Genting paid a total dividend of 148 million MYR last year, for a market capitalization of 30,291 millions.
Dividend per share of Genting is 0.04 MYR, and his stock market price 8.20 MYR.
According to the chart, where dividend yield is displayed, Genting has a dividend yield of 0.43%, lower than the amount offered by both the market average and companies from Malaysia. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Genting to maintain his current dividend of MYR 0.04 per share, an amount that accounts for 0.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Genting payout on ernings is currently 9.52%, which is lower than the market average and companies of Consumer Services industry, which are 40.24% and 41.59% respectively. Both figures lead us to believe that there is confidence that Gentingcan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Genting is MYR 1.28 per share, which is higher than the dividend per share paid by the company of MYR 0.04, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Genting, compared againt world market average, Malaysia companies, Consumer Services industry and Travel and Leisure sector companies. You might also need to check full financial report of Genting.
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