Top Glove Corporation Bhd - Stock

Top Glove Corporation Bhd Dividend 2024

Top Glove Corporation Bhd Dividend

0 MYR

Top Glove Corporation Bhd Dividend yield

36.05 %

Ticker

TOPGLOV.KL

ISIN

MYL7113OO003

WKN

358038

How much dividend does Top Glove Corporation Bhd 2024 pay?

According to the latest status from July 2024, Top Glove Corporation Bhd paid a total of 0 MYR per share in dividends within the last 12 months. With the current Top Glove Corporation Bhd price of 1.19 MYR, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

36.05 % Dividend Yield=
0.43 MYR Dividend
1.19 MYR Stock Price

Historical Top Glove Corporation Bhd Dividends

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

PaydateDividend
1/24/20220.01
11/1/20210.04
7/23/20210.13
4/23/20210.25
1/24/20210.17
11/19/20200.09
7/25/20200.1
1/9/20200.04
8/2/20190.04
2/9/20190.05
8/2/20180.07
2/10/20180.09
8/3/20170.06
2/6/20170.09
7/29/20160.06
2/11/20160.12
7/30/20150.08
2/12/20150.09
8/1/20140.07
2/8/20140.09
1
2
3

Top Glove Corporation Bhd Stock Dividend

In 2023, Top Glove Corporation Bhd paid a dividend amounting to 0 MYR. Dividend means that Top Glove Corporation Bhd distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Top Glove Corporation 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 Top Glove Corporation Bhd’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Top Glove Corporation 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.

Top Glove Corporation Bhd Dividend History

DateTop Glove Corporation Bhd Dividend
20210.43 undefined
20200.28 undefined
20190.04 undefined
20180.03 undefined
20170.02 undefined
20160.02 undefined
20150.01 undefined
20140.01 undefined
20130.01 undefined
20120.01 undefined
20110 undefined
20100.02 undefined
20090.01 undefined
20080 undefined
20070 undefined
20060 undefined
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20040 undefined

Is the Top Glove Corporation Bhd Dividend Safe?

Top Glove Corporation Bhd has been increasing the dividend for 8 years.

Over the past 10 years, Top Glove Corporation Bhd has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Top Glove Corporation Bhd Stock Payout Ratio

In 2023, Top Glove Corporation Bhd had a payout ratio of 87.27%. The payout ratio indicates the percentage of the company's profits that Top Glove Corporation Bhd distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Top Glove Corporation 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 Top Glove Corporation 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 Top Glove Corporation 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.

Top Glove Corporation Bhd Payout Ratio History

DateTop Glove Corporation Bhd Payout ratio
2027e78.94 %
2026e81.02 %
2025e82.63 %
2024e73.16 %
202387.27 %
202287.45 %
202144.77 %
2020129.59 %
201988 %
201845.89 %
201755.53 %
201641.69 %
201512.55 %
201419.05 %
201316.67 %
201213.54 %
20118.33 %
201017.13 %
20097.74 %
20089.17 %
20077.92 %
20066.32 %
200511.9 %
20048.22 %

Dividend Details

Understanding Top Glove Corporation Bhd's Dividend Distributions

Top Glove Corporation 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 Top Glove Corporation 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

Top Glove Corporation 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 Top Glove Corporation 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.

Top Glove Corporation Bhd Aktienanalyse

What does Top Glove Corporation Bhd do?

The Top Glove Corporation Bhd is a Malaysian company specializing in the production of gloves. It was founded in 1991 by Tan Sri Lim Wee Chai and is headquartered in Klang, Selangor. Since its inception, Top Glove has become a leading manufacturer of medical and industrial gloves and is now the world's largest glove manufacturer. The business model of Top Glove is based on the production and sale of gloves. The company is divided into two main segments: Medical gloves and industrial gloves. Medical gloves include disposable gloves used in hospitals, pharmacies, and other medical facilities. Industrial gloves are mainly used in manufacturing, food processing, and other industries. Top Glove's product range includes latex gloves, nitrile gloves, and vinyl gloves in various sizes and colors. Top Glove is divided into three main regions: Malaysia, Thailand, and China. The company operates seventeen factories in Malaysia, five in Thailand, and two in China. It also has sales offices in the USA and Europe. With a production capacity of over 70 billion gloves per year, Top Glove is the largest manufacturer of medical and industrial gloves worldwide. The history of Top Glove began in 1991 with the founding of Top Glove Sdn Bhd in Malaysia. The company established its first factory in Klang, Selangor, and started producing latex gloves. In 1993, Top Glove acquired the brand "Top Glove," which is now globally recognized. In the following years, the company opened more factories and expanded its product range to include nitrile gloves and vinyl gloves. In 2000, Top Glove was listed on the Malaysian stock exchange, and in 2001, the company opened its first factory in Thailand. In 2006, Top Glove acquired a factory in China, and in 2009, the company opened its first sales office in the USA. In the following years, the company continued to expand and open new factories in Malaysia, Thailand, and China. In 2020, Top Glove gained even more attention due to the COVID-19 pandemic, as it is one of the main suppliers of gloves to the medical sector. However, the company has also faced criticism for past allegations of human rights violations against its foreign workers. Overall, Top Glove is a significant player in the market for medical and industrial gloves. The company has an impressive success story and is well positioned to continue playing a leading role in the industry. Top Glove Corporation Bhd is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Top Glove Corporation Bhd stock

How much dividend does Top Glove Corporation Bhd pay?

Over the past 12 months, Top Glove Corporation Bhd paid a dividend of 0.43 MYR . This corresponds to a dividend yield of about 36.05 %. For the coming 12 months, Top Glove Corporation Bhd is expected to pay a dividend of 0 MYR.

What is the dividend yield of Top Glove Corporation Bhd?

The current dividend yield of Top Glove Corporation Bhd is 36.05 %.

When does Top Glove Corporation Bhd pay dividends?

Top Glove Corporation Bhd pays a quarterly dividend. This is distributed in the months of April, July, November, January.

How secure is the dividend of Top Glove Corporation Bhd?

Top Glove Corporation Bhd paid dividends every year for the past 3 years.

What is the dividend of Top Glove Corporation Bhd?

For the upcoming 12 months, dividends amounting to 0 MYR are expected. This corresponds to a dividend yield of 0 %.

In which sector is Top Glove Corporation Bhd located?

Top Glove Corporation Bhd is assigned to the 'Health' sector.

Wann musste ich die Aktien von Top Glove Corporation Bhd kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Top Glove Corporation Bhd from 1/10/2022 amounting to 0.012 MYR, you needed to have the stock in your portfolio before the ex-date on 12/24/2021.

When did Top Glove Corporation Bhd pay the last dividend?

The last dividend was paid out on 1/10/2022.

What was the dividend of Top Glove Corporation Bhd in the year 2023?

In the year 2023, Top Glove Corporation Bhd distributed 0 MYR as dividends.

In which currency does Top Glove Corporation Bhd pay out the dividend?

The dividends of Top Glove Corporation Bhd are distributed in MYR.

Andere Kennzahlen von Top Glove Corporation Bhd

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