As of today (2025-04-06), the Trailing Annual Dividend Yield of Turbo-Mech Bhd is 2.00%.
Good Sign:
Turbo-Mech Bhd stock Dividend Yield % is close to 1-year high.
The historical rank and industry rank for Turbo-Mech Bhd's Dividend Yield % or its related term are showing as below:
XKLS:5167'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.68 Med: 2.67 Max: 6.58
Current: 2
During the past 13 years, the highest Dividend Yield of Turbo-Mech Bhd was 6.58%. The lowest was 0.68%. And the median was 2.67%.
XKLS:5167's Dividend Yield % is ranked worse than 72.38% of 105
companies
in the Industrial Distribution industry
Industry Median: 3.24
vs XKLS:5167: 2.00
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Turbo-Mech Bhd is 1.25, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Turbo-Mech Bhd was 1.28. The lowest was 0.17. And the median was 0.63.
During the past 12 months, Turbo-Mech Bhd's average Dividends Per Share Growth Rate was 100.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -14.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Turbo-Mech Bhd was 26.00% per year. The lowest was -41.50% per year. And the median was -20.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Turbo-Mech Bhd Dividend Yield % Historical Data
The historical data trend for Turbo-Mech Bhd's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Turbo-Mech Bhd's Dividend Yield %
For the Industrial Distribution subindustry, Turbo-Mech Bhd's Dividend Yield %, along with its competitors' market caps and 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.
Turbo-Mech Bhd's Dividend Yield % Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Turbo-Mech Bhd's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Turbo-Mech Bhd's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Turbo-Mech Bhd Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
MYR 0.010000
2024-06-13
2024-06-14
2024-06-24
Cash Dividend
annually
MYR:MYR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Turbo-Mech Bhd's Trailing Annual Dividend Yield (%) for Today is calculated as
Turbo-Mech Bhd's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.01
/
0.50
=
2.00 %
Current Share Price is RM0.50. Turbo-Mech Bhd's Dividends per Share for the forward twelve months is calculated as RM0.01 * 1 = RM0.01.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Turbo-Mech Bhd (XKLS:5167) 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.
Thank you for viewing the detailed overview of Turbo-Mech Bhd's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Turbo-Mech Bhd is an investment holding company. It is engaged in the sales of rotating equipment and spare parts and the provision of maintenance and overhaul services. The company sells spare parts for the oil, gas, and petrochemical industries. It offers centrifugal, metering, progressing cavity, cryogenic, firewater, & non-seal pumps and chemical injection skids, air compressors, cooling tower fan and air cool heat exchangers, and steam turbines. The company's geographical segments are Malaysia, Singapore, Indonesia, the Philippines, and Thailand.
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