RHB shareholders approve highest dividend payout ratio of 62.9%


RHB Bank group managing director/group chief executive officer Mohd Rashid Mohamad and chairman Tan Sri Ahmad Badri (right) at its 56th annual general meeting.

KUALA LUMPUR: RHB Bank Bhd’s shareholders approved a final dividend of 25 sen per share, consisting of a cash payout of 15 sen per share and an electable portion under the dividend reinvestment plan of 10 sen per share.

“Together with our interim dividend of 15 sen per share, total dividend for the financial year ended Dec 31, 2021 (FY21) amounts to 40 sen per share or 62.9% payout ratio and a dividend yield of 7.4%, being the highest ever for the group,” chairman Tan Sri Ahmad Badri said in a statement.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
RHB Bank , dividend , payoout

Next In Business News

Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year
Philippine stocks set for recovery
Indonesia treads with care

Others Also Read