Perak Transit Berhad Dividend
Dividend criteria checks 2/6
Perak Transit Berhad is a dividend paying company with a current yield of 2.7% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.7%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.059 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Perak Transit Berhad (KLSE:PTRANS) Takes On Some Risk With Its Use Of Debt
Aug 26
Is Perak Transit Berhad (KLSE:PTRANS) A Risky Investment?
Feb 07Is Perak Transit Berhad (KLSE:PTRANS) Using Too Much Debt?
Nov 02Perak Transit Berhad (KLSE:PTRANS) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 24Here's What To Make Of Perak Transit Berhad's (KLSE:PTRANS) Decelerating Rates Of Return
Aug 21At RM0.67, Is Perak Transit Berhad (KLSE:PTRANS) Worth Looking At Closely?
May 26Does Perak Transit Berhad (KLSE:PTRANS) Have A Healthy Balance Sheet?
May 10Is Perak Transit Berhad's (KLSE:PTRANS) Stock's Recent Performance A Reflection Of Its Financial Health?
Mar 10The Returns At Perak Transit Berhad (KLSE:PTRANS) Provide Us With Signs Of What's To Come
Feb 22Is There Now An Opportunity In Perak Transit Berhad (KLSE:PTRANS)?
Feb 09
These 4 Measures Indicate That Perak Transit Berhad (KLSE:PTRANS) Is Using Debt Extensively
Jan 25What Type Of Returns Would Perak Transit Berhad's(KLSE:PTRANS) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 11What Type Of Shareholders Make Up Perak Transit Berhad's (KLSE:PTRANS) Share Registry?
Dec 29We're Not So Sure You Should Rely on Perak Transit Berhad's (KLSE:PTRANS) Statutory Earnings
Dec 17Should You Be Adding Perak Transit Berhad (KLSE:PTRANS) To Your Watchlist Today?
Dec 05The Trends At Perak Transit Berhad (KLSE:PTRANS) That You Should Know About
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTRANS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PTRANS's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Perak Transit Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTRANS) | 2.7% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.6% |
| Industry Average (Transportation) | 2.1% |
| Analyst forecast in 3 Years (PTRANS) | 3.7% |
Notable Dividend: PTRANS's dividend (2.7%) is higher than the bottom 25% of dividend payers in the MY market (1.84%).
High Dividend: PTRANS's dividend (2.7%) is low compared to the top 25% of dividend payers in the MY market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), PTRANS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PTRANS is paying a dividend but the company has no free cash flows.