As of today (2024-05-24), the Trailing Annual Dividend Yield of Able Global Bhd is 3.04%.
The historical rank and industry rank for Able Global Bhd's Dividend Yield % or its related term are showing as below:
XKLS:7167'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.87 Med: 3.19 Max: 6.36
Current: 3.04
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%.
XKLS:7167's Dividend Yield % is ranked better than 66.82% of 1100
companies
in the Consumer Packaged Goods industry
Industry Median: 2.27
vs XKLS:7167: 3.04
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 Yield % Historical Data
The historical data trend for Able Global Bhd's Dividend Yield % 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.
Competitive Comparison of Able Global Bhd's Dividend Yield %
For the Packaged Foods subindustry, Able Global Bhd's Dividend Yield %, along with its competitors' market caps and 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.
Able Global Bhd's Dividend Yield % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Able Global Bhd's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Able Global Bhd's Dividend Yield % falls into.
Able Global Bhd Dividend Yield % Calculation
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 0.020000
2024-03-13
2024-03-14
2024-03-29
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.020000
2023-12-13
2023-12-14
2023-12-29
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.015000
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
MYR:MYR 1.000000
MYR 0.010000
2023-06-19
2023-06-20
2023-06-30
Cash Dividend
quarterly
MYR: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Able Global Bhd's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.08
/
2.12
=
3.77 %
Current Share Price is RM2.12. Able Global Bhd's Dividends per Share for the forward twelve months is calculated as RM0.02 * 4 = RM0.08.
* 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 (XKLS:7167) 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.
Thank you for viewing the detailed overview of Able Global Bhd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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