company-logo

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 5.33%
Gas Malaysia Berhad's payout ratio for the trailing twelve months (TTM) is 67.49%
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 dateDividend amountDividend typePay date
2024-10-04RM0.06quarterly
2024-05-30RM0.09quarterly
2024-03-19RM0.08quarterly
2023-10-12RM0.06quarterly
2023-05-26RM0.09quarterly
2023-03-03RM0.08quarterly
2022-10-06RM0.06quarterly
2022-06-30RM0.07quarterly
2022-03-02RM0.06quarterly
2021-10-01RM0.05quarterly
2021-06-30RM0.05quarterly
2021-03-12RM0.05quarterly
2020-09-21RM0.04quarterly
2020-06-30RM0.04quarterly
2020-03-12RM0.05quarterly
2019-10-08RM0.05quarterly
2019-06-04RM0.04quarterly
2019-03-07RM0.04quarterly
2018-08-28RM0.04quarterly
2018-05-28RM0.05quarterly
2018-03-02RM0.04quarterly
2017-09-14RM0.04quarterly
2017-05-24RM0.05quarterly
2017-03-01RM0.04quarterly
2016-08-26RM0.04quarterly
2016-05-25RM0.05quarterly
2015-08-27RM0.04quarterly
2015-05-20RM0.04quarterly
2015-03-03RM0.04quarterly
2014-09-08RM0.05quarterly
2014-05-29RM0.04quarterly
2014-03-03RM0.03quarterly
2013-08-16RM0.06quarterly
2013-05-27RM0.08quarterly

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 5.33%. Interested in purchasing Gas Malaysia Berhad stock? Use our calculator to estimate your expected dividend yield:

Gas Malaysia Berhad Financial Ratios

P/E ratio12.87
PEG ratio0.28
P/B ratio4.00
ROE32.24%
Payout ratio67.49%
Current ratio0.90
Quick ratio0.90
Cash Ratio0.42

Gas Malaysia Berhad Dividend FAQ

Does Gas Malaysia Berhad stock pay dividends?
Gas Malaysia Berhad does not currently pay dividends to its shareholders.
Has Gas Malaysia Berhad ever paid a dividend?
No, Gas Malaysia Berhad has no a history of paying dividends to its shareholders. Gas Malaysia Berhad is not known for its dividend payments.
Why doesn't Gas Malaysia Berhad pay dividends?
There are several potential reasons why Gas Malaysia Berhad would choose not to pay dividends to their shareholders:

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.
Will Gas Malaysia Berhad ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Gas Malaysia Berhad has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Gas Malaysia Berhad a dividend aristocrat?
Gas Malaysia Berhad is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gas Malaysia Berhad a dividend king?
Gas Malaysia Berhad is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gas Malaysia Berhad a dividend stock?
No, Gas Malaysia Berhad is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Gas Malaysia Berhad stocks?
To buy Gas Malaysia Berhad you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Gas Malaysia Berhad stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.