Slp Resources Bhd stock dividend – SLP Resources Bhd Announces 0.01 Cash Dividend
June 12, 2023
🌥️Dividends Yield
On June 1 2023, SLP Resources Bhd announced a cash dividend of 0.01 MYR per share. This comes after three consecutive years of paying out an annual dividend per share of 0.06 MYR. SLP RESOURCES BHD ($KLSE:7248) has been consistently rewarding its shareholders with dividends, with its dividend yields for the years 2021 to 2023 amounting to 5.79%, 5.81%, and 5.91% respectively. This results in an average dividend yield of 5.84%.
For investors looking for high-dividend stocks, SLP RESOURCES BHD is an excellent pick. Its ex-dividend date is June 12 2023, and it is expected to continue to provide consistent returns for its shareholders in the future.
Stock Price
Following the announcement, the stock opened at RM0.9 and closed at the same price, showing an increase of 0.6% from the prior closing price. This move is seen as a positive sign by investors, as it indicates that the company is performing well in the current market environment. The cash dividend is an important component of SLP Resources Bhd’s dividend policy, and it is expected to further bolster the company’s financial performance.
Investors have also been paying close attention to the stock, as it has been showing positive momentum in recent weeks. With the addition of the cash dividend, investors are likely to remain bullish on SLP Resources Bhd’s stock in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Slp Resources Bhd. More…
| Total Revenues | Net Income | Net Margin |
| 180.49 | 19.09 | 10.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Slp Resources Bhd. More…
| Operations | Investing | Financing |
| 13.63 | 6.72 | -17.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Slp Resources Bhd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 221.93 | 30.21 | 0.58 |
Key Ratios Snapshot
Some of the financial key ratios for Slp Resources Bhd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.6% | -1.4% | 12.4% |
| FCF Margin | ROE | ROA |
| 7.1% | 7.3% | 6.3% |
Analysis – Slp Resources Bhd Stock Intrinsic Value
At GoodWhale, we have carried out an assessment of the fundamentals of SLP RESOURCES BHD. Our proprietary Valuation Line has determined that the fair value of a SLP RESOURCES BHD share is around RM1.0. However, the current price of SLP RESOURCES BHD stock is RM0.9, which is a fair price that is undervalued by 9.9%. We believe that this presents an attractive opportunity for investors. More…
Peers
These companies are all vying for a share of the market and trying to out-perform each other in terms of product quality, pricing, and customer service. As a result, the competition between all these companies has become increasingly fierce in recent years.
– Thong Guan Industries Bhd ($KLSE:7034)
Thong Guan Industries Bhd is a Malaysia-based company that manufactures and distributes plastic packaging solutions. As of 2023, the company has a market capitalization of 861.47M. With a Return on Equity (ROE) of 9.4%, Thong Guan Industries Bhd has achieved a balance between profitability and growth. The company provides quality and innovative products to customers in the food, industrial, and consumer goods industries. It has a presence in Australia, Singapore, Thailand, Indonesia and Malaysia, and exports to over 50 countries worldwide.
– PT Berlina Tbk ($IDX:BRNA)
PT Berlina Tbk is a publicly traded Indonesian company engaged in the production and distribution of chemical products. The company’s market capitalization stands at an impressive 925.26 billion as of 2023, reflecting its strong presence in the industry. Additionally, it has a Return on Equity of -7.8%, indicating that its management is able to generate profits from its investments and using them efficiently. The company has a wide range of products including fertilizers, insecticides, and herbicides, as well as a variety of specialty chemicals. The company’s success is largely due to its commitment to high-quality standards and its ability to meet customer needs.
– Ralco Corp Bhd ($KLSE:7498)
Ralco Corp Bhd is a Malaysian company that specializes in the engineering industry, providing solutions in electrical engineering, mechanical engineering, power plant equipment, and robotic automation systems. As of 2023, the company has a market cap of 44.7M and a Return on Equity (ROE) of 0.76%. This market capitalization indicates that the company is relatively small compared to its competitors, however its ROE indicates that the company is making good use of its assets to generate profits.
Summary
SLP RESOURCES BHD has been a good option for investors, with an average dividend yield of 5.84% over the last three years from 2021 to 2023. The company has been offering an annual dividend per share of 0.06 MYR, with dividend yields of 5.79%, 5.81%, and 5.91% in respective years. This combination of consistent dividend yield, along with a relatively low share price makes SLP RESOURCES BHD an attractive investment option for those looking for a steady return on their investment.
