Gas Malaysia Berhad sells and distributes natural gas to the industrial, commercial, and residential sectors in Malaysia. It operates through two segments, Natural Gas & LPG, and Others. The company also develops, operates, and maintains natural gas distribution system in Peninsular Malaysia. In addition, it sells liquefied petroleum gas through a reticulation system; sells, markets, and promotes other gaseous fuel; provides energy solutions to the industrial, commercial, and residential sectors; supplies, sells, and transports compressed natural gas; holds properties; and operates virtual pipelines. The company serves customers in rubber products, food, beverage and tobacco, chemicals products, glass products, fabricated and basic metal, and other industries. The company was incorporated in 1992 and is headquartered in Shah Alam, Malaysia.
Gas Malaysia Berhad Dividend Announcement
• Gas Malaysia Berhad announced a quarterly dividend of RM0.06 per ordinary share which will be made payable on . Ex dividend date: 2024-10-04
• Gas Malaysia Berhad annual dividend for 2024 was RM0.23
• Gas Malaysia Berhad annual dividend for 2023 was RM0.23
• Gas Malaysia Berhad's trailing twelve-month (TTM) dividend yield is 6.21%
• Gas Malaysia Berhad's payout ratio for the trailing twelve months (TTM) is 72.48%
• Gas Malaysia Berhad's dividend growth over the last five years (2018-2023) was 10.84% year
• Gas Malaysia Berhad's dividend growth over the last ten years (2013-2023) was 5.13% year
Gas Malaysia Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-04 | RM0.06 | quarterly | |
2024-05-30 | RM0.09 | quarterly | |
2024-03-19 | RM0.08 | quarterly | |
2023-10-12 | RM0.06 | quarterly | |
2023-05-26 | RM0.09 | quarterly | |
2023-03-03 | RM0.08 | quarterly | |
2022-10-06 | RM0.06 | quarterly | |
2022-06-30 | RM0.07 | quarterly | |
2022-03-02 | RM0.06 | quarterly | |
2021-10-01 | RM0.05 | quarterly | |
2021-06-30 | RM0.05 | quarterly | |
2021-03-12 | RM0.05 | quarterly | |
2020-09-21 | RM0.04 | quarterly | |
2020-06-30 | RM0.04 | quarterly | |
2020-03-12 | RM0.05 | quarterly | |
2019-10-08 | RM0.05 | quarterly | |
2019-06-04 | RM0.04 | quarterly | |
2019-03-07 | RM0.04 | quarterly | |
2018-08-28 | RM0.04 | quarterly | |
2018-05-28 | RM0.05 | quarterly | |
2018-03-02 | RM0.04 | quarterly | |
2017-09-14 | RM0.04 | quarterly | |
2017-05-24 | RM0.05 | quarterly | |
2017-03-01 | RM0.04 | quarterly | |
2016-08-26 | RM0.04 | quarterly | |
2016-05-25 | RM0.05 | quarterly | |
2015-08-27 | RM0.04 | quarterly | |
2015-05-20 | RM0.04 | quarterly | |
2015-03-03 | RM0.04 | quarterly | |
2014-09-08 | RM0.05 | quarterly | |
2014-05-29 | RM0.04 | quarterly | |
2014-03-03 | RM0.03 | quarterly | |
2013-08-16 | RM0.06 | quarterly | |
2013-05-27 | RM0.08 | quarterly |
Gas Malaysia Berhad Dividend per year
Gas Malaysia Berhad Dividend growth
Gas Malaysia Berhad Dividend Yield
Gas Malaysia Berhad current trailing twelve-month (TTM) dividend yield is 6.21%. Interested in purchasing Gas Malaysia Berhad stock? Use our calculator to estimate your expected dividend yield:
Gas Malaysia Berhad Financial Ratios
Gas Malaysia Berhad Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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