RHB likely to surprise on dividend payouts

“Additionally, the group’s recent digital banking licence win could serve as a sentiment booster to the group as it nears the launch of its new entity and digital offerings,” the research house told its clients in a report.

PETALING JAYA: RHB Bank Bhd is likely to deliver “dividend surprises” due to its high capital ratios.

Kenanga Research, which has chosen the lender as one of its “top picks” said the stock’s high capital ratios, whereby its common equity tier-one stands at 17%, may allow to group to deliver more dividend surprises in spite of management’s existing guidance.