Oriental Food Industries dividend yield calculator – Oriental Food Industries Holdings Bhd Announces 0.005 Cash Dividend

🌥️Dividends Yield

Oriental Food Industries ($KLSE:7107) Holdings Bhd is pleased to announce the declaration of a 0.005 cash dividend on June 1, 2023. This dividend marks the third consecutive year of dividend payments for ORIENTAL FOOD INDUSTRIES, with dividends of 0.04 MYR, 0.03 MYR, and 0.02 MYR being declared for the past three years. This translates to a dividend yield of 2.8%, making ORIENTAL FOOD INDUSTRIES an attractive option for investors seeking stocks with reasonably high dividend returns. The dividend yields from 2021 to 2023 stand at 3.33%, 2.74%, and 2.32% respectively.

The ex-dividend date for 2023 is June 7th. Those who purchase the stocks before this date will be eligible to receive the dividend.

Price History

On Thursday, ORIENTAL FOOD INDUSTRIES stock opened at RM1.0 and closed at RM1.1. This news has been welcomed by investors, as it shows that the company is in good financial health and is continuing to make profits. The dividend will be a boost for shareholders, as they will receive a return on their investments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Oriental Food Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Oriental Food Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Oriental Food Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Oriental Food Industries are shown below. More…

Analysis

GoodWhale is pleased to provide an analysis of ORIENTAL FOOD INDUSTRIES’s financials. According to our Star Chart, ORIENTAL FOOD INDUSTRIES has a high health score of 9/10, demonstrating that it is capable of safely riding out any crisis without the risk of bankruptcy. Additionally, ORIENTAL FOOD INDUSTRIES has been classified as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. ORIENTAL FOOD INDUSTRIES is strong in asset, dividend, and medium in growth, profitability. As such, investors who are interested in consistent dividend payments from companies with a high asset base may be interested in ORIENTAL FOOD INDUSTRIES. However, investors who are looking for companies with higher growth and profitability may want to look elsewhere. More…

Peers

It is one of the leading companies in the food industry, competing with other major companies such as Imuraya Group Co Ltd, Yeo Hiap Seng Ltd, and Rex Industry Bhd. All these companies specialize in producing and marketing various processed food products and snack items, thus creating a fiercely competitive market.

– Imuraya Group Co Ltd ($TSE:2209)

Imuraya Group Co., Ltd is a food and beverage company based in Japan. The company specializes in the production and sale of confectionery, dried food, dairy products, frozen food, and other food related products. As of 2023, Imuraya Group Co. Ltd has a market capitalization of 29.37 billion dollars. This value reflects the company’s financial success and its position as a major player in the food and beverage industry. Additionally, the company has an impressive return on equity of 10.23%, which shows that its operations are efficient and make the most of its available resources.

– Yeo Hiap Seng Ltd ($SGX:Y03)

Yeo Hiap Seng Ltd is a Singapore-based consumer goods company that produces and distributes food and beverage products and services. The company has a market capitalization of 415.99 million as of 2023, which reflects its total share value in the financial markets. It also has a Return on Equity of 0.31%, which is an indicator of its profitability relative to its shareholders’ equity. Yeo Hiap Seng Ltd has established itself as one of the leading consumer goods companies in Southeast Asia, with a wide range of product offerings including canned foods, drinks, sauces, and confectionery. The company also offers various services such as contract manufacturing and distribution.

– Rex Industry Bhd ($KLSE:9946)

Rex Industry Bhd is a Malaysian public listed company that specializes in the production of coconut and palm oil products. With a market capitalization of 102.21 million as of 2023, the company has seen a significant amount of growth in the past few years. Despite this growth, its Return on Equity (ROE) is still negative at -0.4%, which shows that the company is still struggling to turn a profit. The company is currently focused on cost reduction and efficiency optimization to improve its bottom line.

Summary

ORIENTAL FOOD INDUSTRIES has been a steady performer in dividend returns over the past three years, with an average of 2.8%. This makes it a good choice for investors looking for stable income. The stock has been on a consistent uptrend, with the share price appreciating in value over time. The company’s financial results have been strong, with an increasing EPS and strong cash flows.

The company continues to focus on cost reduction and enhancing operational efficiency. Overall, ORIENTAL FOOD INDUSTRIES is an attractive investment option, with the potential to deliver good returns in the long term.