Able Global Bhd (XKLS:7167) Dividend Payout Ratio : 0.34 (As of Dec. 2023)

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What is Able Global Bhd Dividend Payout Ratio?

Able Global Bhd's dividend payout ratio for the months ended in Dec. 2023 was 0.34.

The historical rank and industry rank for Able Global Bhd's Dividend Payout Ratio or its related term are showing as below:

XKLS:7167' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.33 Max: 0.44
Current: 0.33

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.

XKLS:7167's Dividend Payout Ratio is ranked better than
60.41% of 932 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs XKLS:7167: 0.33

As of today (2024-05-25), the Dividend Yield % of Able Global Bhd is 3.04%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Able Global Bhd Dividend Payout Ratio Historical Data

The historical data trend for Able Global Bhd's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Able Global Bhd Dividend Payout Ratio Chart

Able Global Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.44

0.42

0.36

0.42

0.32

Able Global Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.37	0.44	0.29	0.28	0.34

Competitive Comparison of Able Global Bhd's Dividend Payout Ratio

For the Packaged Foods subindustry, Able Global Bhd's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Able Global Bhd's Dividend Payout Ratio falls into.

Able Global Bhd Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.055	/	0.17
	=	0.32

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

Able Global Bhd (XKLS:7167) Dividend Payout Ratio Explanation

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.

Able Global Bhd Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Able Global Bhd's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Able Global Bhd (XKLS:7167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Able Global Bhd (XKLS:7167) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300

Website

https://www.ableglobalbhd.com.my

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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