Alliance Bank Malaysia Berhad provides banking and related financial services in Malaysia. The company operates through Consumer Banking, Business Banking, Financial Markets, Stockbroking and Corporate Advisory, and Others segments. It accepts savings, current, fixed deposit, foreign currency, and business accounts. The company also offers personal and mortgage loans, and share and portfolio financing services; business loans, such as equipment, working capital, business premises, bridging, and palm oil plantation financing, as well as SME express loans; and trade financing services. In addition, it offers credit and debit cards; unit trust, dual currency, and structured investment products, as well as retail bonds; share trading services; life, general, commercial, and family takaful insurance products; and home safe, safe deposit box, withdrawal indemnity, debit and credit card indemnity, savings account indemnity, travel, commercial. Further, the company provides corporate advisory services, such as initial public offering, equity and debt fund raising, mergers, takeovers and acquisitions, corporate rationalization and restructuring, independent advice, transfer of listing, and other services; commercial papers and medium-term notes; and equity syndication services. Additionally, it offers Islamic banking; term loans, hire purchase facilities, and wealth management services; cash management services; treasury and structured solutions; foreign exchange, money market, and hedging and investment solutions; and online and phone banking, and e-payment services. Bank Malaysia Berhad was incorporated in 1982 and is headquartered in Kuala Lumpur, Malaysia.
Alliance Bank Malaysia Berhad Dividend Announcement
• Alliance Bank Malaysia Berhad announced a semi annually dividend of RM0.11 per ordinary share which will be made payable on 2024-06-28. Ex dividend date: 2024-06-14
• Alliance Bank Malaysia Berhad annual dividend for 2024 was RM0.11
• Alliance Bank Malaysia Berhad annual dividend for 2023 was RM0.21
• Alliance Bank Malaysia Berhad's trailing twelve-month (TTM) dividend yield is 4.44%
• Alliance Bank Malaysia Berhad's payout ratio for the trailing twelve months (TTM) is 48.18%
Alliance Bank Malaysia Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | RM0.11 | semi annually | 2024-06-28 |
2023-12-14 | RM0.11 | semi annually | 2023-12-28 |
2023-06-15 | RM0.10 | semi annually | 2023-06-28 |
2022-12-14 | RM0.12 | semi annually | 2022-12-28 |
2022-06-16 | RM0.10 | semi annually | 2022-06-30 |
2021-12-14 | RM0.08 | semi annually | 2021-12-30 |
2021-06-16 | RM0.06 | semi annually | 2021-06-30 |
2019-12-12 | RM0.06 | semi annually | 2019-12-30 |
2019-06-17 | RM0.08 | semi annually | 2019-06-27 |
2018-12-14 | RM0.09 | semi annually | 2018-12-28 |
2018-06-18 | RM0.07 | semi annually | 2018-06-28 |
2017-12-15 | RM0.09 | semi annually | 2017-12-28 |
2017-06-14 | RM0.07 | semi annually | 2017-06-22 |
2016-12-14 | RM0.09 | semi annually | |
2016-06-13 | RM0.07 | semi annually | |
2015-12-11 | RM0.08 | semi annually | |
2015-06-11 | RM0.06 | semi annually | |
2014-12-11 | RM0.09 | semi annually | |
2014-06-09 | RM0.10 | semi annually | |
2013-12-17 | RM0.12 | semi annually | |
2013-07-25 | RM0.07 | semi annually | |
2013-02-18 | RM0.10 | semi annually | |
2012-08-07 | RM0.07 | semi annually | |
2012-02-13 | RM0.08 | semi annually |
Alliance Bank Malaysia Berhad Dividend per year
Alliance Bank Malaysia Berhad Dividend growth
Alliance Bank Malaysia Berhad Dividend Yield
Alliance Bank Malaysia Berhad current trailing twelve-month (TTM) dividend yield is 4.44%. Interested in purchasing Alliance Bank Malaysia Berhad stock? Use our calculator to estimate your expected dividend yield:
Alliance Bank Malaysia Berhad Financial Ratios
Alliance Bank Malaysia Berhad Dividend FAQ
Other factors to consider when evaluating Alliance Bank Malaysia Berhad as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Alliance Bank Malaysia Berhad's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alliance Bank Malaysia Berhad publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alliance Bank Malaysia Berhad distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alliance Bank Malaysia Berhad are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alliance Bank Malaysia Berhad sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alliance Bank Malaysia Berhad distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alliance Bank Malaysia Berhad declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alliance Bank Malaysia Berhad's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alliance Bank Malaysia Berhad's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.