0%
Dividend yield
22%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | RM0.042 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Gromutual Berhad's (KLSE:GMUTUAL) Upcoming Dividend Will Be Larger Than Last Year's
Sep 06
Gromutual Berhad (KLSE:GMUTUAL) Is Increasing Its Dividend To MYR0.01
Aug 23Recent updates
Is Now The Time To Put Gromutual Berhad (KLSE:GMUTUAL) On Your Watchlist?
Mar 02Gromutual Berhad (KLSE:GMUTUAL) Has A Rock Solid Balance Sheet
Jan 25Gromutual Berhad's (KLSE:GMUTUAL) Upcoming Dividend Will Be Larger Than Last Year's
Sep 06Gromutual Berhad (KLSE:GMUTUAL) Is Increasing Its Dividend To MYR0.01
Aug 23Is Gromutual Berhad (KLSE:GMUTUAL) A Risky Investment?
Apr 25These 4 Measures Indicate That Gromutual Berhad (KLSE:GMUTUAL) Is Using Debt Reasonably Well
Dec 29Gromutual Berhad (KLSE:GMUTUAL) Seems To Use Debt Quite Sensibly
Jun 06We Think Gromutual Berhad (KLSE:GMUTUAL) Can Stay On Top Of Its Debt
Mar 07Gromutual Berhad (KLSE:GMUTUAL) Has A Somewhat Strained Balance Sheet
Dec 07
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GMUTUAL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMUTUAL's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Gromutual Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GMUTUAL) | 6.0% |
| Market Bottom 25% (MY) | 1.7% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Real Estate) | 3.3% |
| Analyst forecast in 3 Years (GMUTUAL) | n/a |
Notable Dividend: GMUTUAL's dividend (5.97%) is higher than the bottom 25% of dividend payers in the MY market (1.74%).
High Dividend: GMUTUAL's dividend (5.97%) is in the top 25% of dividend payers in the MY market (4.46%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22%), GMUTUAL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.4%), GMUTUAL's dividend payments are well covered by cash flows.