PETRONAS Gas Berhad engages in separating natural gas into components; and storing, transporting, distributing, and selling such components to industrial utilities in Malaysia. It operates through four segments: Gas Processing, Gas Transportation, Regasification, and Utilities. The Gas Processing segment processes natural gas into sales gas and other by-products, such as ethane, propane, and butane. The Gas Transportation segment engages in the transportation of sales gas through its peninsular gas utilization pipeline network, as well as pengerang integrated complex. It also offers operation and maintenance services. The Regasification segment engages in the regasification of liquefied natural gas (LNG), as well as provides LNG reloading, truck loading, and gassing up and cooling down services. The Utilities segment manufactures, markets, and supplies industrial utilities to the petrochemical complexes and national electricity grid; and offers operations and maintenance services. The company was incorporated in 1983 and is based in Kuala Lumpur, Malaysia. PETRONAS Gas Berhad is a subsidiary of Petroliam Nasional Berhad.
PETRONAS Gas Berhad Dividend Announcement
• PETRONAS Gas Berhad announced a quarterly dividend of RM0.16 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-09-04
• PETRONAS Gas Berhad annual dividend for 2024 was RM0.54
• PETRONAS Gas Berhad annual dividend for 2023 was RM0.72
• PETRONAS Gas Berhad's trailing twelve-month (TTM) dividend yield is 5.04%
• PETRONAS Gas Berhad's payout ratio for the trailing twelve months (TTM) is 77.61%
• PETRONAS Gas Berhad's dividend growth over the last five years (2018-2023) was -3.27% year
• PETRONAS Gas Berhad's dividend growth over the last ten years (2013-2023) was 3.71% year
PETRONAS Gas Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | RM0.16 | quarterly | 2024-09-19 |
2024-06-13 | RM0.16 | quarterly | 2024-06-27 |
2024-03-11 | RM0.22 | quarterly | |
2023-12-04 | RM0.18 | quarterly | 2023-12-15 |
2023-09-11 | RM0.16 | quarterly | 2023-09-22 |
2023-06-06 | RM0.16 | quarterly | 2023-06-20 |
2023-03-03 | RM0.22 | quarterly | 2023-03-15 |
2022-11-29 | RM0.18 | quarterly | 2022-12-12 |
2022-09-12 | RM0.16 | quarterly | 2022-09-23 |
2022-06-03 | RM0.16 | quarterly | 2022-06-16 |
2022-03-09 | RM0.10 | quarterly | 2022-03-22 |
2021-12-06 | RM0.18 | quarterly | 2021-12-20 |
2021-09-07 | RM0.16 | quarterly | 2021-09-20 |
2021-06-10 | RM0.16 | quarterly | 2021-06-21 |
2021-03-09 | RM0.05 | quarterly | 2021-03-22 |
2020-12-04 | RM0.18 | quarterly | 2020-12-22 |
2020-09-08 | RM0.50 | quarterly | 2020-10-01 |
2020-06-12 | RM0.16 | quarterly | 2020-06-30 |
2020-03-04 | RM0.10 | quarterly | 2020-03-26 |
2019-12-05 | RM0.18 | quarterly | 2019-12-18 |
2019-09-13 | RM0.16 | quarterly | 2019-09-27 |
2019-06-18 | RM0.16 | quarterly | 2019-06-27 |
2019-03-01 | RM0.22 | quarterly | 2019-03-15 |
2018-12-13 | RM0.18 | quarterly | 2018-12-27 |
2018-08-29 | RM0.16 | quarterly | 2018-09-14 |
2018-05-31 | RM0.16 | quarterly | 2018-06-12 |
2018-05-28 | RM0.16 | quarterly | |
2018-03-12 | RM0.19 | quarterly | 2018-03-23 |
2017-11-23 | RM0.16 | quarterly | 2017-12-08 |
2017-08-28 | RM0.16 | quarterly | 2017-09-14 |
2017-05-26 | RM0.15 | quarterly | 2017-06-14 |
2017-03-07 | RM0.19 | quarterly | 2017-03-22 |
2016-11-16 | RM0.15 | quarterly | |
2016-08-24 | RM0.14 | quarterly | |
2016-05-23 | RM0.14 | quarterly | |
2016-03-09 | RM0.17 | quarterly | |
2015-11-18 | RM0.15 | quarterly | |
2015-08-19 | RM0.14 | quarterly | |
2015-05-26 | RM0.14 | quarterly | |
2015-03-05 | RM0.15 | quarterly | |
2014-11-18 | RM0.20 | quarterly | |
2014-08-22 | RM0.20 | quarterly | |
2014-05-09 | RM0.40 | quarterly | |
2013-09-06 | RM0.15 | quarterly | |
2013-05-21 | RM0.35 | quarterly |
PETRONAS Gas Berhad Dividend per year
PETRONAS Gas Berhad Dividend growth
PETRONAS Gas Berhad Dividend Yield
PETRONAS Gas Berhad current trailing twelve-month (TTM) dividend yield is 5.04%. Interested in purchasing PETRONAS Gas Berhad stock? Use our calculator to estimate your expected dividend yield:
PETRONAS Gas Berhad Financial Ratios
PETRONAS Gas Berhad Dividend FAQ
Other factors to consider when evaluating PETRONAS Gas 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: PETRONAS Gas 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, PETRONAS Gas 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, PETRONAS Gas 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 PETRONAS Gas 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: PETRONAS Gas 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, PETRONAS Gas 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: PETRONAS Gas 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 PETRONAS Gas 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 PETRONAS Gas 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.