Shin Yang Group Berhad Dividends and Buybacks
Dividend criteria checks 3/6
Shin Yang Group Berhad is a dividend paying company with a current yield of 3.3% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
3.3%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.8% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | RM 0.030 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Shin Yang Group Berhad (KLSE:SYGROUP) Could Be Riskier Than It Looks
Sep 25
Calculating The Fair Value Of Shin Yang Group Berhad (KLSE:SYGROUP)
Sep 03Is Shin Yang Group Berhad (KLSE:SYGROUP) A Risky Investment?
Aug 13Shin Yang Group Berhad (KLSE:SYGROUP) Is Doing The Right Things To Multiply Its Share Price
Jul 17Shin Yang Group Berhad's (KLSE:SYGROUP) Price Is Right But Growth Is Lacking After Shares Rocket 30%
Jun 10Here's Why We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Might Deserve Your Attention Today
May 09Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Is Looking To Continue Growing Its Returns On Capital
Apr 05Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Mar 15Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Shareholders Will Want The ROCE Trajectory To Continue
Dec 01Here's Why We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Might Deserve Your Attention Today
Oct 18Investors Will Want Shin Yang Shipping Corporation Berhad's (KLSE:SYSCORP) Growth In ROCE To Persist
Aug 30Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) A Risky Investment?
Jun 01Shin Yang Shipping Corporation Berhad's (KLSE:SYSCORP) Robust Earnings Are Supported By Other Strong Factors
Mar 07Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Shareholders Will Want The ROCE Trajectory To Continue
Jan 26Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
Oct 08Is Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Using Too Much Debt?
May 12Shareholders Are Thrilled That The Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Share Price Increased 116%
Mar 12We Think Shin Yang Shipping Corporation Berhad (KLSE:SYSCORP) Has A Fair Chunk Of Debt
Jan 19A Look At Shin Yang Shipping Corporation Berhad's (KLSE:SYSCORP) Share Price Returns
Nov 24Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SYGROUP has been paying a dividend for less than 10 years.
Growing Dividend: SYGROUP's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Shin Yang Group Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SYGROUP) | 3.3% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.9% |
| Industry Average (Shipping) | 4.7% |
| Analyst forecast (SYGROUP) (up to 3 years) | n/a |
Notable Dividend: SYGROUP's dividend (3.3%) is higher than the bottom 25% of dividend payers in the MY market (1.92%).
High Dividend: SYGROUP's dividend (3.3%) is low compared to the top 25% of dividend payers in the MY market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), SYGROUP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), SYGROUP's dividend payments are well covered by cash flows.