Westports Holdings Dividend yield

Westports Holdings is part of Industrial Transportation business, which is part of Industrials industry. Westports Holdings is a company from Malaysia, and his stocks are publicly traded.

Westports Holdings stock dividend

Westports Holdings paid a total dividend of 546 million MYR last year, for a market value of 11,935 millions (Market Cap 3,643 millions). Westports Holdings dividend per share is 0.16 MYR, and his stock market price 3.50 MYR.

According to the chart below, where dividend yield is displayed, Westports Holdings has a dividend yield of 4.47%, which is higher than the amount offered by both the market average and companies from Malaysia. It is also bigger than average of Industrials 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 Westports Holdings stocks dividend with other Industrial Transportation companies or other of the highest Malaysia dividend stocks list.

Westports Holdings Dividend Payout

About the ability of Westports Holdings to maintain his current dividend of MYR 0.16 per share, an amount that accounts for 4.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Westports Holdings payout on ernings is currently 69.57%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Westports Holdings 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 Westports Holdings is MYR 0.27 per share, which is higher than the dividend per share paid by the company of MYR 0.16, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Westports Holdings, compared againt world market average, Malaysia companies, Industrials industry and Industrial Transportation sector companies.

Westports Holdings Dividend History

Below you will find a table with the historical evolution of Westports Holdings'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	4.47%	0.16	69.57%	3,410
2022	4.26%	0.16	61.54%	3,410
2021	3.70%	0.15	68.18%	3,410
2020	2.63%	0.11	55.00%	3,410
2019	3.10%	0.13	72.22%	3,410
2018	3.69%	0.13	61.90%	3,410
2017	3.53%	0.13	61.90%	3,410
2016	2.99%	0.13	76.47%	3,410
2015	2.67%	0.11	64.71%	3,410

*In millions

Then you can see the evolution of Westports Holdings dividend stock, and compare it with the average of Malaysia stocks and that of the Industrial Transportation stocks.

Westports Holdings Stock performance

Finally, last moth Westports Holdings showed a return of 0.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 0.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Malaysia and Industrial Transportation firms.