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Dominant Enterprise Bhd (XKLS:7169) Forward Dividend Yield % : 4.55% (As of May. 16, 2024)


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What is Dominant Enterprise Bhd Forward Dividend Yield %?

As of today (2024-05-16), the Forward Annual Dividend Yield of Dominant Enterprise Bhd is 4.55%.

As of today (2024-05-16), the Trailing Annual Dividend Yield of Dominant Enterprise Bhd is 4.55%.

XKLS:7169's Forward Dividend Yield % is ranked better than
80.24% of 167 companies
in the Forest Products industry
Industry Median: 2.61 vs XKLS:7169: 4.55

Dominant Enterprise Bhd's Dividends per Share for the three months ended in Dec. 2023 was RM0.01.

During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -16.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dominant Enterprise Bhd was 25.40% per year. The lowest was -27.30% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Dominant Enterprise Bhd's Forward Dividend Yield %

For the Lumber & Wood Production subindustry, Dominant Enterprise Bhd's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dominant Enterprise Bhd's Forward Dividend Yield % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dominant Enterprise Bhd's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dominant Enterprise Bhd's Forward Dividend Yield % falls into.



Dominant Enterprise Bhd Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dominant Enterprise Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.0100002024-03-122024-03-132024-03-27Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.0100002023-12-072023-12-082023-12-21Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.0100002023-09-292023-10-022023-10-26Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.0100002023-09-072023-09-082023-09-27Cash DividendquarterlyMYR:MYR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dominant Enterprise Bhd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.04/0.88
=4.55 %

Current Share Price is RM0.88.
Dominant Enterprise Bhd's Dividends per Share for the forward twelve months is calculated as RM0.01 * 4 = RM0.04.

Dominant Enterprise Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.04/0.88
=4.55 %

Current Share Price is RM0.88.
Dominant Enterprise Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.04.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dominant Enterprise Bhd  (XKLS:7169) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dominant Enterprise Bhd Forward Dividend Yield % Related Terms

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Dominant Enterprise Bhd (XKLS:7169) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Gemilang 1, Taman Perindustrian Maju Jaya, Johor Bahru, JHR, MYS, 81300
Dominant Enterprise Bhd is a Malaysia-based company engaged in the business of manufacturing and distribution of engineered wood moldings, investment holding, providing management services, laminated wood panels, and other wood accessories. The company is organized into two business segments: The manufacturing segment comprises of production of laminated wood panel products and primed density fiberboard moldings, wrapped moldings, and furniture components; and the Distribution segment comprises of distribution of wood products and building materials which also contributes as a main part of revenue. It operates mainly in the Malaysian market, while it also has a presence in Australia, Asia, and other countries.

Dominant Enterprise Bhd (XKLS:7169) Headlines

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