Paramount Bhd (XKLS:1724) Dividend Payout Ratio : 3.33 (As of Mar. 2024)

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What is Paramount Bhd Dividend Payout Ratio?

Paramount Bhd's dividend payout ratio for the months ended in Mar. 2024 was 3.33.

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.

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

XKLS:1724' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.52 Max: 1.88
Current: 0.84

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.

XKLS:1724's Dividend Payout Ratio is ranked worse than
76.96% of 703 companies
in the Real Estate industry
Industry Median: 0.43 vs XKLS:1724: 0.84

As of today (2024-06-01), the Dividend Yield % of Paramount Bhd is 6.14%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Paramount Bhd Dividend Payout Ratio Historical Data

The historical data trend for Paramount 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.

Paramount Bhd Dividend Payout Ratio Chart

Paramount Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.00

1.88

0.56

0.57

0.49

Paramount Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.92	1.00	-	3.33

Competitive Comparison of Paramount Bhd's Dividend Payout Ratio

For the Real Estate - Development subindustry, Paramount 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.

Paramount Bhd's Dividend Payout Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Paramount Bhd's Dividend Payout Ratio distribution charts can be found below:

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

Paramount Bhd Dividend Payout Ratio Calculation

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

Paramount 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 )
	=	0.065	/	0.133
	=	0.49

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

Paramount Bhd (XKLS:1724) 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.

Paramount Bhd Dividend Payout Ratio Related Terms

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

Paramount Bhd (XKLS:1724) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Paramount Corp Bhd (XKLS:1724) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

1, Jalan SS21/58, Level 8, Uptown 1, Damansara Uptown, Petaling Jaya, SGR, MYS, 47400

Website

https://www.pcb.my

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

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