Hartalega Holdings B Dividend yield




   MYR/share 
 Price  2.16
 Dividend  0.57
 Earnings  0.94
 Cash-flow  1.08
 Book value  1.54
 Equity  1.46

Hartalega Holdings B is part of Health Care Equipment and Services business, which is part of Health Care industry. Hartalega Holdings B is a company from Malaysia, and his stocks are publicly traded.

Hartalega Holdings B paid a total dividend of 1,948 million MYR last year, for a market value of 7,383 millions (Market Cap 3,644 millions). Dividend per share of Hartalega Holdings B is 0.57 MYR, and his stock market price 2.16 MYR.

According to the chart below, where dividend yield is displayed, Hartalega Holdings B has a dividend yield of 26.39%, which is higher than the amount offered by both the market average and companies from Malaysia. It is also bigger than average of Health Care industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Hartalega Holdings B dividend yield with other Health Care Equipment and Services companies or firms from Malaysia.

Dividend yield of Hartalega Holdings B

Hartalega Holdings B Dividend Payout

About the ability of Hartalega Holdings B to maintain his current dividend of MYR 0.57 per share, an amount that accounts for 26.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hartalega Holdings B payout on ernings is currently 60.64%, which is higher than the market average, and companies of Health Care industry, which are 41.59% and 34.33% respectively. Both figures show that Hartalega Holdings B can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Hartalega Holdings B is MYR 1.08 per share, which is higher than the dividend per share paid by the company of MYR 0.57, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hartalega Holdings B, compared againt world market average, Malaysia companies, Health Care industry and Health Care Equipment and Services sector companies.

Hartalega Holdings B payout

Hartalega Holdings B Dividend History

Year Yield  MYR  Paypout  Shares* 
Present26.39%0.5760.64%3,418
202114.36%0.8297.62%3,428
20200.81%0.1076.92%3,351
20191.42%0.0857.14%3,346
20181.37%0.0861.54%3,312

*In millions

Hartalega Holdings B Stock performance

Finally, last moth Hartalega Holdings B showed a return of 30.10% compared to a worldwide 3.75% average, and a 6.02% of Health Care firms. Over the last year, the company obtained a -63.10% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Malaysia and Health Care Equipment and Services firms.

Hartalega Holdings B stock and market return