UOB Kay Hian Research, which maintained its “buy” call on the sector despite the recent extension of the movement control order (MCO), noted that NFO stocks now featured the highest dividend yield among companies listed on Bursa Malaysia.
PETALING JAYA: The earning resilience and high dividend yields of number forecast operators (NFOs), coupled with the recent fall in their share prices, make the stocks an appealing option for investors at the moment.
UOB Kay Hian Research, which maintained its “buy” call on the sector despite the recent extension of the movement control order (MCO), noted that NFO stocks now featured the highest dividend yield among companies listed on Bursa Malaysia.
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