Westports Holdings Berhad, an investment holding company, develops and manages ports. The company operates a port under the Westports name in Port Klang, Malaysia.It offers container cargo services; conventional services, including dry bulk, break bulk, liquid bulk, cement cargo, and roll-on-roll-off services; and marine services. The company also operates terminal facilities. Westports Holdings Berhad was incorporated in 1993 and is based in Port Klang, Malaysia.
Westports Berhad Dividend Announcement
• Westports Berhad announced a semi annually dividend of RM0.09 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-08-09
• Westports Berhad annual dividend for 2024 was RM0.18
• Westports Berhad annual dividend for 2023 was RM0.16
• Westports Berhad's trailing twelve-month (TTM) dividend yield is 3.95%
• Westports Berhad's payout ratio for the trailing twelve months (TTM) is 70.86%
• Westports Berhad's dividend growth over the last five years (2018-2023) was 3.23% year
Westports Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | RM0.09 | semi annually | 2024-08-21 |
2024-02-19 | RM0.09 | semi annually | |
2023-08-10 | RM0.08 | semi annually | 2023-08-22 |
2023-02-08 | RM0.07 | semi annually | 2023-02-20 |
2022-08-11 | RM0.07 | semi annually | 2022-08-23 |
2022-02-14 | RM0.09 | semi annually | 2022-02-24 |
2021-08-16 | RM0.09 | semi annually | 2021-08-26 |
2021-02-17 | RM0.06 | semi annually | 2021-03-01 |
2020-08-10 | RM0.05 | semi annually | 2020-08-21 |
2020-02-20 | RM0.06 | semi annually | 2020-03-03 |
2019-08-13 | RM0.07 | semi annually | 2019-08-23 |
2019-02-18 | RM0.06 | semi annually | 2019-03-01 |
2018-08-07 | RM0.05 | semi annually | 2018-08-20 |
2018-02-21 | RM0.08 | semi annually | 2018-03-06 |
2017-08-01 | RM0.06 | semi annually | 2017-08-15 |
2017-02-22 | RM0.07 | semi annually | 2017-03-08 |
2016-08-09 | RM0.07 | semi annually | |
2016-02-17 | RM0.06 | semi annually | |
2015-08-13 | RM0.05 | semi annually | |
2015-02-26 | RM0.06 | semi annually | |
2014-08-07 | RM0.05 | semi annually | |
2014-02-26 | RM0.05 | semi annually |
Westports Berhad Dividend per year
Westports Berhad Dividend growth
Westports Berhad Dividend Yield
Westports Berhad current trailing twelve-month (TTM) dividend yield is 3.95%. Interested in purchasing Westports Berhad stock? Use our calculator to estimate your expected dividend yield:
Westports Berhad Financial Ratios
Westports Berhad Dividend FAQ
Other factors to consider when evaluating Westports 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: Westports 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, Westports 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, Westports 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 Westports 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: Westports 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, Westports 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: Westports 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 Westports 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 Westports 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.