Petronas Gas Bhd - Stock

Petronas Gas Bhd Dividend 2024

Petronas Gas Bhd Dividend

0.72 MYR

Petronas Gas Bhd Dividend yield

4 %

Ticker

PETGAS.KL

ISIN

MYL6033OO004

WKN

896633

How much dividend does Petronas Gas Bhd 2024 pay?

According to the latest status from July 2024, Petronas Gas Bhd paid a total of 0.72 MYR per share in dividends within the last 12 months. With the current Petronas Gas Bhd price of 18 MYR, this corresponds to a dividend yield of 4 %. A dividend is paid times per year.

4 % Dividend Yield=
0.72 MYR Dividend
18 MYR Stock Price

Historical Petronas Gas Bhd Dividends

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

PaydateDividend
7/13/20240.16
4/11/20240.22
1/4/20240.18
10/11/20230.16
7/6/20230.16
4/3/20230.22
12/29/20220.18
10/12/20220.16
7/3/20220.16
4/9/20220.1
1/6/20220.18
10/7/20210.16
7/10/20210.16
4/9/20210.22
1/4/20210.18
10/8/20200.5
7/12/20200.16
4/4/20200.22
1/5/20200.18
10/13/20190.16
1
2
3
4

Petronas Gas Bhd Stock Dividend

In 2023, Petronas Gas Bhd paid a dividend amounting to 0.72 MYR. Dividend means that Petronas Gas 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 Petronas Gas 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 Petronas Gas Bhd’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Petronas Gas 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.

Petronas Gas Bhd Dividend History

DatePetronas Gas Bhd Dividend
2026e0.74 MYR
2025e0.74 MYR
2024e0.74 MYR
20230.72 MYR
20220.6 MYR
20210.72 MYR
20201.06 MYR
20190.72 MYR
20180.69 MYR
20170.66 MYR
20160.6 MYR
20150.58 MYR
20140.8 MYR
20130.5 MYR
20120.4 MYR
20110.5 MYR
20100.45 MYR
20090.5 MYR
20080.5 MYR
20070.45 MYR
20060.4 MYR
20050.35 MYR
20040.2 MYR

Is the Petronas Gas Bhd Dividend Safe?

Petronas Gas Bhd has been increasing the dividend for 1 years.

Over the past 10 years, Petronas Gas Bhd has increased it by an annual 3.714 %.

Over a five-year period, the distribution increased by 0.855%.

Analysts expect a Dividend Increase of 1.521% for the current fiscal year.

Petronas Gas Bhd Stock Payout Ratio

In 2023, Petronas Gas Bhd had a payout ratio of 82.72%. The payout ratio indicates the percentage of the company's profits that Petronas Gas 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 Petronas Gas 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 Petronas Gas 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 Petronas Gas 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.

Petronas Gas Bhd Payout Ratio History

DatePetronas Gas Bhd Payout ratio
2026e78.34 %
2025e76.79 %
2024e75.5 %
202382.72 %
202272.15 %
202171.63 %
2020104.37 %
201973.62 %
201876.15 %
201772.85 %
201668.27 %
201557.75 %
201485.88 %
201347.62 %
201256.34 %
201190.91 %
201061.64 %
2009104.17 %
2008106.38 %
200781.82 %
200663.49 %
200571.43 %
200447.62 %

Dividend Details

Understanding Petronas Gas Bhd's Dividend Distributions

Petronas Gas 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 Petronas Gas 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

Petronas Gas 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 Petronas Gas 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.

Petronas Gas Bhd Aktienanalyse

What does Petronas Gas Bhd do?

Petronas Gas Bhd is a leading provider of gas supply and gas infrastructure in Malaysia and other countries in the region. The company was established in 1983 as a subsidiary of Petronas, the Malaysian state-owned oil and gas company. Since then, Petronas Gas has become a significant player in the energy industry, operating and maintaining pipelines, gas liquefaction and processing facilities, and producing industrial gases domestically and internationally. The company's business model focuses on ensuring reliable and secure gas supply for its customers. It operates an integrated model that encompasses the entire gas value chain, including the exploration and production of gas resources, as well as the transport and processing of natural gas and liquefied natural gas (LNG) through pipelines and facilities. The company also sells various industrial gases. Petronas Gas is divided into several business segments to effectively serve its wide range of products and services. This includes the gas distribution and storage segment, which specializes in providing pipeline systems and storage facilities in gas supply areas. The LNG segment covers the processing, storage, and transportation of LNG, with Petronas Gas having a vast network of facilities and tankers. The industrial gases segment offers a broad range of gases (such as oxygen, nitrogen, and argon) used in various industries including metallurgy, food, and chemicals. The company offers a variety of products and services, from household supply to energy provision for industrial plants. It places a significant focus on serving industrial customers who rely on reliable and efficient energy supply, including steel, chemical, and food industries. Petronas Gas also provides services in the oil and gas infrastructure sector by operating pipelines and storage facilities. Petronas Gas is committed to environmental engagement and promotes the use of renewable energies. The company is involved in the development of LNG fuels and plans to explore and utilize other alternative energies in the future. Overall, Petronas Gas Bhd is a significant player in the energy industry with a wide range of products and services. The company strives to ensure reliable and secure gas supply and has expanded its activities in renewable energies in recent years. Petronas Gas Bhd is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Petronas Gas Bhd stock

How much dividend does Petronas Gas Bhd pay?

Over the past 12 months, Petronas Gas Bhd paid a dividend of 0.72 MYR . This corresponds to a dividend yield of about 4 %. For the coming 12 months, Petronas Gas Bhd is expected to pay a dividend of 0.74 MYR.

What is the dividend yield of Petronas Gas Bhd?

The current dividend yield of Petronas Gas Bhd is 4 %.

When does Petronas Gas Bhd pay dividends?

Petronas Gas Bhd pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Petronas Gas Bhd?

Petronas Gas Bhd paid dividends every year for the past 23 years.

What is the dividend of Petronas Gas Bhd?

For the upcoming 12 months, dividends amounting to 0.74 MYR are expected. This corresponds to a dividend yield of 4.12 %.

In which sector is Petronas Gas Bhd located?

Petronas Gas Bhd is assigned to the 'Utilities' sector.

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

To receive the latest dividend of Petronas Gas Bhd from 6/27/2024 amounting to 0.16 MYR, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.

When did Petronas Gas Bhd pay the last dividend?

The last dividend was paid out on 6/27/2024.

What was the dividend of Petronas Gas Bhd in the year 2023?

In the year 2023, Petronas Gas Bhd distributed 0.6 MYR as dividends.

In which currency does Petronas Gas Bhd pay out the dividend?

The dividends of Petronas Gas Bhd are distributed in MYR.

Andere Kennzahlen von Petronas Gas Bhd

Our stock analysis for Petronas Gas 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 Petronas Gas Bhd Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.