If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Petronas Dagangan Bhd is 0.83, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Petronas Dagangan Bhd was 1.66. The lowest was 0.50. And the median was 0.84.
During the past 12 months, Petronas Dagangan Bhd's average Dividends Per Share Growth Rate was 27.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 19.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Petronas Dagangan Bhd was 44.20% per year. The lowest was -16.10% per year. And the median was 12.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Petronas Dagangan Bhd Dividend Yield % Historical Data
The historical data trend for Petronas Dagangan Bhd's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Petronas Dagangan Bhd's Dividend Yield %
For the Oil & Gas Refining & Marketing subindustry, Petronas Dagangan Bhd's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Petronas Dagangan Bhd's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petronas Dagangan Bhd's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Petronas Dagangan Bhd's Dividend Yield % falls into.
Petronas Dagangan Bhd Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Petronas Dagangan Bhd Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
MYR 0.270000
2024-03-11
2024-03-12
2024-03-26
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.200000
2023-12-07
2023-12-08
2023-12-22
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.180000
2023-09-12
2023-09-13
2023-09-26
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.150000
2023-06-06
2023-06-07
2023-06-20
Cash Dividend
quarterly
MYR:MYR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Petronas Dagangan Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Petronas Dagangan Bhd (XKLS:5681) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Petronas Dagangan Bhd Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Petronas Dagangan Bhd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Petronas Dagangan Bhd (XKLS:5681) Business Description
Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the leading revenue generator, retail operations are the leading focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company's other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.
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