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.
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.
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 Yield % Historical Data
The historical data trend for Paramount 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 Paramount Bhd's Dividend Yield %
For the Real Estate - Development subindustry, Paramount 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.
Paramount Bhd's Dividend Yield % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Paramount Bhd's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Paramount Bhd's Dividend Yield % falls into.
Paramount Bhd Dividend Yield % Calculation
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 0.040000
2024-03-12
2024-03-13
2024-03-27
Cash Dividend
semi-annually
MYR:MYR 1.000000
MYR 0.030000
2023-09-08
2023-09-11
2023-09-21
Cash Dividend
semi-annually
MYR:MYR 1.000000
MYR 0.035000
2023-06-27
2023-06-28
2023-07-12
Cash Dividend
semi-annually
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.
Paramount Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.105
/
1.14
=
9.21 %
Current Share Price is RM1.14. Paramount Bhd's Dividends per Share for the trailing twelve months (TTM) ended in Today is RM0.105.
Paramount Bhd's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.08
/
1.14
=
7.02 %
Current Share Price is RM1.14. Paramount Bhd's Dividends per Share for the forward twelve months is calculated as RM0.04 * 2 = 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.
Paramount Bhd (XKLS:1724) 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 Paramount Bhd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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