Petronas Gas Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   MYR per share 
 Price  16.50
 Dividend  0.72
 Earnings  0.98
 Cash-flow  1.60
 Book value  6.60
 Equity  6.62

Petronas Gas is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Petronas Gas is a company from Malaysia, and his stocks are publicly traded.

Petronas Gas paid a total dividend of 1,425 million MYR last year, for a market value of 32,654 millions (Market Cap 9,410 millions). Dividend per share of Petronas Gas is 0.72 MYR, and his stock market price 16.50 MYR.

According to the chart below, where dividend yield is displayed, Petronas Gas has a dividend yield of 4.36%, which is similar to the amount offered by both the market average and companies from Malaysia. However, it is lower than the average of Oil and Gas industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Petronas Gas dividend yield with other Oil and Gas Producers companies or firms from Malaysia.

Dividend yield of Petronas Gas

Petronas Gas Dividend Payout

About the ability of Petronas Gas to maintain his current dividend of MYR 0.72 per share, an amount that accounts for 4.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Petronas Gas payout on ernings is currently 73.47%, which is higher than the market average, and companies of Oil and Gas industry, which are 37.66% and 39.66% respectively. Both figures show that Petronas Gas 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 Petronas Gas is MYR 1.60 per share, which is higher than the dividend per share paid by the company of MYR 0.72, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Petronas Gas, compared againt world market average, Malaysia companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Petronas Gas payout

Petronas Gas Stock performance

Finally, last moth Petronas Gas showed a return of -1.80% compared to a worldwide 4.36% average, and a 0.90% of Oil and Gas firms. Over the last year, the company obtained a 3.20% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for Malaysia and Oil and Gas Producers firms.

Petronas Gas stock and market return

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