Mega First Corporation Berhad, an investment holding company, engages in renewable energy, resources, packaging, property, plantation, oleochemical, and automation equipment manufacturing businesses in Malaysia, Laos, other ASEAN countries, India, Papua New Guinea, Australia, New Zealand, and internationally. It operates through three segments: Renewable Energy, Resources, and Packaging. The Renewable Energy segment builds, owns, and operates the Don Sahong hydropower project in Pakse, Laos. The Resources segment is involved in the quarrying of limestone; and manufacture and trading of lime products, calcium carbonate powder, and bricks. The Packaging segment manufactures and distributes a range of printed labels and stickers, paper bags, and flexible packaging products. The company also provides management, plantation development, management consultancy, car park operation, quoted securities investment, and sand mining services, as well as property investment, development, and management services. In addition, it designs, engineers, and manufactures automotive components; trades in building materials and construction products; develops and operates hydroelectric power plants; operates as a contractor for operation and maintenance of power plants; and invests in solar photovoltaic products. The company was incorporated in 1966 and is headquartered in Petaling Jaya, Malaysia.
Mega First Berhad Dividend Announcement
• Mega First Berhad announced a semi annually dividend of RM0.04 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-07
• Mega First Berhad annual dividend for 2024 was RM0.09
• Mega First Berhad annual dividend for 2023 was RM0.08
• Mega First Berhad's trailing twelve-month (TTM) dividend yield is 1.99%
• Mega First Berhad's payout ratio for the trailing twelve months (TTM) is 17.70%
• Mega First Berhad's dividend growth over the last five years (2018-2023) was 14.44% year
• Mega First Berhad's dividend growth over the last ten years (2013-2023) was 2.35% year
Mega First Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-07 | RM0.04 | semi annually | 2024-10-18 |
2024-04-02 | RM0.04 | semi annually | 2024-04-19 |
2023-10-02 | RM0.04 | semi annually | 2023-10-13 |
2023-04-12 | RM0.04 | semi annually | 2023-04-25 |
2022-10-03 | RM0.04 | semi annually | 2022-10-14 |
2022-04-06 | RM0.04 | semi annually | 2022-04-18 |
2021-10-07 | RM0.03 | semi annually | 2021-10-15 |
2021-04-07 | RM0.07 | semi annually | 2021-04-19 |
2020-11-24 | RM0.06 | semi annually | 2020-12-02 |
2020-08-14 | RM0.06 | semi annually | 2020-08-25 |
2019-06-20 | RM0.02 | semi annually | 2019-07-12 |
2018-09-26 | RM0.02 | semi annually | 2018-10-12 |
2018-06-20 | RM0.02 | semi annually | 2018-07-06 |
2017-09-27 | RM0.02 | semi annually | 2017-10-13 |
2017-06-21 | RM0.03 | semi annually | 2017-07-07 |
2016-09-28 | RM0.02 | semi annually | |
2016-06-20 | RM0.05 | semi annually | |
2015-09-22 | RM0.03 | semi annually | |
2015-06-19 | RM0.04 | semi annually | |
2014-09-17 | RM0.03 | semi annually | |
2014-06-26 | RM0.04 | semi annually | |
2013-09-18 | RM0.03 | semi annually | |
2013-06-26 | RM0.04 | semi annually |
Mega First Berhad Dividend per year
Mega First Berhad Dividend growth
Mega First Berhad Dividend Yield
Mega First Berhad current trailing twelve-month (TTM) dividend yield is 1.99%. Interested in purchasing Mega First Berhad stock? Use our calculator to estimate your expected dividend yield:
Mega First Berhad Financial Ratios
Mega First Berhad Dividend FAQ
Other factors to consider when evaluating Mega First 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: Mega First 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, Mega First 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, Mega First 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 Mega First 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: Mega First 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, Mega First 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: Mega First 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 Mega First 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 Mega First 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.