Senheng New Retail Berhad Dividend
Dividend criteria checks 1/6
Senheng New Retail Berhad is a dividend paying company with a current yield of 1.65% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 14th May, 2024.
Key information
1.6%
Dividend yield
30%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 05 Jun 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.017 |
| Dividend yield forecast in 3Y | 1.6% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SENHENG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SENHENG has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Senheng New Retail Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SENHENG) | 1.6% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Specialty Retail) | 3.6% |
| Analyst forecast in 3 Years (SENHENG) | 1.6% |
Notable Dividend: SENHENG's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: SENHENG's dividend (1.65%) is low compared to the top 25% of dividend payers in the MY market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), SENHENG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SENHENG is paying a dividend but the company has no free cash flows.