Amway Malaysia dividend – Amway Malaysia Holdings Bhd Announces 0.05 Cash Dividend
June 3, 2023
🌥️Dividends Yield
On June 1, 2023, Amway Malaysia ($KLSE:6351) Holdings Bhd (AMWAY MALAYSIA) announced a 0.05 cash dividend for its shareholders. This announcement follows a series of consistent dividend payments in the past three years. For 2021 to 2023, AMWAY MALAYSIA has declared an annual dividend per share of 0.2 MYR, with respective dividend yields of 4.06%, 4.07%, and 3.76%. In average, the dividend yield of AMWAY MALAYSIA was 3.96%.
If you’re looking for a good dividend stock, AMWAY MALAYSIA might be worth considering, with an ex-dividend date of June 9, 2023. As dividends are one of the key indicators of a company’s financial health and stability, AMWAY MALAYSIA’s consistent dividend payments for the past three years suggests that they are a dependable stock choice. Investors should, however, take into consideration the wider economic situation before making any decisions to purchase or sell.
Stock Price
Consequently, stock of the company opened at RM5.3 and closed at the same price. The company’s financials have been performing well, evidenced by its strong profit margins and revenue growth over the past few years, making this a welcome announcement. The dividend is believed to be a reflection of the company’s commitment to rewarding loyal investors with periodic dividends in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amway Malaysia. More…
| Total Revenues | Net Income | Net Margin |
| 1.5k | 76.28 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amway Malaysia. More…
| Operations | Investing | Financing |
| -1.3 | 1.37 | -66.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amway Malaysia. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 554.49 | 318.95 | 1.54 |
Key Ratios Snapshot
Some of the financial key ratios for Amway Malaysia are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.2% | 18.4% | 6.9% |
| FCF Margin | ROE | ROA |
| -0.3% | 26.3% | 11.6% |
Analysis
GoodWhale has completed an analysis of AMWAY MALAYSIA‘s fundamentals and based on the Star Chart, we classify AMWAY MALAYSIA as a ‘gorilla’–a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This makes it an attractive potential investment for a variety of types of investors, as it presents a combination of strong asset, dividend, and profitability, with medium growth. Additionally, we conclude that AMWAY MALAYSIA has a high health score of 8/10, meaning its cashflows and debt are capable of paying off debt and funding future operations. More…
Peers
It is a subsidiary of Amway Corporation, one of the largest direct selling companies in the world. With strong competition from InNature Bhd, Kid Brands Inc, and FN Factory Outlet PCL, Amway Malaysia Holdings Bhd has continued to innovate and bring top products to their customers.
– InNature Bhd ($KLSE:5295)
InNature Berhad is a Malaysian-based company that specializes in the production of natural ingredients for the food and beverage industry. It has established itself as a key player in the sector, gaining recognition for its wide range of products and quality assurance standards. As of 2023, the company has a market capitalization of 423.53 million, reflecting its strong financial standing within the industry. Furthermore, it has achieved an impressive Return on Equity of 13.65%, showcasing its success in generating profits from its investments. This has enabled InNature Berhad to remain competitive in the marketplace and capitalize on the growing demand for its products.
– Kid Brands Inc ($OTCPK:KIDBQ)
Kid Brands Inc is a leading designer, developer, and marketer of infant and juvenile branded products. Their portfolio of brands includes Baby Gear, CoCaLo, and KidKraft. As of 2023, the company has a market cap of 24.36k and a Return on Equity (ROE) of 520.64%. This suggests that for every dollar invested in the company, it earns an impressive return of over five times the amount. This ROE is an indication that the company is managed efficiently and effectively, allowing it to generate higher returns for its shareholders.
– FN Factory Outlet PCL ($SET:FN)
PCL Factory Outlet is a leading retailer of discount home furnishings, apparel and other merchandise. The company has a market cap of 1.87 billion as of 2023, and its Return on Equity (ROE) is -3.86%. Market capitalization measures the company’s current market value, while ROE measures its profitability. Despite its current market cap, the company has been able to remain profitable. Its ability to cut costs and focus on customer satisfaction have helped the company maintain a successful business model.
Summary
Investing in AMWAY MALAYSIA can be rewarding for investors as the company has consistently declared an annual dividend per share of 0.2 MYR over the past three years. This has resulted in a dividend yield of 4.06%, 4.07%, and 3.76% in 2021, 2022, and 2023, respectively. The average dividend yield stands at 3.96%, which reflects a steady and reliable return on investment for shareholders. This, combined with the company’s strength and stability, makes AMWAY MALAYSIA an attractive investment option.
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