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MyTech Group Bhd (XKLS:7692) Forward Dividend Yield % : 0.00% (As of Jun. 20, 2024)


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What is MyTech Group Bhd Forward Dividend Yield %?

As of today (2024-06-20), the Forward Annual Dividend Yield of MyTech Group Bhd is 0.00%.

As of today (2024-06-20), the Trailing Annual Dividend Yield of MyTech Group Bhd is 0.00%.

XKLS:7692's Forward Dividend Yield % is not ranked *
in the Industrial Products industry.
Industry Median: 1.93
* Ranked among companies with meaningful Forward Dividend Yield % only.

MyTech Group Bhd's Dividends per Share for the three months ended in Dec. 2023 was RM0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MyTech Group Bhd's Forward Dividend Yield %

For the Tools & Accessories subindustry, MyTech Group Bhd's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MyTech Group Bhd's Forward Dividend Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MyTech Group Bhd's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MyTech Group Bhd's Forward Dividend Yield % falls into.



MyTech Group Bhd Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


MyTech Group Bhd  (XKLS:7692) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MyTech Group Bhd Forward Dividend Yield % Related Terms

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MyTech Group Bhd (XKLS:7692) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Solaris, K-09-01, Block K, Solaris Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
MyTech Group Bhd formerly Widetech (Malaysia) Bhd is principally engaged as an investment holding company, provision of management services, and rental of properties. It has three operating segments: the Manufacturing of precision springs: Hotel operations; and Others which include investment holding, provision of management services, provision of financing services, and rental of properties. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Laos.

MyTech Group Bhd (XKLS:7692) Headlines

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