Petronas Gas Dividend yield

 Price  17.12
 Dividend  0.72
 Earnings  0.83
 Cash-flow  1.41
 Book value  6.58
 Equity  6.64

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 stock dividend

Petronas Gas paid a total dividend of 1,425 million MYR last year, for a market value of 33,880 millions (Market Cap 9,763 millions). Petronas Gas dividend per share is 0.72 MYR, and his stock market price 17.12 MYR.

According to the chart below, where dividend yield is displayed, Petronas Gas has a dividend yield of 4.21%, 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 stocks dividend with other Oil and Gas Producers companies or other of the high Malaysia dividend stocks list.

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 4.21%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Petronas Gas payout on ernings is currently 86.75%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% 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 1.41 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 Dividend History

Below you will find a table with the historical evolution of Petronas Gas'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* 

*In millions

Then you can see the evolution of Petronas Gas dividend stock, and compare it with the average of Malaysia stocks and that of the Oil and Gas Producers stocks.

Petronas Gas stock dividend history

Petronas Gas Stock performance

Finally, last moth Petronas Gas showed a return of 0.20% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -1.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Malaysia and Oil and Gas Producers firms.

Petronas Gas stock and market return