Alliance Bank Malaysia Berhad (2488.KL) Dividend: History, Dates & Yield - 2024
Dividend History
Alliance Bank Malaysia Berhad announced a semi annually dividend of RM0.10 per ordinary share, payable on 2024-12-30, with an ex-dividend date of 2024-12-12. Alliance Bank Malaysia Berhad typically pays dividends two times a year, compared to RM0.21 in 2024.
Find details on Alliance Bank Malaysia Berhad's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | RM0.10 | semi annually | 2024-12-30 |
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 |
Dividend Increase
Alliance Bank Malaysia Berhad's dividend growth over the last five years (2020-2024) was 8.80% per year, while over the last ten years (2015-2024), it was -0.85% per year. In comparison, AMMB Berhad has seen an average growth rate of 27.76% over the past five years and RHB Bank Berhad's growth rate was 9.41%.
By comparing Alliance Bank Malaysia Berhad's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Alliance Bank Malaysia Berhad's current trailing twelve-month (TTM) dividend yield is 4.21%. Over the last 12 months, Alliance Bank Malaysia Berhad has maintained this yield, but how does it compare to similar stocks? For example, AMMB Berhad offers a yield of 4.92%, while RHB Bank Berhad provides a yield of 6.37%. Comparing similar stocks can help investors assess Alliance Bank Malaysia Berhad's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Alliance Bank Malaysia Berhad (2488.KL) | 4.21% | RM0.20950000000000002 | RM4.98 |
AMMB Berhad (1015.KL) | 4.92% | RM0.269 | RM5.47 |
RHB Bank Berhad (1066.KL) | 6.37% | RM0.4 | RM6.28 |
Dividend Yield Calculator
Interested in purchasing Alliance Bank Malaysia Berhad stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Alliance Bank Malaysia Berhad has a payout ratio of 0.48%. In comparison, AMMB Berhad has a payout ratio of 0.10%, while RHB Bank Berhad's payout ratio is 0.70%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Alliance Bank Malaysia Berhad
- Global presence Company operates in multiple countries worldwide, serving a diverse customer base
- Key Segments Primarily focused on manufacturing and distributing consumer goods, with a growing presence in technology
- Products/Services Offers a range of household products, electronics, and software solutions to consumers
- Financial stability Company has a strong track record of consistent revenue growth and profitability, with a solid balance sheet and healthy cash flow.
Frequently Asked Question
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.
Place an order: Use the brokerage's trading platform to place an order to buy Alliance Bank Malaysia Berhad stock.
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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.