Genting Berhad, an investment holding company, engages in leisure and hospitality, oil palm plantation, power generation, oil and gas, property development and management, life sciences, and biotechnology businesses in Malaysia and internationally. Its Leisure & Hospitality segment is involved in gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, and tours and travel related businesses; the development and operation of resorts; and the provision of other support services. The company's Plantation segment operates oil palm plantations, and palm oil milling and related activities. Its Power segment generates and supplies electric power. The company's Property segment develops and invests in properties. Its Oil & Gas segment explores for, develops, and produces oil and gas. The company also offers offshore financing; advisory, technical, and administrative services to oil and gas companies; and risk and insurance management consultancy services, as well as issues private debt securities and licenses intellectual property rights. In addition, it manufactures and sells biodiesel; processes fresh fruit bunches; provides project management, technical, and other management services; and researches and develops technologies for genetic analysis and sequencing. Further, it creates platform for early diagnosis and treatment of Alzheimer's and other neurodegenerative diseases; and undertakes the collection, analysis, and testing of specimens, samples, and/or data for research and evaluation activities. Additionally, it engages in the provision of information technology services relating to the gaming and resort industry; and provision of international sales and marketing services, and corporate services. Genting Berhad was founded in 1965 and is headquartered in Kuala Lumpur, Malaysia.
Genting Berhad Dividend Announcement
• Genting Berhad announced a semi annually dividend of $0.07 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-23
• Genting Berhad annual dividend for 2024 was $0.16
• Genting Berhad annual dividend for 2023 was $0.17
• Genting Berhad's trailing twelve-month (TTM) dividend yield is 0.94%
• Genting Berhad's payout ratio for the trailing twelve months (TTM) is 19.22%
• Genting Berhad's dividend growth over the last five years (2018-2023) was -9.31% year
• Genting Berhad's dividend growth over the last ten years (2013-2023) was 0.96% year
Genting Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | $0.07 | semi annually | 2024-10-21 |
2024-03-20 | $0.10 | semi annually | |
2023-09-08 | $0.06 | semi annually | 2023-10-31 |
2023-03-17 | $0.10 | semi annually | 2023-05-01 |
2022-09-09 | $0.08 | semi annually | 2022-10-17 |
2022-03-11 | $0.13 | semi annually | 2022-04-29 |
2021-03-11 | $0.10 | semi annually | 2021-04-19 |
2020-09-09 | $0.08 | semi annually | 2020-10-13 |
2020-06-26 | $0.07 | semi annually | 2020-08-06 |
2020-03-12 | $0.11 | semi annually | 2020-04-20 |
2019-10-28 | $0.08 | semi annually | 2019-11-29 |
2019-06-26 | $0.07 | semi annually | 2019-08-05 |
2019-03-13 | $0.09 | semi annually | 2019-04-18 |
2018-09-17 | $0.10 | semi annually | 2018-10-22 |
2018-06-07 | $0.08 | semi annually | 2018-07-12 |
2018-03-12 | $0.09 | semi annually | 2018-04-13 |
2017-09-11 | $0.09 | semi annually | 2017-10-16 |
2017-05-31 | $0.06 | semi annually | 2017-07-03 |
2017-03-07 | $0.07 | semi annually | 2017-04-10 |
2016-06-27 | $0.04 | semi annually | |
2015-06-25 | $0.04 | semi annually | |
2014-09-25 | $0.02 | semi annually | |
2013-11-20 | $0.08 | semi annually | |
2013-06-25 | $0.07 | semi annually |
Genting Berhad Dividend per year
Genting Berhad Dividend growth
Genting Berhad Dividend Yield
Genting Berhad current trailing twelve-month (TTM) dividend yield is 0.94%. Interested in purchasing Genting Berhad stock? Use our calculator to estimate your expected dividend yield:
Genting Berhad Financial Ratios
Genting Berhad Dividend FAQ
Other factors to consider when evaluating Genting Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Genting Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Genting Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Genting Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Genting Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Genting Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Genting Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Genting Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Genting Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Genting Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.