Globaltec Formation Berhad Dividends and Buybacks
Dividend criteria checks 2/6
Globaltec Formation Berhad is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -45.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RM 0.007 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Globaltec Formation Berhad (KLSE:GLOTEC) Is Looking To Continue Growing Its Returns On Capital
May 30
Returns At Globaltec Formation Berhad (KLSE:GLOTEC) Are On The Way Up
Jan 11Globaltec Formation Berhad (KLSE:GLOTEC) Is Reducing Its Dividend To MYR0.018
Oct 14What Globaltec Formation Berhad's (KLSE:GLOTEC) P/E Is Not Telling You
Feb 04Globaltec Formation Berhad's (KLSE:GLOTEC) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05Globaltec Formation Berhad (KLSE:GLOTEC) Seems To Use Debt Quite Sensibly
Sep 08Returns At Globaltec Formation Berhad (KLSE:GLOTEC) Are On The Way Up
Jul 12These 4 Measures Indicate That Globaltec Formation Berhad (KLSE:GLOTEC) Is Using Debt Reasonably Well
May 18The Return Trends At Globaltec Formation Berhad (KLSE:GLOTEC) Look Promising
Mar 26Is Globaltec Formation Berhad (KLSE:GLOTEC) Using Too Much Debt?
Feb 02
Will the Promising Trends At Globaltec Formation Berhad (KLSE:GLOTEC) Continue?
Dec 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLOTEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GLOTEC has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Globaltec Formation Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLOTEC) | 1.5% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Electronic) | 1.8% |
| Analyst forecast (GLOTEC) (up to 3 years) | n/a |
Notable Dividend: GLOTEC's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.94%).
High Dividend: GLOTEC's dividend (1.51%) is low compared to the top 25% of dividend payers in the MY market (4.9%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.2%), GLOTEC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.5%), GLOTEC's dividend payments are thoroughly covered by cash flows.