Genting Plantations Berhad, together with its subsidiaries, engages in the oil palm plantation, property development and investment, genomics research and development, and downstream manufacturing activities in Malaysia and Indonesia. It operates through Plantation, Property, AgTech, Downstream Manufacturing, and Others segments. The company is also involved in the provision of plant screening, property management, project management, money lending, hire purchase, and technical services; and issuance of debt securities under Sukuk program. In addition, it provides research, development, and production of oil palm planting materials; manufacture and sale of biodiesel and downstream palm oil derivatives; research, development, and commercialization of agricultural products, seeds, and fertilizers; processing of fresh fruit bunches; and refining and selling of palm oil products. The company was formerly known as Asiatic Development Berhad. The company was incorporated in 1977 and is headquartered in Kuala Lumpur, Malaysia. Genting Plantations Berhad is a subsidiary of Genting Berhad.
Genting Plantations Berhad Dividend Announcement
• Genting Plantations Berhad announced a semi annually dividend of RM0.08 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-12
• Genting Plantations Berhad annual dividend for 2024 was RM0.12
• Genting Plantations Berhad annual dividend for 2023 was RM0.23
• Genting Plantations Berhad's trailing twelve-month (TTM) dividend yield is 2.12%
• Genting Plantations Berhad's payout ratio for the trailing twelve months (TTM) is 69.35%
• Genting Plantations Berhad's dividend growth over the last five years (2018-2023) was -1.85% year
• Genting Plantations Berhad's dividend growth over the last ten years (2013-2023) was -8.51% year
Genting Plantations Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | RM0.08 | semi annually | 2024-09-30 |
2024-03-14 | RM0.04 | semi annually | 2024-04-02 |
2023-09-08 | RM0.08 | semi annually | 2023-09-25 |
2023-03-09 | RM0.15 | semi annually | 2023-03-28 |
2022-09-09 | RM0.15 | semi annually | 2022-09-26 |
2022-06-02 | RM0.04 | semi annually | 2022-06-22 |
2022-03-10 | RM0.15 | semi annually | 2022-03-29 |
2021-09-09 | RM0.11 | semi annually | 2021-09-24 |
2021-06-02 | RM0.04 | semi annually | 2021-06-22 |
2021-03-11 | RM0.11 | semi annually | 2021-03-30 |
2020-09-09 | RM0.06 | semi annually | 2020-09-24 |
2020-06-29 | RM0.10 | semi annually | 2020-07-20 |
2019-09-17 | RM0.04 | semi annually | 2019-10-09 |
2019-06-27 | RM0.08 | semi annually | 2019-07-19 |
2018-09-13 | RM0.05 | semi annually | 2018-10-08 |
2018-06-05 | RM0.10 | semi annually | 2018-06-26 |
2018-03-09 | RM0.11 | semi annually | 2018-03-29 |
2017-09-11 | RM0.06 | semi annually | 2017-10-02 |
2017-05-30 | RM0.08 | semi annually | 2017-06-19 |
2017-03-07 | RM0.11 | semi annually | 2017-03-27 |
2016-09-28 | RM0.02 | semi annually | |
2016-06-28 | RM0.03 | semi annually | |
2015-09-28 | RM0.03 | semi annually | |
2015-06-26 | RM0.04 | semi annually | |
2015-03-10 | RM0.03 | semi annually | |
2014-09-26 | RM0.03 | semi annually | |
2013-11-19 | RM0.44 | semi annually | |
2013-09-26 | RM0.04 | semi annually | |
2013-06-26 | RM0.06 | semi annually | |
2013-03-12 | RM0.03 | semi annually |
Genting Plantations Berhad Dividend per year
Genting Plantations Berhad Dividend growth
Genting Plantations Berhad Dividend Yield
Genting Plantations Berhad current trailing twelve-month (TTM) dividend yield is 2.12%. Interested in purchasing Genting Plantations Berhad stock? Use our calculator to estimate your expected dividend yield:
Genting Plantations Berhad Financial Ratios
Genting Plantations Berhad Dividend FAQ
Other factors to consider when evaluating Genting Plantations 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 Plantations 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 Plantations 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 Plantations 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 Plantations 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 Plantations 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 Plantations 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 Plantations 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 Plantations 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 Plantations 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.