Globetronics Technology Bhd Dividend
Dividend criteria checks 2/6
Globetronics Technology Bhd is a dividend paying company with a current yield of 3.18% that is well covered by earnings.
Key information
3.2%
Dividend yield
35%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | RM 0.035 |
Earnings per share | RM 0.043 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Are Globetronics Technology Bhd. (KLSE:GTRONIC) Investors Paying Above The Intrinsic Value?
Aug 06After Leaping 26% Globetronics Technology Bhd. (KLSE:GTRONIC) Shares Are Not Flying Under The Radar
Jun 12Capital Allocation Trends At Globetronics Technology Bhd (KLSE:GTRONIC) Aren't Ideal
Apr 21Globetronics Technology Bhd (KLSE:GTRONIC) Is Paying Out Less In Dividends Than Last Year
Nov 05Why Globetronics Technology Bhd. (KLSE:GTRONIC) Could Be Worth Watching
Aug 23Is Now An Opportune Moment To Examine Globetronics Technology Bhd. (KLSE:GTRONIC)?
May 12Return Trends At Globetronics Technology Bhd (KLSE:GTRONIC) Aren't Appealing
Mar 29Globetronics Technology Bhd (KLSE:GTRONIC) Is Paying Out A Dividend Of MYR0.02
Nov 17Globetronics Technology Bhd's (KLSE:GTRONIC) Dividend Will Be MYR0.02
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTRONIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTRONIC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Globetronics Technology Bhd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GTRONIC) | 3.2% |
Market Bottom 25% (MY) | 1.9% |
Market Top 25% (MY) | 5.0% |
Industry Average (Semiconductor) | 1.6% |
Analyst forecast in 3 Years (GTRONIC) | 4.5% |
Notable Dividend: GTRONIC's dividend (3.18%) is higher than the bottom 25% of dividend payers in the MY market (1.73%).
High Dividend: GTRONIC's dividend (3.18%) 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 (34.9%), GTRONIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (217.6%), GTRONIC's dividend payments are not well covered by cash flows.