Latest news with #shareholderReturns
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Activist Investor Elliott Wants Changes at Sumitomo Realty & Development
Elliott Investment Management and Elliott Advisors wants Sumitomo Realty & Development 8830 -0.04%decrease; red down pointing triangle to work with them on improving the shareholder returns. The activist investors, which hold a more than 3% stake in Sumitomo, said in a letter to the Tokyo real-estate company Monday that there is dissatisfaction among investors about its current course.
Yahoo
6 days ago
- Business
- Yahoo
ISA Holdings' (JSE:ISA) Shareholders Will Receive A Bigger Dividend Than Last Year
ISA Holdings Limited (JSE:ISA) will increase its dividend from last year's comparable payment on the 21st of July to ZAR0.167. This will take the dividend yield to an attractive 8.2%, providing a nice boost to shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A big dividend yield for a few years doesn't mean much if it can't be sustained. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. It will be difficult to sustain this level of payout so we wouldn't be confident about this continuing. Over the next year, EPS could expand by 2.1% if the company continues along the path it has been on recently. If the dividend continues on its recent course, the payout ratio in 12 months could be 104%, which is a bit high and could start applying pressure to the balance sheet. See our latest analysis for ISA Holdings Although the company has a long dividend history, it has been cut at least once in the last 10 years. The dividend has gone from an annual total of ZAR0.045 in 2015 to the most recent total annual payment of ZAR0.167. This works out to be a compound annual growth rate (CAGR) of approximately 14% a year over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Earnings per share has been crawling upwards at 2.1% per year. The earnings growth is anaemic, and the company is paying out 100% of its profit. This gives limited room for the company to raise the dividend in the future. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. The track record isn't great, and the payments are a bit high to be considered sustainable. Overall, we don't think this company has the makings of a good income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've identified 3 warning signs for ISA Holdings (1 doesn't sit too well with us!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-06-2025
- Business
- Yahoo
This Undervalued Energy Stock Boasts High Shareholder Returns
Chord Energy Corporation (NASDAQ:CHRD) is one of the 12 Best Natural Gas Stocks to Buy According to Analysts. A technician in a lab coat examining a sample of crude oil. Chord Energy Corporation (NASDAQ:CHRD) maintained shareholder returns at 100% of free cash flow for the second consecutive quarter in Q1 2025, repurchasing $216.5 million worth of its stock during the quarter. Since closing its Enerplus transaction last year, the company has reduced its share count by approximately 9% through the end of April 2025. Chord Energy Corporation (NASDAQ:CHRD) also declared a quarterly cash dividend of $1.3 per share in May, which equates to approximately $75 million. The energy stock currently boasts an impressive annual dividend yield of 6.3%. Following a significant uptick in global crude oil prices, the share price of Chord Energy Corporation (NASDAQ:CHRD) has increased by more than 16% over the last month. Chord Energy Corporation (NASDAQ:CHRD) is an independent oil and gas company engaged in the exploration, development, production, and acquisition of crude oil, NGLs, and natural gas. While we acknowledge the potential of CHRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Those who invested in RCE Capital Berhad (KLSE:RCECAP) five years ago are up 251%
It hasn't been the best quarter for RCE Capital Berhad (KLSE:RCECAP) shareholders, since the share price has fallen 11% in that time. But that scarcely detracts from the really solid long term returns generated by the company over five years. In fact, the share price is 140% higher today. We think it's more important to dwell on the long term returns than the short term returns. The more important question is whether the stock is too cheap or too expensive today. While the long term returns are impressive, we do have some sympathy for those who bought more recently, given the 15% drop, in the last year. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. RCE Capital Berhad's earnings per share are down 3.0% per year, despite strong share price performance over five years. So it's hard to argue that the earnings per share are the best metric to judge the company, as it may not be optimized for profits at this point. Therefore, it's worth taking a look at other metrics to try to understand the share price movements. In fact, the dividend has increased over time, which is a positive. Maybe dividend investors have helped support the share price. The revenue growth of about 3.5% per year might also encourage buyers. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). Take a more thorough look at RCE Capital Berhad's financial health with this free report on its balance sheet. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for RCE Capital Berhad the TSR over the last 5 years was 251%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! We regret to report that RCE Capital Berhad shareholders are down 11% for the year (even including dividends). Unfortunately, that's worse than the broader market decline of 7.2%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. On the bright side, long term shareholders have made money, with a gain of 29% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for RCE Capital Berhad that you should be aware of before investing here. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Malaysian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Japan Times
19-06-2025
- Business
- Japan Times
Japan firms exit Tokyo exchange at record pace in delisting rush
Japanese companies are leaving the Tokyo Stock Exchange at the fastest pace in over a decade, reflecting a surge in deals and management buyouts as they face more pressure to make better use of their capital. The number of firms that delisted their shares from the TSE or announced plans to do so has reached 59 in the first half, rising from 51 a year earlier and marking the most on record for a comparable period, according to exchange data going back to 2014. If firms continue to exit the TSE at this pace, the figure for 2025 will exceed last year's annual record of 94 companies. The trend reflects the Tokyo bourse's broad push to make the Japanese market more appealing for foreign investors by ensuring that listed companies offer high shareholder returns, while firms that aren't meeting their goals face the threat of being taken off the exchange. The TSE has called on companies to pursue goals including improving their valuations and cutting overly close ties with other companies in the form of cross-shareholdings. Those reforms made Japanese shares one of the world's best performers in recent years, while encouraging activist shareholders to demand even more changes from company managers. For investors, increased activism has boosted calls to raise returns with measures such as stock buybacks, while mergers and acquisitions have soared. "The decrease in the number of listed companies as a result of the activation of the capital market is a welcome development,' said Hiroshi Matsumoto, senior client portfolio manager at Pictet Japan. Japan is following in the footsteps of overseas markets like the U.S. and U.K., where more companies have gone private over the last 20 years on stricter rules to stay listed as well as growth in private market financing. The Tokyo exchange has emphasized since last year that its priority for listed firms is quality rather than a big numbers of companies. "The TSE's intentions are going as planned,' said Hajime Nakajima, managing director at Deloitte Tohmatsu Equity Advisory. Companies whose shares are considered cheap will increasingly become targets of M&A and management buyouts, and "more and more of them will exit the market,' he said. The number of listed companies on the Tokyo bourse fell to 3,842 last year, marking the first decrease since the merger of the TSE and the Osaka exchange in 2013, according to TSE data excluding figures from the Tokyo Pro Market. The number will likely fall further to 3,808 by the end of June, based on Bloomberg calculations of data including figures from the exchange. The TSE reorganized in 2022 its equity market into Prime — with the biggest firms, Standard, and Growth — listing the smallest companies. Since then, the TSE has urged listed companies to improve corporate governance and take steps to bolster their value. In addition, the transition period for companies that fail to meet listing standards expired at the end of March, and if they continue to fall short, they're scheduled to be delisted in October 2026 at the earliest. Many companies left the Tokyo exchange after getting bought out by other firms and investment funds. ID&E, a construction consulting firm, became a wholly owned subsidiary of non-life insurer Tokio Marine, who saw business opportunities in its new unit's disaster prevention and mitigation tactics. Guidelines that the Ministry of Economy, Trade and Industry released in 2023 suggesting best practices for corporate takeovers have helped fuel the M&A boom. In cases where both a company and its subsidiary were listed, a not uncommon arrangement in Japan's share market that's been criticized as leading to conflicts of interest, parent firms have bought out units to steer clear of governance concerns. The planned takeover by Japan's biggest telecom firm, Nippon Telegraph & Telephone, of its unit NTT Data Group is one example of that. As the costs of maintaining a public listing rise and activist shareholders push for more payouts and policy changes, takeovers of companies by management are climbing. I'rom Group, a company that supports clinical trials, teamed up with U.S. investment firm Blackstone to take its shares private, in one such instance. Tao Zhiyuan, a portfolio manager at AllianceBernstein Japan, said that Japan's chemical sector has "many interesting niche-top stocks,' but a lot of them are too small for global funds to invest in. If Japan as a whole "sees an increase in the number of large, strong companies through M&A, the number of investment targets from a foreign perspective will increase,' he said.
