Kenanga Investment Bank Berhad, together with its subsidiaries, provides investment banking, stockbroking, and related financial services primarily in Malaysia. It operates through Investment Banking, Stockbroking, Listed Derivatives, Money Lending and Financing, and Investment and Wealth Management segments. The company offers equity broking, global equity trading, structured warrants, equity structured, securities borrowing, and lending services to retail and institutional investors; access to trade on both Bursa Malaysia Derivatives Berhad and the Chicago Mercantile Exchange group; and corporate banking, corporate finance, debt capital markets, equity capital markets, and private equity solutions. It also provides equity, structured finance, Islamic factoring, and Islamic margin financing solutions; investment schemes, private retirement schemes, portfolio management services, and alternative investments to retail, corporate, high net-worth individuals, and institutional clients; Skim Perbankan Islam and Islamic stockbroking window products; and treasury investment and hedging solutions. In addition, the company offers futures and stock broking, nominee, private equity management, advisory, information technology, management and maintenance, Shariah-compliant investment management, money lending, Islamic factoring and leasing, and securities financing and custodial services. Further, it engages in online digital platform or portal, and property investment business; and promotion and management of collective investment schemes and unit trust funds, as well as management of investment funds. The company was formerly known as K & N Kenanga Berhad and changed its name to Kenanga Investment Bank Berhad in 2007. Kenanga Investment Bank Berhad was incorporated in 1973 and is headquartered in Kuala Lumpur, Malaysia.
Kenanga Investment Bank Berhad Dividend Announcement
• Kenanga Investment Bank Berhad announced a annually dividend of RM0.07 per ordinary share which will be made payable on . Ex dividend date: 2024-04-01
• Kenanga Investment Bank Berhad annual dividend for 2024 was RM0.07
• Kenanga Investment Bank Berhad annual dividend for 2023 was RM0.06
• Kenanga Investment Bank Berhad's trailing twelve-month (TTM) dividend yield is 7.95%
• Kenanga Investment Bank Berhad's payout ratio for the trailing twelve months (TTM) is 55.96%
• Kenanga Investment Bank Berhad's dividend growth over the last five years (2018-2023) was 14.87% year
Kenanga Investment Bank Berhad Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-04-01 | RM0.07 | annually | |
| 2023-04-04 | RM0.06 | annually | |
| 2022-03-30 | RM0.07 | annually | |
| 2021-04-09 | RM0.05 | annually | |
| 2020-03-30 | RM0.03 | annually | |
| 2019-04-09 | RM0.01 | annually | |
| 2018-05-22 | RM0.03 | annually | |
| 2017-05-24 | RM0.02 | annually | |
| 2015-06-12 | RM0.01 | annually | |
| 2012-06-18 | RM0.01 | annually | |
| 2010-05-24 | RM0.01 | annually | |
| 2008-05-20 | RM0.05 | annually |
Kenanga Investment Bank Berhad Dividend per year
Kenanga Investment Bank Berhad Dividend growth
Kenanga Investment Bank Berhad Dividend Yield
Kenanga Investment Bank Berhad current trailing twelve-month (TTM) dividend yield is 7.95%. Interested in purchasing Kenanga Investment Bank Berhad stock? Use our calculator to estimate your expected dividend yield:
Kenanga Investment Bank Berhad Financial Ratios
Kenanga Investment Bank Berhad Dividend FAQ
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.
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