Paramount Corporation Berhad

KLSE:PARAMON Stock Report

Market Cap: RM685.0m

Paramount Corporation Berhad Dividend

Dividend criteria checks 5/6

Paramount Berhad is a dividend paying company with a current yield of 6.36% that is well covered by earnings.

Key information

6.4%

Dividend yield

53%

Payout ratio

Industry average yield3.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareRM0.13
Dividend yield forecast in 3Y7.1%

Recent dividend updates

Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At MYR0.03

Aug 29
Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At MYR0.03

Recent updates

Results: Paramount Corporation Berhad Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 03
Results: Paramount Corporation Berhad Exceeded Expectations And The Consensus Has Updated Its Estimates

Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At MYR0.03

Aug 29
Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At MYR0.03

Analysts Just Shaved Their Paramount Corporation Berhad (KLSE:PARAMON) Forecasts Dramatically

May 30
Analysts Just Shaved Their Paramount Corporation Berhad (KLSE:PARAMON) Forecasts Dramatically

Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At RM0.03

Jun 09
Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At RM0.03

Paramount Corporation Berhad (KLSE:PARAMON) Has Announced That It Will Be Increasing Its Dividend To RM0.03

May 02
Paramount Corporation Berhad (KLSE:PARAMON) Has Announced That It Will Be Increasing Its Dividend To RM0.03

Paramount Corporation Berhad's (KLSE:PARAMON) Conservative Accounting Might Explain Soft Earnings

Dec 02
Paramount Corporation Berhad's (KLSE:PARAMON) Conservative Accounting Might Explain Soft Earnings

Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?

Apr 05
Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?

How Does Paramount Corporation Berhad (KLSE:PARAMON) Fare As A Dividend Stock?

Mar 15
How Does Paramount Corporation Berhad (KLSE:PARAMON) Fare As A Dividend Stock?

Paramount Corporation Berhad (KLSE:PARAMON) Has Compensated Shareholders With A 1.0% Return On Their Investment

Feb 22
Paramount Corporation Berhad (KLSE:PARAMON) Has Compensated Shareholders With A 1.0% Return On Their Investment

Could The Paramount Corporation Berhad (KLSE:PARAMON) Ownership Structure Tell Us Something Useful?

Jan 25
Could The Paramount Corporation Berhad (KLSE:PARAMON) Ownership Structure Tell Us Something Useful?

These 4 Measures Indicate That Paramount Corporation Berhad (KLSE:PARAMON) Is Using Debt Extensively

Dec 14
These 4 Measures Indicate That Paramount Corporation Berhad (KLSE:PARAMON) Is Using Debt Extensively

How Much Did Paramount Corporation Berhad's (KLSE:PARAMON) Shareholders Earn On Their Investment Over The Last Year?

Nov 23
How Much Did Paramount Corporation Berhad's (KLSE:PARAMON) Shareholders Earn On Their Investment Over The Last Year?

Stability and Growth of Payments

Fetching dividends data

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

Growing Dividend: PARAMON's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Paramount Corporation Berhad Dividend Yield vs Market
How does PARAMON dividend yield compare to the market?
SegmentDividend Yield
Company (PARAMON)6.4%
Market Bottom 25% (MY)1.8%
Market Top 25% (MY)4.5%
Industry Average (Real Estate)3.4%
Analyst forecast in 3 Years (PARAMON)7.1%

Notable Dividend: PARAMON's dividend (6.36%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).

High Dividend: PARAMON's dividend (6.36%) is in the top 25% of dividend payers in the MY market (4.52%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.6%), PARAMON's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.5%), PARAMON's dividend payments are well covered by cash flows.


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