Deleum – spending and still yielding

Ramanrao wants to develop new technologies in the O&G industry.

EVEN during bad times, you can trust Deleum Bhd to be one of the few Bursa Malaysia-listed oil and gas (O&G) companies to pay good dividends.

Over the last five years, it has consistently paid out at least 50% of its profits, giving the stock a healthy dividend yield. In fact, at its current dividend yield of 5.5%, Deleum stands out as the highest yielding oil and gas stock on Bursa.