Apollo Food Holdings Berhad

KUALA LUMPUR: ITMAX System Bhd, KJTS Group Bhd, EPB Group Bhd, Industronics Bhd, Apollo Food Holdings Bhd and Pharmaniaga Bhd are among the stocks to watch on Tuesday.

PETALING JAYA: Apollo Food Holdings Bhd (AFHB) remains cautious on its outlook for the rest of the financial year, as it expects adverse price fluctuations of raw materials to remain a key concern.

PETALING JAYA: Apollo Food Holdings Bhd (AFHB) remains cautious on its outlook for the rest of the financial year, as it expects adverse price fluctuations of raw materials to remain a key concern.

Top 10 Dividend Yield Companies without disposals/one off special dividends this Year!

Dividend yield is a crucial factor for many investors, providing a steady stream of passive income. Here, we present the 10 highest dividend yield stocks. To better reflect these companies' abilities to deliver consistent dividend payouts, we have manually* excluded one-off and special dividends, which could arise from asset disposals or corporate actions. Also, please remember that DY is a lagging indicator and thus may not represent a company’s future performance!

Do you invest with a focus on dividend yields? Which stocks would you choose for growing and sustainable dividends?

Let us know in the comment section below!

*We do not guarantee the information is absolutely accurate and errors may arise due to human mistakes

$MARCO / 3514 (MARCO HOLDINGS BERHAD) $UOADEV / 5200 (UOA DEVELOPMENT BHD) $APOLLO / 6432 (APOLLO FOOD HOLDINGS BERHAD) $RCECAP / 9296 (RCE CAPITAL BERHAD) $AMWAY / 6351 (AMWAY (MALAYSIA) HOLDINGS BERHAD)

$APOLLO / 6432 (APOLLO FOOD HOLDINGS BERHAD)

KUALA LUMPUR: Sunview Group Bhd, Solarvest Holdings Bhd, TH Plantations Bhd, Tex Cycle Technology (M) Bhd, Careplus Group Bhd, Taliworks Corp Bhd, Apollo Food Holdings Bhd and Sapura Energy Bhd are among the stocks to watch on Friday.

KUALA LUMPUR: Apollo Food Holdings Bhd is studying initiatives to increase efficiency and leverage its strong brand to develop new export markets and customer segments, according to managing director Cheah Jia Ming.

KUALA LUMPUR: Apollo Food Holdings Bhd’s net profit soared by 70 per cent to RM53.8 million in the financial year ended April 30 2024 (FY2024) from RM31.65 million registered a year ago.

© New Straits Times Press (M) Bhd

Quarterly rpt on consolidated results for the financial period ended 30/04/2024

$APOLLO / 6432 (APOLLO FOOD HOLDINGS BERHAD)

PUBLIC SHAREHOLDINGS SPREAD

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - SCOOP CAPITAL SDN BHD

Changes in Director's Interest (Section 219 of CA 2016) - DATO' CHEAH SEE YEONG

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATIN SOON GOCK LAN @ SOON GEOK LIN

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' CHEAH SEE YEONG

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period

Stocks Surpassing 5.25% Dividends in 2023

In December 2023, PNB announced a total income distribution of 5.25 cents per unit, comprising an income distribution of 4.25 cents per unit and a bonus of 1.00 cents per unit. This distribution, amounting to RM9.3 billion, benefited 10.8 million ASB unit holders.

For investors seeking returns higher than 5.25% per year, exploring investment opportunities in the stock exchange may be an interesting choice. However, it is important to note the risks that one faces. Here are some Bursa Malaysia stocks that offered dividend returns higher than 5.25% in 2023.

To accurately determine the dividends for 2023, the total amount of dividends for the year will be calculated and compared with the stock prices in January 2023. The prices mentioned in this analysis have been adjusted to reflect the dividends distributed.

1. $BAUTO / 5248 (BERMAZ AUTO BERHAD)
• Distributing Mazda, Peugeot and Kia brand vehicles.
• Market cap: RM2.75B
• Dividend: 22 sen per unit
• Share price on 3 January 2023: RM1.86
• Share price on 29 December 2023: RM2.32
• Dividend rate for 2023 (for investors who bought at RM1.86): 11.83%
• Current price (as of April 22, 2024): RM2.35

2. $AMWAY / 6351 (AMWAY (MALAYSIA) HOLDINGS BERHAD)
• Sells personal health products, energy drinks, beauty products, personal care products, child care products, home use products and home hygiene care.
• Market Cap: RM1.2B
• Dividend: 38 cents per unit
• Share price on 3 January 2023: RM4.40
• Share price on 29 December 2023: RM5.54
• Dividend rate for 2023 (for investors who bought at RM4.40): 8.64%
• Current price (as of April 22, 2024): RM7.30

3. $APOLLO / 6432 (APOLLO FOOD HOLDINGS BERHAD)
• Produces well known snacks among Malaysian and also exported products to foreign countries.
• Dividend: 25 sen per unit
• Share price on 3 January 2023: RM3.37
• Share price on 29 December 2023: RM5.38
• Dividend rate for 2023 (for investors who bought at RM3.37): 7.42%
• Current price (as of April 22, 2024): RM6.60

Source: https://cutt.ly/zequB3Ef

Change of Company Secretary - YONG MAY LI

Change in Remuneration Committee - DATO' SRI MUTHANNA BIN ABDULLAH

Change in Boardroom - DATO' SRI MUTHANNA BIN ABDULLAH

Change in Boardroom - ENCIK HALID BIN HASBULLAH

Change in Audit Committee - ENCIK HALID BIN HASBULLAH

Change in Audit Committee - DATO' SRI MUTHANNA BIN ABDULLAH

Change in Nomination Committee - ENCIK HALID BIN HASBULLAH

Change in Remuneration Committee - ENCIK HALID BIN HASBULLAH

Change in Nomination Committee - DATO' SRI MUTHANNA BIN ABDULLAH

KUALA LUMPUR: Apollo Food Holdings Bhd has yet to formulate a rectification plan to address the shortfall in its public shareholding spread.

PUBLIC SHAREHOLDINGS SPREAD

$APOLLO / 6432 (APOLLO FOOD HOLDINGS BERHAD)