Wilmar International dividend yield – Wilmar International Ltd Declares 0.11 Cash Dividend

Dividends Yield

Wilmar International ($SGX:F34) Ltd declared a cash dividend of 0.11 on April 1 2023. This dividend is slightly lower than the annual dividend per share of 0.12 USD for the last three years, resulting in a dividend yield of 3.77%. This dividend yield is slightly lower than the average yield of 3.77% for the past three years. If you are looking to invest in dividend stocks, Wilmar International Ltd could be an ideal choice to consider.

The ex-dividend date for this dividend is April 27 2023, so those looking to take advantage of the dividend need to purchase the stock before this date. Wilmar International Ltd has been paying out dividends since its inception and this announcement marks another step forward in its commitment to rewarding shareholders with dividends.

Market Price

The stock opened at SG$4.2 and closed at SG$4.3, up by 1.2% from its closing price of SG$4.2 the previous day. The announcement was received positively by investors, as evidenced by the rise in the company’s share price, as it signals the company’s confidence in its performance and outlook for the future. This is likely to further encourage investors, as well as increase the attractiveness of WILMAR INTERNATIONAL as an investment option. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Wilmar International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Wilmar International. More…

Balance Sheet Snapshot

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

Key Ratios Snapshot

Some of the financial key ratios for Wilmar International are shown below. More…

Analysis

At GoodWhale, we analyzed WILMAR INTERNATIONAL‘s financials and present our findings here. Our Star Chart shows that WILMAR INTERNATIONAL is particularly strong in dividend and growth, and medium in asset and profitability categories. In terms of health score, WILMAR INTERNATIONAL rates at 5/10, indicating it is likely to be able to safely ride out any crisis without the risk of bankruptcy. We classify WILMAR INTERNATIONAL as ‘cheetah’, a company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Thus, investors who are attracted to companies with high growth but are willing to take on higher risks may be interested in WILMAR INTERNATIONAL. More…

Peers

Wilmar International Ltd is one of the leading palm oil companies in the world. Its competitors are Indofood Agri Resources Ltd, Taisun Enterprise Co Ltd, and PT PP London Sumatra Indonesia Tbk.

– Indofood Agri Resources Ltd ($SGX:5JS)

Indofood Agri Resources Ltd is a leading agribusiness company in Indonesia. It is engaged in the cultivation of oil palm, rubber, and other crops; the manufacture of palm oil-based products, such as cooking oil, margarine, shortening, and biodiesel; and the trading of agricultural commodities. The company has a market cap of 411.79M as of 2022 and a Return on Equity of 16.08%.

– Taisun Enterprise Co Ltd ($TWSE:1218)

Taisun Enterprise Co Ltd is a publicly traded company with a market capitalization of $18.94 billion as of 2022. The company has a return on equity of 5.82%. Taisun is engaged in the business of manufacturing and selling steel products and related services. The company’s product portfolio includes hot-rolled coils, cold-rolled coils, galvanized coils, and pre-painted coils. Taisun also provides steel processing services, such as cut-to-length, slitting, and shearing.

– PT PP London Sumatra Indonesia Tbk ($IDX:LSIP)

London Sumatra Indonesia Tbk is one of the largest palm oil producers in the world with a market cap of 7.71T as of 2022. The company has a Return on Equity of 7.69%. The company produces palm oil and palm kernel oil.

Summary

Investment in Wilmar International could be a good choice for those looking for a reliable dividend yield. The company has consistently issued an annual dividend per share of 0.12 USD over the past three years, providing a yield of 3.77% each year. Wilmar International appears to have a stable outlook and is likely to remain a reliable dividend payer, making it a suitable long-term investment choice for investors seeking a steady income stream.