Genting Malaysia Berhad, together with its subsidiaries, engages in the leisure and hospitality business in Malaysia, the United Kingdom, Egypt, the United States, and the Bahamas. It operates through Leisure & Hospitality, and Properties segments. The Leisure & Hospitality segment comprises integrated resort activities, which include gaming, hotels, food and beverage, theme parks, and retail and entertainment attractions, as well as tours and travel related, and other supporting services. The Properties segment is involved in the development and sale of land and properties, as well as letting of apartment units; and property investment and management activities. It also engages in the operation of casinos; and provision of information technology and consultancy services. In addition, the company provides investment, marketing, private debt securities issuance, training, administrative, show agency, condotel, golf resort, cable car and related support, creative and art, project and construction management, offshore financing, karaoke, payment and collection agency, loyalty programme, garbage collection and disposal, sewerage, investment trading, reinsurance, and resort management services. Further, it offers electricity supply, water, liquefied petroleum gas, and other services at Genting Highlands; operates sportsbooks; owns and operates aircraft; owns sea vessels; researches and develops software; and operates a video lottery facility. The company was formerly known as Resorts World Bhd. Genting Malaysia Berhad was incorporated in 1980 and is headquartered in Kuala Lumpur, Malaysia.
Genting Malaysia Berhad Dividend Announcement
• Genting Malaysia Berhad announced a semi annually dividend of RM0.06 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-17
• Genting Malaysia Berhad annual dividend for 2024 was RM0.15
• Genting Malaysia Berhad annual dividend for 2023 was RM0.15
• Genting Malaysia Berhad's trailing twelve-month (TTM) dividend yield is 6.98%
• Genting Malaysia Berhad's payout ratio for the trailing twelve months (TTM) is 35.84%
• Genting Malaysia Berhad's dividend growth over the last five years (2018-2023) was -4.62% year
• Genting Malaysia Berhad's dividend growth over the last ten years (2013-2023) was 4.90% year
Genting Malaysia Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-17 | RM0.06 | semi annually | 2024-10-07 |
| 2024-03-20 | RM0.09 | semi annually | 2024-04-15 |
| 2023-09-11 | RM0.06 | semi annually | 2023-10-02 |
| 2023-03-20 | RM0.09 | semi annually | 2023-04-14 |
| 2022-09-12 | RM0.06 | semi annually | 2022-09-29 |
| 2022-03-14 | RM0.09 | semi annually | 2022-03-31 |
| 2021-03-12 | RM0.09 | semi annually | 2021-04-06 |
| 2020-09-10 | RM0.06 | semi annually | 2020-09-29 |
| 2020-06-29 | RM0.05 | semi annually | 2020-07-23 |
| 2020-03-13 | RM0.09 | semi annually | 2020-04-07 |
| 2019-09-18 | RM0.06 | semi annually | 2019-10-11 |
| 2019-06-27 | RM0.05 | semi annually | 2019-07-23 |
| 2019-03-12 | RM0.08 | semi annually | 2019-04-04 |
| 2018-09-14 | RM0.06 | semi annually | 2018-10-10 |
| 2018-06-06 | RM0.05 | semi annually | 2018-06-28 |
| 2018-03-12 | RM0.08 | semi annually | 2018-03-30 |
| 2017-09-11 | RM0.04 | semi annually | 2017-10-04 |
| 2017-05-31 | RM0.06 | semi annually | 2017-06-21 |
| 2017-03-08 | RM0.07 | semi annually | 2017-03-28 |
| 2016-09-28 | RM0.03 | semi annually | |
| 2016-06-28 | RM0.04 | semi annually | |
| 2015-09-28 | RM0.03 | semi annually | |
| 2015-06-26 | RM0.04 | semi annually | |
| 2014-09-26 | RM0.03 | semi annually | |
| 2014-06-26 | RM0.04 | semi annually | |
| 2013-09-26 | RM0.04 | semi annually | |
| 2013-06-26 | RM0.05 | semi annually |
Genting Malaysia Berhad Dividend per year
Genting Malaysia Berhad Dividend growth
Genting Malaysia Berhad Dividend Yield
Genting Malaysia Berhad current trailing twelve-month (TTM) dividend yield is 6.98%. Interested in purchasing Genting Malaysia Berhad stock? Use our calculator to estimate your expected dividend yield:
Genting Malaysia Berhad Financial Ratios
P/E ratio12.84
PEG ratio0.13
P/B ratio1.04
ROE7.60%
Payout ratio35.84%
Current ratio1.57
Quick ratio1.52
Cash Ratio1.01
Genting Malaysia Berhad Dividend FAQ
How much is the next Genting Malaysia Berhad dividend?
Genting Malaysia 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 Malaysia Berhad dividend. The next Genting Malaysia Berhad dividend will be released in March, or September.
When is Genting Malaysia Berhad dividend paid?
Genting Malaysia 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 Malaysia Berhad pay?
The specific amount of Genting Malaysia 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 Malaysia Berhad's dividend history.
Does Genting Malaysia Berhad stock pay dividends?
Yes, Genting Malaysia 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 Malaysia Berhad's dividend history.
How much dividend does Genting Malaysia Berhad pay?
Genting Malaysia Berhad paid RM0.15 in 2024, RM0.15 in 2023, RM0.15 in 2022, RM0.085 in 2021, and RM0.2 in 2020.
How often does Genting Malaysia Berhad pay dividends?
Genting Malaysia 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 Malaysia Berhad's dividend yield?
The current dividend yield for Genting Malaysia Berhad is 6.98%. 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 Malaysia Berhad's exact dividend yield.
When does Genting Malaysia Berhad go ex dividend?
Genting Malaysia Berhad's ex-dividend date for the latest dividend was on 2024-09-17. Genting Malaysia 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 Malaysia Berhad dividend paid?
Genting Malaysia Berhad pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Genting Malaysia 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 Malaysia 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 Malaysia Berhad dividend per share?
Genting Malaysia Berhad paid RM0.15 per share in 2024 and RM0.15 per share in 2023. The amount of dividend per share that Genting Malaysia 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 Malaysia 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 Malaysia 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 Malaysia Berhad a dividend stock?
Yes, Genting Malaysia 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 Malaysia Berhad a good dividend stock?
Whether Genting Malaysia 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 Malaysia Berhad has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Genting Malaysia 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 Malaysia 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 Malaysia Berhad pay dividends monthly?
Genting Malaysia Berhad typically pays dividends on a semi annually basis.
Does Genting Malaysia Berhad pay dividends quarterly?
Genting Malaysia Berhad currently pays dividends on a semi annually basis.
Has Genting Malaysia Berhad ever paid a dividend?
Yes, Genting Malaysia Berhad has a history of paying dividends to its shareholders. Genting Malaysia Berhad is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Genting Malaysia Berhad dividend stocks?
To buy Genting 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, 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 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.
Place an order: Use the brokerage's trading platform to place an order to buy Genting 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.
When does Genting Malaysia Berhad pay dividends 2024?
Genting Malaysia Berhad pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-07. 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 Malaysia Berhad increase its dividend in 2024?
Decisions regarding Genting Malaysia 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 Malaysia Berhad dividend overview you can look into the above table of dividend history.
How Genting Malaysia Berhad dividend works?
The Genting Malaysia 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 Malaysia Berhad's dividend process works:
1. Determination of Dividend: Genting Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia Berhad dividends paid?
Genting Malaysia Berhad dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Genting Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia Berhad pay dividends?
Genting Malaysia 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 Malaysia Berhad pay dividends?
The general pattern is that Genting Malaysia 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 Malaysia Berhad dividend safe?
The safety of Genting Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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 Malaysia 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.