Telekom Malaysia Bhd stock dividend – Telekom Malaysia Bhd Announces 0.075 Cash Dividend

Dividends Yield

Telekom Malaysia Bhd ($KLSE:4863) has announced it will issue a 0.075 cash dividend on March 1 2023. The company has been issuing annual dividends per share in the last 3 years, with 0.15, 0.14, and 0.17 MYR respectively. Its dividend yields in 2020, 2021, and 2022 were 2.73%, 2.36%, and 4.23%, with an average dividend yield of 3.11%. For those interested in dividend stocks, TELEKOM MALAYSIA BHD may be worth considering, with an ex-dividend date of March 15, 2023.

TELEKOM MALAYSIA BHD is a stable and reliable dividend paying stock and an attractive option for dividend investors. Investors should evaluate the stock to assess its potential as a long-term holding in their portfolio.

Stock Price

Following the announcement, TM’s stock opened at RM5.0 and closed at the same price, indicating a 1.4% decrease from the previous closing price of RM5.0. This news was met with a lukewarm response from the market, indicating investor’s lack of enthusiasm over the dividend announcement. Given the current economic climate, TM’s decision to distribute a dividend is a testament to its financial stability and strong fundamentals. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Telekom Malaysia Bhd. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Telekom Malaysia Bhd. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Telekom Malaysia Bhd. More…

Key Ratios Snapshot

Some of the financial key ratios for Telekom Malaysia Bhd are shown below. More…

Analysis

GoodWhale has conducted an analysis of TELEKOM MALAYSIA BHD’s wellbeing, and the results are quite positive. According to our Star Chart, TELEKOM MALAYSIA BHD has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is capable of both paying off debt and funding future operations. Moreover, its asset, dividend and profitability metrics are all very strong, but it is somewhat weak in terms of growth. Based on these results, we classify TELEKOM MALAYSIA BHD as a ‘rhino’, which is a type of company we have determined to have achieved moderate revenue or earnings growth. Given TELEKOM MALAYSIA BHD’s strong performance across the board, we believe that investors looking for consistent dividend payments and reliable returns on their investments may be particularly interested in this company. More…

Peers

Telekom Malaysia Bhd faces fierce competition from Telecom Egypt SAE, Tele Columbus AG, and Time Dotcom Bhd. These companies are all actively competing for market share in the telecommunications industry, vying to provide the best services and products to their customers. Consequently, Telekom Malaysia Bhd has to constantly innovate and improve its offerings to maintain its competitive advantage in the industry.

– Telecom Egypt SAE ($LSE:TEEG)

Telecom Egypt SAE is one of the leading telecommunications companies in Egypt. With a market cap of 1.27B, it has a strong presence in the Middle East, Africa and Asia. The company provides a wide range of communication and technology services, including mobile, fixed line, broadband and data services. The Return on Equity (ROE) for Telecom Egypt SAE stands at 16.11%, indicating that the company is generating a healthy return from its equity investments. This shows a positive outlook for the company’s financial performance, as a higher ROE suggests that the company is efficiently utilizing its resources to generate a higher return.

– Tele Columbus AG ($LTS:0R50)

Tele Columbus AG is a German cable and telecommunications provider offering services in cable television, Internet, and landline telephone services to consumer and business subscribers across Germany. The company has a market capitalization of 914.73M as of 2023, which places them among the top providers in their industry. Their return on equity (ROE) of -3.88% indicates that their current profitability is relatively low, despite their high market capitalization. This could be due to a number of factors, including competition in the market, increased cost pressures from suppliers, or an overall slowdown in the industry.

– Time Dotcom Bhd ($KLSE:5031)

Time Dotcom Bhd is a publicly listed telecommunications and digital services provider in Malaysia with businesses ranging from infrastructure, data networks, corporate services and cloud solutions. The company has a market capitalization of 9.98 billion as of 2023, reflecting its financial strength and potential for the future. Furthermore, its Return on Equity (ROE) of 11.03%, shows that the company is able to generate a high rate of return on the investments made by its shareholders. This indicates that the company is able to generate significant profits from its operations, which bodes well for its long-term prospects.

Summary

TELEKOM MALAYSIA BHD has proved to be a reliable dividend stock over the past three years, with consistent dividend payouts that have yielded an average of 3.11%. This makes it an attractive option for investors looking for steady returns. Furthermore, the company has consistently increased its dividends year-on-year, with a total payout of 0.15 MYR in 2020, 0.14 MYR in 2021, and 0.17 MYR in 2022. This is indicative of a strong financial position, making it an appealing investment opportunity.