GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » 3-Year Dividend Growth Rate

Paramount Bhd (XKLS:1724) 3-Year Dividend Growth Rate : 13.00% (As of Mar. 2024)


View and export this data going back to 1971. Start your Free Trial

What is Paramount Bhd 3-Year Dividend Growth Rate?

Paramount Bhd's Dividends per Share for the three months ended in Mar. 2024 was RM0.04.

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

XKLS:1724' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -25.7   Med: 3.8   Max: 23.5
Current: 13

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Paramount Bhd was 23.50% per year. The lowest was -25.70% per year. And the median was 3.80% per year.

XKLS:1724's 3-Year Dividend Growth Rate is ranked better than
65.88% of 548 companies
in the Real Estate industry
Industry Median: 5.5 vs XKLS:1724: 13.00

During the past 12 months, Paramount Bhd's average Dividends Per Share Growth Rate was 90.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 13.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.40% 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.

Paramount Bhd's Dividend Payout Ratio for the three months ended in Mar. 2024 was 3.33. As of today, Paramount Bhd's Dividend Yield % is 6.03%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Paramount Corp Bhd is 0.84, which seems too high.

Warning Sign:

Paramount Corp Bhd stock dividend yield is close to 1-year low.

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


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

For the Real Estate - Development subindustry, Paramount 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.


Paramount Bhd's 3-Year Dividend Growth Rate Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Paramount 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.


Paramount Bhd  (XKLS:1724) 3-Year Dividend Growth Rate Explanation

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

Paramount Bhd's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.04/ 0.012
=3.33

During the past 13 years, the highest Dividend Payout Ratio of Paramount Bhd was 1.88. The lowest was 0.28. And the median was 0.52.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Paramount Corp Bhd is 0.84, which seems too high.

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

Paramount Bhd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MYR 0.0400002024-03-122024-03-132024-03-27Cash Dividendsemi-annuallyMYR:MYR 1.000000
MYR 0.0300002023-09-082023-09-112023-09-21Cash Dividendsemi-annuallyMYR:MYR 1.000000
MYR 0.0350002023-06-272023-06-282023-07-12Cash Dividendsemi-annuallyMYR: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.

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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.105/1.16
=9.05 %

Current Share Price is RM1.16.
Paramount Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.105.

During the past 13 years, the highest Dividend Yield of Paramount Bhd was 9.91%. The lowest was 2.06%. And the median was 4.90%.

Warning Sign:

Paramount Corp Bhd stock dividend yield is close to 1-year low.

* 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.


Paramount Bhd 3-Year Dividend Growth Rate Related Terms>


Paramount Bhd (XKLS:1724) Business Description

Traded in Other Exchanges
N/A
Address
1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400
Paramount Corp Bhd is an investment holding company. The group has three reportable operating segments - Property, Coworking, and Investment and Others. The Property segment which generates maximum revenue is engaged in the development and construction of residential and commercial properties and property investment. The Coworking segment includes the operation of coworking spaces and incubator-related services. Investment and Others segment is involved in the investment holding and provision of group-level corporate services and property investment of campus building.

Paramount Bhd (XKLS:1724) Headlines

No Headlines