Malayan Banking Berhad provides commercial banking and related financial products and services for individuals, small and medium enterprises, retail and corporate customers, and financial institutions primarily in Malaysia, Singapore, and Indonesia. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current and money market accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance service. The company also offers credit cards; bancassurance products; hire purchase, unit trust, cash management, custodian, and trustee services; and treasury activities and services, including foreign exchange, money market, derivatives, and trading of capital market. In addition, it provides investment banking and securities broking services; corporate advisory, bond and equity issuance, syndicated acquisition advisory, debt restructuring advisory, and share and futures dealings; and asset and fund management services, including a range of conventional and Islamic investment solutions. Further, the company underwrites general and life insurance businesses, offshore investment life insurance business, and general and family takaful products; and offers offshore banking, property leasing and trading, nominee, property investment, IT shared and development, financial and investment advisory, money lending, private equity investments, research, and leasing and factoring services. The company operates a network of approximately 2,200 branches in 20 countries internationally. Malayan Banking Berhad was incorporated in 1960 and is headquartered in Kuala Lumpur, Malaysia.
Malayan Banking Berhad Dividend Announcement
• Malayan Banking Berhad announced a semi annually dividend of $0.13 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-12
• Malayan Banking Berhad annual dividend for 2024 was $0.27
• Malayan Banking Berhad annual dividend for 2023 was $0.26
• Malayan Banking Berhad's trailing twelve-month (TTM) dividend yield is 1.17%
• Malayan Banking Berhad's payout ratio for the trailing twelve months (TTM) is 74.11%
• Malayan Banking Berhad's dividend growth over the last five years (2018-2023) was -1.13% year
• Malayan Banking Berhad's dividend growth over the last ten years (2013-2023) was -3.24% year
Malayan Banking Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | $0.13 | semi annually | 2024-10-07 |
2024-03-13 | $0.13 | semi annually | |
2023-09-14 | $0.12 | semi annually | 2023-10-10 |
2023-03-10 | $0.13 | semi annually | 2023-04-10 |
2022-09-16 | $0.12 | semi annually | 2022-12-05 |
2022-03-15 | $0.14 | semi annually | 2022-04-29 |
2021-09-21 | $0.14 | semi annually | 2021-11-01 |
2021-05-27 | $0.19 | semi annually | 2021-07-09 |
2020-12-17 | $0.07 | semi annually | 2021-01-25 |
2020-04-16 | $0.18 | semi annually | 2020-05-18 |
2019-09-17 | $0.12 | semi annually | 2019-10-15 |
2019-05-06 | $0.15 | semi annually | 2019-10-08 |
2018-09-28 | $0.12 | semi annually | 2018-11-09 |
2018-06-05 | $0.16 | semi annually | 2018-07-16 |
2017-09-29 | $0.11 | semi annually | 2017-11-13 |
2017-05-03 | $0.15 | semi annually | 2017-06-16 |
2016-09-28 | $0.09 | semi annually | 2016-11-04 |
2016-05-03 | $0.15 | semi annually | 2016-06-13 |
2015-10-07 | $0.11 | semi annually | 2015-11-23 |
2015-04-22 | $0.18 | semi annually | 2015-06-05 |
2014-09-24 | $0.15 | semi annually | 2014-11-07 |
2014-04-29 | $0.19 | semi annually | 2014-06-09 |
2013-09-23 | $0.14 | semi annually | |
2013-04-25 | $0.22 | semi annually |
Malayan Banking Berhad Dividend per year
Malayan Banking Berhad Dividend growth
Malayan Banking Berhad Dividend Yield
Malayan Banking Berhad current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing Malayan Banking Berhad stock? Use our calculator to estimate your expected dividend yield:
Malayan Banking Berhad Financial Ratios
Malayan Banking Berhad Dividend FAQ
Other factors to consider when evaluating Malayan Banking 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: Malayan Banking 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, Malayan Banking 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, Malayan Banking 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 Malayan Banking 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: Malayan Banking 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, Malayan Banking 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: Malayan Banking 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 Malayan Banking 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 Malayan Banking 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.