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Able Global Bhd (XKLS:7167) 3-Year Dividend Growth Rate : -1.80% (As of Dec. 2023)


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What is Able Global Bhd 3-Year Dividend Growth Rate?

Able Global Bhd's Dividends per Share for the three months ended in Dec. 2023 was RM0.02.

The historical rank and industry rank for Able Global Bhd's 3-Year Dividend Growth Rate or its related term are showing as below:

XKLS:7167' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -45   Med: 4   Max: 67.1
Current: -1.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Able Global Bhd was 67.10% per year. The lowest was -45.00% per year. And the median was 4.00% per year.

XKLS:7167's 3-Year Dividend Growth Rate is ranked worse than
72.82% of 666 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs XKLS:7167: -1.80

During the past 12 months, Able Global Bhd's average Dividends Per Share Growth Rate was 22.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 17.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Able Global Bhd's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.34. As of today, Able Global Bhd's Dividend Yield % is 3.14%.

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


Competitive Comparison of Able Global Bhd's 3-Year Dividend Growth Rate

For the Packaged Foods subindustry, Able Global Bhd's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Able Global Bhd's 3-Year Dividend Growth Rate Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Able Global Bhd's 3-Year Dividend Growth Rate falls into.



Able Global Bhd 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Able Global Bhd  (XKLS:7167) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Able Global Bhd's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.02/ 0.059
=0.34

During the past 13 years, the highest Dividend Payout Ratio of Able Global Bhd was 0.44. The lowest was 0.11. And the median was 0.33.

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

Able Global Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.0200002024-03-132024-03-142024-03-29Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.0200002023-12-132023-12-142023-12-29Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.0150002023-09-142023-09-152023-09-29Cash DividendquarterlyMYR:MYR 1.000000
MYR 0.0100002023-06-192023-06-202023-06-30Cash 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.

Able Global Bhd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.065/2.07
=3.14 %

Current Share Price is RM2.07.
Able Global Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.065.

During the past 13 years, the highest Dividend Yield of Able Global Bhd was 6.36%. The lowest was 0.87%. And the median was 3.19%.

* 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.


Able Global Bhd 3-Year Dividend Growth Rate Related Terms>


Able Global Bhd (XKLS:7167) Business Description

Traded in Other Exchanges
N/A
Address
PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300
Able Global Bhd formerly Johore Tin Bhd is principally engaged in the business of investment holding and the provision of management services. The group is organized into the three main reportable segments: Investment Holding; Tin Manufacturing; and Food and Beverage. Its Investment Holding is involved in the business of investment holding and provision of management services. Tin Manufacturing is involved in the manufacturing of various tins, cans, and other containers. Food and Beverage are involved in manufacturing and selling of milk and other related dairy products. It generates maximum revenue from Food and Beverage segment. Geographically, it derives majority revenue from Malaysia and also has a presence in Africa, Central America, Europe, Malaysia, and Other Countries.

Able Global Bhd (XKLS:7167) Headlines

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