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Shin Yang Group Bhd (XKLS:5173) Forward Dividend Yield % : 4.03% (As of Jun. 06, 2024)


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What is Shin Yang Group Bhd Forward Dividend Yield %?

As of today (2024-06-06), the Forward Annual Dividend Yield of Shin Yang Group Bhd is 4.03%.

As of today (2024-06-06), the Trailing Annual Dividend Yield of Shin Yang Group Bhd is 4.03%.

XKLS:5173's Forward Dividend Yield % is ranked better than
65.01% of 623 companies
in the Transportation industry
Industry Median: 3.14 vs XKLS:5173: 4.03

Shin Yang Group Bhd's Dividends per Share for the three months ended in Mar. 2024 was RM0.00.

During the past 12 months, Shin Yang Group Bhd's average Dividends Per Share Growth Rate was 130.80% 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 Shin Yang Group Bhd's Forward Dividend Yield %

For the Marine Shipping subindustry, Shin Yang Group 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.


Shin Yang Group Bhd's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shin Yang Group Bhd's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Shin Yang Group Bhd's Forward Dividend Yield % falls into.



Shin Yang Group Bhd Forward Dividend Yield % Calculation

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

Shin Yang Group Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.0300002023-11-302023-12-012023-12-15Cash DividendannuallyMYR: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.

Shin Yang Group Bhd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03/0.745
=4.03 %

Current Share Price is RM0.745.
Shin Yang Group Bhd's Dividends per Share for the forward twelve months is calculated as RM0.03 * 1 = RM0.03.

Shin Yang Group Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.03/0.745
=4.03 %

Current Share Price is RM0.745.
Shin Yang Group Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.03.

* 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.


Shin Yang Group Bhd  (XKLS:5173) 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.


Shin Yang Group Bhd Forward Dividend Yield % Related Terms

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Shin Yang Group Bhd (XKLS:5173) Business Description

Traded in Other Exchanges
N/A
Address
Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100
Shin Yang Group Bhd formerly Shin Yang Shipping Corp Bhd is a shipping company engaged in shipbuilding and shipping services. It has four business segments, shipping, ship repair and fabrication of metal structures segment, domestic and regional shipping segment which generates the majority of revenue, carries out shipping business in coastal and regional routes within Malaysia and the ASEAN region, International shipping segment, Land transportation and hiring services segment, Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance and trading in welding equipment and machinery, and others segment consist of the business of shipping agency. It operates in various countries like Malaysia, Singapore, Netherlands, Japan, Taiwan, and others.

Shin Yang Group Bhd (XKLS:5173) Headlines

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