AMMB Holdings Berhad, an investment holding company, provides various financial products and services to retail, corporate, and institutional clients in Malaysia. The company offers saving, current, fixed deposit, and foreign currency accounts; auto, personal, and home loans; and working capital, project, industrial hire purchase, asset acquisition, term, contract, and invoices and receivables financing services, as well as credit guarantee schemes. It also provides wealth management; priority banking; trade finance solutions; and remittance services, as well as credit and debit cards. In addition, the company offers corporate lending, offshore banking, and cash management solutions; treasury solutions comprising foreign exchange, rates, derivative, commodities, fixed income, and structured warrant products; investment banking solutions and services, including capital market, broking, private banking, corporate advisory, and equity and debt capital fund raising services; and asset and fund management services, as well as investment solutions. Further, it provides general insurance products, such as motor, personal accident, property, and household insurance; and life insurance and takaful products consisting of wealth protection/savings, health and medical protection, and family takaful solutions. Additionally, the company offers Islamic banking services; manages unit trust funds, real estate investment trusts, and private retirement schemes; distributes Islamic wholesale funds; invests in properties; and provides securitization of mortgage loans, nominee, and internet and mobile banking services, as well as offers outsourcing services for mortgage related activities. AMMB Holdings Berhad was incorporated in 1975 and is based in Kuala Lumpur, Malaysia.
AMMB Berhad Dividend Announcement
• AMMB Berhad announced a semi annually dividend of RM0.17 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-06-20
• AMMB Berhad annual dividend for 2024 was RM0.17
• AMMB Berhad annual dividend for 2023 was RM0.18
• AMMB Berhad's trailing twelve-month (TTM) dividend yield is 4.38%
• AMMB Berhad's payout ratio for the trailing twelve months (TTM) is 30.52%
AMMB Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-20 | RM0.17 | semi annually | 2024-07-11 |
2023-12-12 | RM0.06 | semi annually | 2024-01-08 |
2023-06-14 | RM0.12 | semi annually | 2023-07-07 |
2022-12-14 | RM0.06 | semi annually | 2022-12-28 |
2022-06-20 | RM0.05 | semi annually | 2022-07-06 |
2020-07-16 | RM0.07 | semi annually | 2020-07-30 |
2019-12-13 | RM0.06 | semi annually | 2019-12-27 |
2019-06-25 | RM0.15 | semi annually | 2019-07-05 |
2018-12-13 | RM0.05 | semi annually | 2018-12-28 |
2018-08-09 | RM0.10 | semi annually | 2018-08-28 |
2017-12-13 | RM0.05 | semi annually | 2017-12-28 |
2017-08-04 | RM0.13 | semi annually | 2017-08-22 |
2016-12-06 | RM0.05 | semi annually | |
2016-08-24 | RM0.10 | semi annually | |
2015-12-02 | RM0.05 | semi annually | |
2015-08-26 | RM0.15 | semi annually | |
2014-12-02 | RM0.12 | semi annually | |
2014-08-27 | RM0.17 | semi annually | |
2013-11-27 | RM0.07 | semi annually | |
2013-08-28 | RM0.15 | semi annually | |
2012-11-23 | RM0.07 | semi annually | |
2012-08-22 | RM0.14 | semi annually |
AMMB Berhad Dividend per year
AMMB Berhad Dividend growth
AMMB Berhad Dividend Yield
AMMB Berhad current trailing twelve-month (TTM) dividend yield is 4.38%. Interested in purchasing AMMB Berhad stock? Use our calculator to estimate your expected dividend yield:
AMMB Berhad Financial Ratios
AMMB Berhad Dividend FAQ
Other factors to consider when evaluating AMMB 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: AMMB 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, AMMB 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, AMMB 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 AMMB 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: AMMB 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, AMMB 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: AMMB 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 AMMB 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 AMMB 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.