Genting Bhd - Stock

Genting Bhd Dividend 2024

Genting Bhd Dividend

0.15 MYR

Genting Bhd Dividend yield

3.21 %

Ticker

GENTING.KL

ISIN

MYL3182OO002

WKN

869584

How much dividend does Genting Bhd 2024 pay?

According to the latest status from July 2024, Genting Bhd paid a total of 0.15 MYR per share in dividends within the last 12 months. With the current Genting Bhd price of 4.67 MYR, this corresponds to a dividend yield of 3.21 %. A dividend is paid times per year.

3.21 % Dividend Yield=
0.15 MYR Dividend
4.67 MYR Stock Price

Historical Genting Bhd Dividends

A dividend is paid times per year. Last year, the payout months were April and October.

PaydateDividend
4/20/20240.09
10/11/20230.06
4/20/20230.09
10/12/20220.06
4/14/20220.09
4/12/20210.09
10/10/20200.06
7/29/20200.05
4/13/20200.09
11/29/20190.07
10/18/20190.06
7/27/20190.05
4/12/20190.08
10/14/20180.06
7/7/20180.06
7/6/20180.05
4/12/20180.08
10/11/20170.04
7/1/20170.06
7/1/20170.06
1
2
3
4
...
5

Genting Bhd Stock Dividend

In 2023, Genting Bhd paid a dividend amounting to 0.15 MYR. Dividend means that Genting Bhd distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Genting Bhd provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Genting Bhd’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Genting Bhd's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Genting Bhd Dividend History

DateGenting Bhd Dividend
2026e0.15 undefined
2025e0.15 undefined
2024e0.15 undefined
20230.15 undefined
20220.15 undefined
20210.09 undefined
20200.2 undefined
20190.26 undefined
20180.25 undefined
20170.24 undefined
20160.07 undefined
20150.06 undefined
20140.07 undefined
20130.59 undefined
20120.09 undefined
20110.08 undefined
20100.08 undefined
20090.07 undefined
20080.07 undefined
20070.4 undefined
20060.11 undefined
20050.09 undefined
20040.08 undefined

Is the Genting Bhd Dividend Safe?

Genting Bhd has been increasing the dividend for 2 years.

Over the past 10 years, Genting Bhd has increased it by an annual -12.843 %.

Over a five-year period, the distribution increased by -9.712%.

Analysts expect a Dividend Cut of -0.027% for the current fiscal year.

Genting Bhd Stock Payout Ratio

In 2023, Genting Bhd had a payout ratio of 77.6%. The payout ratio indicates the percentage of the company's profits that Genting Bhd distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Genting Bhd represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Genting Bhd could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Genting Bhd's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Genting Bhd Payout Ratio History

DateGenting Bhd Payout ratio
2026e89.85 %
2025e93.26 %
2024e98.68 %
202377.6 %
2022-163.35 %
2021-50.75 %
2020-49.94 %
2019103.5 %
2018-7,246.38 %
2017114.94 %
201614.38 %
201528.41 %
201432.92 %
2013211.79 %
201234.4 %
201132.8 %
201035.91 %
200930.43 %
200860 %
2007153.38 %
200671.25 %
200555.29 %
200463.08 %

Dividend Details

Understanding Genting Bhd's Dividend Distributions

Genting Bhd’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Genting Bhd's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Genting Bhd's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Genting Bhd’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Genting Bhd Aktienanalyse

What does Genting Bhd do?

Genting Bhd is a Malaysian conglomerate that operates in various industries including leisure and tourism, tradable goods, energy generation, real estate development, oil and gas, and biotechnology. The company was founded in 1965 by Malaysian businessman Lim Goh Tong and is headquartered in Kuala Lumpur. The company's history began with a small mining operation acquired by Lim Goh Tong in 1965, which he transformed into the first hotel, Genting Highlands Resort. Located at an elevation of 1,800 meters above sea level in the Genting Highlands, this resort has become one of Malaysia's most famous and visited tourist destinations. Today, Genting Bhd has expanded its business to different segments including the operation of casinos and gambling, the hotel and leisure industry, and the cruise industry. Genting Bhd's business model revolves around operating a diverse portfolio of companies in different industries. This allows the company to diversify risks and generate profits from various sources, ensuring consistent and strong performance. In the casino and gambling sector, the company operates a number of casinos and resorts in Europe, Asia, and North and South America. Some of the most well-known ones include Resorts World Sentosa in Singapore, Resorts World Genting in Malaysia, and Resorts World Casino New York City. Genting Bhd's hotel and leisure industry encompasses a wide range of activities including hotels, amusement parks, shopping malls, golf courses, equestrian facilities, water parks, and other leisure facilities in Malaysia, Singapore, the USA, the Philippines, and the UK. The company is known for its exclusive and luxurious resorts like Resorts World Langkawi, Crockfords Tower, and The Genting Hotel. In the cruise industry, Genting Bhd operates cruise ships and coastal cruises in Asia and Europe. The company's two most well-known brands are Dream Cruises and Star Cruises. Genting Bhd also operates other businesses such as Genting Energy, which focuses on energy generation and supply, and Genting Plantations, which specializes in palm oil plantations, production, and distribution of palm oil products. The company also invests in biotechnology and medical research through its involvement in companies like Trevena Inc. and Regent Pacific Group Limited. In summary, Genting Bhd is a successful and diversified company operating in various industries. Over the years, the company has become a key player in the leisure and tourism industry and is a major employer in many regions worldwide. Genting Bhd is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Genting Bhd stock

How much dividend does Genting Bhd pay?

Over the past 12 months, Genting Bhd paid a dividend of 0.15 MYR . This corresponds to a dividend yield of about 3.21 %. For the coming 12 months, Genting Bhd is expected to pay a dividend of 0.15 MYR.

What is the dividend yield of Genting Bhd?

The current dividend yield of Genting Bhd is 3.21 %.

When does Genting Bhd pay dividends?

Genting Bhd pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Genting Bhd?

Genting Bhd paid dividends every year for the past 23 years.

What is the dividend of Genting Bhd?

For the upcoming 12 months, dividends amounting to 0.15 MYR are expected. This corresponds to a dividend yield of 3.2 %.

In which sector is Genting Bhd located?

Genting Bhd is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Genting Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Genting Bhd from 4/15/2024 amounting to 0.09 MYR, you needed to have the stock in your portfolio before the ex-date on 3/20/2024.

When did Genting Bhd pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Genting Bhd in the year 2023?

In the year 2023, Genting Bhd distributed 0.15 MYR as dividends.

In which currency does Genting Bhd pay out the dividend?

The dividends of Genting Bhd are distributed in MYR.

Andere Kennzahlen von Genting Bhd

Our stock analysis for Genting Bhd Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Genting Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.