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 TOPGLOV 7113 TOP GLOVE CORPORATION BHD dividend forecast falls 33% in Bloomberg model

(Aug 8): The estimate for Top Glove Corp Bhd's dividend payments over the next year has fallen 33% to 7.6 sen per share, from the previous estimate of 11.4 sen per share, according to Bloomberg dividend forecasts.

The glove maker's last declared quarterly dividend was 1.2 sen. The previous yield forecast was 11.4%.

Forecasts show that the company's peers will pay an average 1.15% yield in the next 12 months.


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