Kossan Rubber Industries Bhd stock dividend yield is close to 3-year low.
The historical rank and industry rank for Kossan Rubber Industries Bhd's Dividend Yield % or its related term are showing as below:
XKLS:7153'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.32 Med: 1.62 Max: 35.82
Current: 0.87
During the past 13 years, the highest Dividend Yield of Kossan Rubber Industries Bhd was 35.82%. The lowest was 0.32%. And the median was 1.62%.
XKLS:7153's Dividend Yield % is ranked worse than 75.08% of 309
companies
in the Medical Devices & Instruments industry
Industry Median: 1.87
vs XKLS:7153: 0.87
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kossan Rubber Industries Bhd is 12.50, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Kossan Rubber Industries Bhd was 12.50. The lowest was 0.11. And the median was 0.37.
During the past 12 months, Kossan Rubber Industries Bhd's average Dividends Per Share Growth Rate was -79.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -17.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 24.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 18.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kossan Rubber Industries Bhd was 196.20% per year. The lowest was -17.80% per year. And the median was 17.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Kossan Rubber Industries Bhd Dividend Yield % Historical Data
* 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.
Kossan Rubber Industries Bhd Dividend Yield % Chart
Competitive Comparison of Kossan Rubber Industries Bhd's Dividend Yield %
For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries 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.
Kossan Rubber Industries Bhd's Dividend Yield % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Kossan Rubber Industries Bhd's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Kossan Rubber Industries Bhd's Dividend Yield % falls into.
Kossan Rubber Industries Bhd Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Kossan Rubber Industries 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
2024-04-08
Cash Dividend
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.
* 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.
Kossan Rubber Industries Bhd (XKLS:7153) 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.
Kossan Rubber Industries Bhd Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Kossan Rubber Industries Bhd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kossan Rubber Industries Bhd (XKLS:7153) Business Description
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.
Kossan Rubber Industries Bhd (XKLS:7153) Headlines
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