Ijm Corp dividend calculator – IJM Corp Bhd Announces 0.04 Cash Dividend

🌥️Dividends Yield

On June 1 2023, IJM Corp Bhd announced that it will be distributing a cash dividend of 0.04 MYR per share. This news follows three consecutive years of dividend payouts to shareholders, with total dividends per share amounting to 0.06 MYR, 0.06 MYR, and 0.03 MYR in 2021, 2022, and 2023 respectively. The dividend yields for 2021 to 2023 are estimated to be 3.55%, 3.75%, and 1.93% respectively, with an average dividend yield of 3.08%. This indicates an above-average dividend yield for the company when compared to other stocks in its sector.

If you are seeking out dividend stocks, IJM CORP ($KLSE:3336) is certainly worth considering, with an ex-dividend date of June 28 2023. With its recent dividend payout history and competitive dividend yield, investors may find the stock attractive for their portfolios.

Stock Price

The stock opened at RM1.6 and closed at RM1.6, indicating strong investor sentiment for the company. The dividend payout is expected to take place in the first quarter of 2021. Despite the unstable economic climate due to the coronavirus pandemic, IJM CORP Bhd’s strong financial performance this year has allowed it to invest in its future and reward its shareholders with this dividend payout. The company has been focused on diversifying its portfolio of investments and expanding its operations to ensure a steady growth in revenue.

The decision to pay this dividend is a sign of the company’s commitment to rewarding its shareholders and its confidence in its future prospects. This news has been well received by investors, which is reflected in the stock’s steady performance throughout the day on Thursday. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ijm Corp. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ijm Corp. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ijm Corp. More…

Key Ratios Snapshot

Some of the financial key ratios for Ijm Corp are shown below. More…

Analysis

GoodWhale has conducted an analysis of IJM Corp’s well-being. According to our Star Chart, IJM CORP is classified as a ‘cow’, a type of company which has the track record of paying out consistent and sustainable dividends. This makes IJM CORP an attractive option for investors looking to receive steady dividend payments over a long period of time. Furthermore, our analysis has indicated that IJM CORP is strong in asset, medium in dividend, profitability and weak in growth. However, it has a high health score of 8/10 considering its cashflows and debt, which means that the company is capable to sustain future operations in times of crisis. Overall, we conclude that IJM CORP is an attractive investment option for investors who are looking for steady dividend payments over a long period of time. The company’s robust financial position makes it a safe bet for investors looking for reliable dividend income. More…

Peers

It is among the top players in the sector, competing with global players such as Sekisui Chemical Co Ltd, Pansar Bhd, and PT Bakrie & Brothers Tbk. IJM Corp Bhd’s experience and expertise in the construction industry gives it a competitive edge over its rivals.

– Sekisui Chemical Co Ltd ($TSE:4204)

Sekisui Chemical Co Ltd is a Japanese chemical manufacturer that specializes in a variety of products and services. As of 2023, the company has a market capitalization of 863.66 billion, making it one of the largest companies in Japan. The company also boasts a Return on Equity of 9.53%, indicating the company’s solid foundation in creating value for shareholders. Sekisui Chemical Co Ltd’s diversified products range from building materials to automotive parts and healthcare equipment, helping to drive the growth of the economy in Japan and abroad.

– Pansar Bhd ($KLSE:8419)

Pansar Berhad is a public-listed company in Malaysia that operates a diversified business portfolio, ranging from industrial supply to property management. The company has a market capitalization of 265.4 million as of 2023, making it an attractive investment option for potential investors. Furthermore, the Return on Equity (ROE) of 3.43% suggests that the company is performing well in terms of generating profits and optimising its investments. Pansar Berhad has also been able to maintain a stable share price over the years, which demonstrates the confidence of investors in the company’s growth prospects.

– PT Bakrie & Brothers Tbk ($IDX:BNBR)

Bakrie & Brothers Tbk is an Indonesian conglomerate that operates across a wide range of industries, from mining and energy to telecommunications and infrastructure. The company has a market capitalization of 1.33 trillion US dollars as of 2023, making it one of the largest companies in Indonesia. Its Return on Equity is 20.45%, which indicates that the company is efficiently using its invested capital to generate returns for shareholders. Bakrie & Brothers Tbk has been a key player in the Indonesian economy for over 75 years, and its market cap and ROE figures reflect its stability and success.

Summary

Investing in IJM CORP provides a relatively consistent dividend yield, averaging 3.08% over the past three years. The 2021 dividend yield stands at 3.55%, with 0.06 MYR per share paid in dividends, while the 2022 and 2023 yields are 3.75% and 1.93%, respectively, also with 0.06 and 0.03 MYR per share in dividends. With a stable dividend yield, IJM CORP is an attractive investment option for those looking for a reliable income stream.