Table of Contents

company-logo

AFFIN Bank Berhad, a financial holding company, provides various banking services in Malaysia. The company operates through Commercial Banking, Investment Banking, Insurance, and Others segments. The Commercial Banking segment offers savings and fixed deposits, remittance services, current accounts, vehicle loans/financing, hire purchase, housing loans/financing, overdrafts/cashlines and personal loans/financing, credit cards, unit trusts, and bancassurance/bancatakaful products; financial products and services for corporates, public sector, and small and medium enterprises, including long-term loans/financing, project and equipment financing, overdrafts and trade financing, and other fee-based services, as well as Islamic banking services. The Investment Banking segment offers advisory services and structuring of private debt securities; corporate finance and advisory services for corporate listings; mergers and acquisitions services; capital raising services through the issue of equity and debt instruments; and corporate and debt restructuring exercises. This segment also provides structured lending solutions for corporate finance and capital market activities, as well as access to various funds and capital market investment products to corporate, institutional, and individual investors; stock-broking services, including institutional and retail stock-broking services for securities listed on local and foreign stock exchanges; and investment management and research services. The Insurance segment underwrites various classes of general and life insurance. The Others segment offers money-broking and other related financial services. It also provides property management, share nominee, and trustee services. AFFIN Bank Berhad was incorporated in 1975 and is headquartered in Kuala Lumpur, Malaysia.

AFFIN Bank Berhad Dividend Announcement

• AFFIN Bank Berhad announced a annually dividend of RM0.06 per ordinary share which will be made payable on . Ex dividend date: 2024-05-10
• AFFIN Bank Berhad annual dividend for 2024 was RM0.06
• AFFIN Bank Berhad annual dividend for 2023 was RM0.08
• AFFIN Bank Berhad's trailing twelve-month (TTM) dividend yield is 1.97%
• AFFIN Bank Berhad's payout ratio for the trailing twelve months (TTM) is 30.33%

AFFIN Bank Berhad Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-10RM0.06annually
2023-06-09RM0.08annually
2022-11-30RM0.05annually
2022-06-09RM0.12annually
2021-03-22RM0.04annually
2020-08-11RM0.07annually
2018-12-20RM0.05annually
2017-12-15RM0.03annually
2017-05-15RM0.04annually
2016-12-14RM0.03annually
2016-05-06RM0.05annually
2015-12-14RM0.03annually
2014-12-11RM0.15annually
2013-12-12RM0.14annually
2012-12-05RM0.14annually

AFFIN Bank Berhad Dividend per year

AFFIN Bank Berhad Dividend growth

AFFIN Bank Berhad Dividend Yield

AFFIN Bank Berhad current trailing twelve-month (TTM) dividend yield is 1.97%. Interested in purchasing AFFIN Bank Berhad stock? Use our calculator to estimate your expected dividend yield:

AFFIN Bank Berhad Financial Ratios

P/E ratio16.93
PEG ratio0.06
P/B ratio0.61
ROE3.67%
Payout ratio30.33%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

AFFIN Bank Berhad Dividend FAQ

Does AFFIN Bank Berhad stock pay dividends?
AFFIN Bank Berhad does not currently pay dividends to its shareholders.
Has AFFIN Bank Berhad ever paid a dividend?
No, AFFIN Bank Berhad has no a history of paying dividends to its shareholders. AFFIN Bank Berhad is not known for its dividend payments.
Why doesn't AFFIN Bank Berhad pay dividends?
There are several potential reasons why AFFIN Bank Berhad would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will AFFIN Bank Berhad ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While AFFIN Bank Berhad has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is AFFIN Bank Berhad a dividend aristocrat?
AFFIN Bank Berhad is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is AFFIN Bank Berhad a dividend king?
AFFIN Bank Berhad is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is AFFIN Bank Berhad a dividend stock?
No, AFFIN Bank Berhad is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy AFFIN Bank Berhad stocks?
To buy AFFIN Bank Berhad you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy AFFIN Bank Berhad stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.