Ytl Power International stock dividend – YTL Power International Bhd Announces 0.025 Cash Dividend

🌥️Dividends Yield

On June 2 2023, YTL ($KLSE:6742) Power International Bhd announced a 0.025 MYR cash dividend to shareholders. Over the last three years, the company has paid out 0.04 MYR, 0.04 MYR, and 0.02 MYR per share, resulting in a dividend yield of 6.04%, 6.06% and 2.84%, averaging 4.98%. The ex-dividend date is June 9 2023, so investors must own the stock on or before this date to be eligible for the dividend. YTL Power International Bhd has been a reliable stock to invest in for those looking for consistent dividends. With the recent announcement of its 0.025 MYR per share dividend, investors now have even more reason to consider buying into the company if they are looking for steady income from their investments.

Share Price

The stock opened at RM1.3, and closed at the same price, down 1.5% from the previous closing price. The company has cited the competitive market conditions as one of the reasons for the dividend payment. The company is focused on integrating modern technologies and renewable energy solutions into its operations, aiming to create sustainable value for its clients and shareholders. While the dividend may be seen as relatively small, it is still an important step towards rewarding shareholders and creating value for them. YTL Power International Bhd is committed to continuing to strive for excellence in the energy sector and to creating value for all its stakeholders. Live Quote…

About the Company

Income Snapshot

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

Cash Flow Snapshot

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

Balance Sheet Snapshot

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

Key Ratios Snapshot

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

Analysis

GoodWhale’s analysis of YTL POWER INTERNATIONAL BHD has put it at a low risk investment in terms of financial and business aspects. Our Risk Rating system has rated YTL POWER INTERNATIONAL BHD as a low risk investment, making it a good option for investors looking to diversify their portfolio. However, our analysis did detect two risk warnings within the income sheet and balance sheet. If you want to get more information on these warnings, register on GoodWhale.com to check it out. Our detailed analysis of YTL POWER INTERNATIONAL BHD should give you all the information you need to make an informed decision. More…

Peers

YTL Power International Bhd is facing stiff competition from a number of established companies in the energy sector such as ACEA SpA, Severn Trent PLC, and Otter Tail Corp. Despite the intense rivalry, YTL Power International Bhd have been able to remain competitive thanks to their innovative approach and commitment to providing superior customer service. All four companies are striving to gain market share and develop new technologies to further their goals.

– ACEA SpA ($LTS:0MHD)

ACEA SpA is a leading Italian energy and multi-service provider, offering a range of energy, engineering, and environmental services to customers across Europe. The company has a market capitalization of 2.94 billion as of 2023, reflecting its strong presence in the Italian energy sector. Additionally, ACEA SpA has an impressive Return on Equity of 15.09%, which illustrates the company’s ability to generate profits from its equity investments. This strong performance has enabled ACEA SpA to remain competitive in this sector and continue to experience growth in the years ahead.

– Severn Trent PLC ($LSE:SVT)

Severn Trent PLC is a diversified international utility and infrastructure company based in the United Kingdom. It primarily delivers essential services through its water business, serving eight million people in the Midlands and Wales. The company also operates in wastewater and sewage treatment, as well as in the supply of energy-from-waste and gas services. As of 2023, Severn Trent PLC has a market cap of 6.93B, reflecting its position as a dominant player in the water industry in the UK and beyond. The company’s Return on Equity (ROE) of 35.17% is also indicative of its strong financial performance and growth potential.

– Otter Tail Corp ($NASDAQ:OTTR)

Otter Tail Corporation is a diversified publicly held company that provides electric, manufacturing and plastics services to customers in the United States. Founded in 1907, the company now has a market capitalization of 3.24 billion dollars as of 2023. This market capitalization ranks the company as one of the largest companies in its sector. Further, Otter Tail Corporation boasts a Return on Equity of 19.15%, showing that the company is using its assets and resources effectively. This shows that the company has been able to provide a return to shareholders that exceeds its cost of capital.

Summary

YTL POWER INTERNATIONAL BHD is an attractive choice for dividend investors as it offers a strong average dividend yield of 4.98%, with annual payouts of 0.04 MYR, 0.04 MYR, and 0.02 MYR in the last three years. This stock is worthy of further analysis to determine if it is suitable for an investor’s portfolio due to its reliable dividend payments. Fundamental analysis should be conducted to ascertain the company’s financial standing and prospects for future growth.

Technical analysis can also be utilized to evaluate trends in the stock’s price and volume performance over time. Due diligence should be taken to determine if YTL POWER INTERNATIONAL BHD is a viable long-term investment.