08-31-2023
MYR/share | |
Price | 18.22 |
Dividend | 0.48 |
Earnings | 2.22 |
Cash-flow | -2.31 |
Book value | 20.24 |
Equity | 20.75 |
Hong Leong Financial is part of Banks business, which is part of Financials industry. Hong Leong Financial is a company from Malaysia, and his stocks are publicly traded.
Hong Leong Financial stock dividend
Hong Leong Financial paid a total dividend of 544 million MYR last year, for a market value of 20,661 millions (Market Cap 4,114 millions). Hong Leong Financial dividend per share is 0.48 MYR, and his stock market price 18.22 MYR.
According to the chart below, where dividend yield is displayed, Hong Leong Financial has a dividend yield of 2.63%, lower than the amount offered by both the market average and companies from Malaysia. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Hong Leong Financial stocks dividend with other Banks companies or other of the highest Malaysia dividend stocks list.
Hong Leong Financial Dividend Payout
About the ability of Hong Leong Financial to maintain his current dividend of MYR 0.48 per share, an amount that accounts for 2.63%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hong Leong Financial payout on ernings is currently 21.62%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Hong Leong Financialcan maintain his current dividend.
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 Hong Leong Financial is MYR -2.31 per share, which is lower than the dividend per share paid by the company of MYR 0.48, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Hong Leong Financial, compared againt world market average, Malaysia companies, Financials industry and Banks sector companies.
Hong Leong Financial Dividend History
Below you will find a table with the historical evolution of Hong Leong Financial's dividend stock, both in percentage and in MYR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | MYR | Paypout | Shares* |
Present | 2.63% | 0.48 | 21.62% | 1,134 |
2022 | 2.47% | 0.46 | 20.81% | 1,134 |
2021 | 2.31% | 0.40 | 19.61% | 1,134 |
2020 | 2.10% | 0.38 | 22.49% | 1,138 |
2019 | 2.49% | 0.42 | 24.42% | 1,144 |
2018 | 2.16% | 0.40 | 23.12% | 1,144 |
2017 | 2.13% | 0.38 | 27.34% | 1,144 |
2016 | 2.53% | 0.38 | 30.40% | 1,148 |
2015 | 2.57% | 0.36 | 24.49% | 1,148 |
*In millions
Then you can see the evolution of Hong Leong Financial dividend stock, and compare it with the average of Malaysia stocks and that of the Banks stocks.
Hong Leong Financial Stock performance
Finally, last moth Hong Leong Financial showed a return of -0.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -6.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Malaysia and Banks firms.