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 0.79%
• Genting Berhad's payout ratio for the trailing twelve months (TTM) is 38.53%
• 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 0.79%. Interested in purchasing Genting Berhad stock? Use our calculator to estimate your expected dividend yield:
Genting Berhad Financial Ratios
P/E ratio53.58
PEG ratio0.12
P/B ratio2.33
ROE4.40%
Payout ratio38.53%
Current ratio3.14
Quick ratio3.05
Cash Ratio2.54
Genting Berhad Dividend FAQ
How much is the next Genting Berhad dividend?
Genting Berhad's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Genting Berhad dividend. The next Genting Berhad dividend will be released in March, or September.
When is Genting Berhad dividend paid?
Genting Berhad pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Genting Berhad pay?
The specific amount of Genting Berhad dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Genting Berhad's dividend history.
Does Genting Berhad stock pay dividends?
Yes, Genting Berhad does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Genting Berhad's dividend history.
How much dividend does Genting Berhad pay?
Genting Berhad paid $0.164 in 2024, $0.165 in 2023, $0.209 in 2022, $0.105 in 2021, and $0.261 in 2020.
How often does Genting Berhad pay dividends?
Genting Berhad typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Genting Berhad's dividend yield?
The current dividend yield for Genting Berhad is 0.79%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Genting Berhad's exact dividend yield.
When does Genting Berhad go ex dividend?
Genting Berhad's ex-dividend date for the latest dividend was on 2024-09-23. Genting Berhad typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Genting Berhad dividend paid?
Genting Berhad pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Genting Berhad increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Genting Berhad will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Genting Berhad dividend per share?
Genting Berhad paid $0.164 per share in 2024 and $0.165 per share in 2023. The amount of dividend per share that Genting Berhad pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Genting Berhad a dividend aristocrat?
No, 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 Genting Berhad a dividend king?
No, 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 Genting Berhad a dividend stock?
Yes, Genting Berhad is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Genting Berhad a good dividend stock?
Whether Genting Berhad is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Genting Berhad has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Genting Berhad pay dividends monthly?
Genting Berhad typically pays dividends on a semi annually basis.
Does Genting Berhad pay dividends quarterly?
Genting Berhad currently pays dividends on a semi annually basis.
Has Genting Berhad ever paid a dividend?
Yes, Genting Berhad has a history of paying dividends to its shareholders. Genting Berhad is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Genting Berhad dividend stocks?
To buy Genting 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Genting 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.
Place an order: Use the brokerage's trading platform to place an order to buy Genting 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.
When does Genting Berhad pay dividends 2024?
Genting Berhad pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Genting Berhad increase its dividend in 2024?
Decisions regarding Genting Berhad dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Genting Berhad dividend overview you can look into the above table of dividend history.
How Genting Berhad dividend works?
The Genting Berhad dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Genting Berhad's dividend process works:
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. 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.
How are Genting Berhad dividends paid?
Genting Berhad dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Genting Berhad pay dividends?
Genting Berhad typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Genting Berhad pay dividends?
The general pattern is that Genting Berhad pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Genting Berhad dividend safe?
The safety of Genting Berhad's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.