RHB Bank Berhad provides commercial banking and finance related products and services in Malaysia and internationally. Its Group Community Banking segment offers mortgages, non-residential mortgages, hire purchase, purchase of securities, credit cards, other personal loans, financing, remittance, deposits collection, investment related, and bancassurance/bancatakaful products to individual customers; financing solutions to SMEs and family-owned enterprises, as well as trade and cash management solutions for SMEs. The company's Group Wholesale Banking segment provides treasury products and solutions; advisory services, such as corporate and debt restructuring, mergers and acquisitions, takeovers, as well as fundraising services for institutional and retail clients; stockbroking and investment banking products and services; management of unit trust funds, investment management advisory, private mandates, product development, and trustee services; financing, deposits, cash management, trade finance, FX and remittance services; and supply chain financing solutions. Its Group International Business segment offers commercial banking related products and services in Singapore, Thailand, Brunei, Cambodia, and Lao. The company's Insurance segment provides general insurance for retail, SME, commercial, and corporate customers. Its Support Center and Others segment offers nominee, property investment and rental of premises, and other related financial services. The company also provides Islamic banking, leasing, offshore trust, general insurance, and custodian services, as well as fiduciary services. In addition, it offers corporate secretarial services; leasing of industrial construction, business equipment, and motor vehicles; private equity investment; securities dealing and margin financing; dealing in futures and options contracts; securities brokerage and underwriting; and property management. RHB Bank Berhad is based in Kuala Lumpur, Malaysia.
RHB Bank Berhad Dividend Announcement
• RHB Bank Berhad announced a semi annually dividend of RM0.15 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-17
• RHB Bank Berhad annual dividend for 2024 was RM0.40
• RHB Bank Berhad annual dividend for 2023 was RM0.40
• RHB Bank Berhad's trailing twelve-month (TTM) dividend yield is 6.05%
• RHB Bank Berhad's payout ratio for the trailing twelve months (TTM) is 50.50%
• RHB Bank Berhad's dividend growth over the last five years (2018-2023) was 17.98% year
• RHB Bank Berhad's dividend growth over the last ten years (2013-2023) was 6.83% year
RHB Bank Berhad Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | RM0.15 | semi annually | 2024-09-30 |
2024-04-18 | RM0.25 | semi annually | 2024-05-16 |
2023-09-27 | RM0.15 | semi annually | 2023-10-12 |
2023-04-14 | RM0.25 | semi annually | 2023-05-15 |
2022-10-07 | RM0.15 | semi annually | 2022-11-07 |
2022-05-17 | RM0.25 | semi annually | 2022-06-16 |
2021-10-05 | RM0.15 | semi annually | 2021-11-03 |
2021-06-09 | RM0.08 | semi annually | 2021-07-08 |
2021-01-19 | RM0.10 | semi annually | 2021-02-09 |
2020-06-10 | RM0.18 | semi annually | 2020-06-26 |
2019-09-18 | RM0.12 | semi annually | 2019-10-01 |
2019-05-06 | RM0.13 | semi annually | 2019-05-23 |
2019-04-29 | RM0.13 | semi annually | |
2018-09-18 | RM0.07 | semi annually | 2018-10-03 |
2018-06-04 | RM0.10 | semi annually | 2018-06-19 |
2017-09-29 | RM0.05 | semi annually | 2017-10-13 |
2017-05-15 | RM0.07 | semi annually | 2017-05-29 |
2016-09-13 | RM0.05 | semi annually | |
2016-04-11 | RM0.12 | semi annually | |
2015-03-25 | RM0.06 | semi annually | |
2014-06-19 | RM0.10 | semi annually | |
2013-10-10 | RM0.06 | semi annually | |
2013-07-02 | RM0.15 | semi annually |
RHB Bank Berhad Dividend per year
RHB Bank Berhad Dividend growth
RHB Bank Berhad Dividend Yield
RHB Bank Berhad current trailing twelve-month (TTM) dividend yield is 6.05%. Interested in purchasing RHB Bank Berhad stock? Use our calculator to estimate your expected dividend yield:
RHB Bank Berhad Financial Ratios
RHB Bank Berhad Dividend FAQ
Other factors to consider when evaluating RHB Bank 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: RHB Bank 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, RHB Bank 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, RHB Bank 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 RHB Bank 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: RHB Bank 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, RHB Bank 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: RHB Bank 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 RHB Bank 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 RHB Bank 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.