The payout dividend ratio stood at 62.9% in FY21 and 62.5% FY22, said Maybank IB.
PETALING JAYA: Maybank Investment Bank (Maybank IB) Research is imputing a dividend payout ratio for RHB Bank
Bhd at 62% for the financial year 2023 (FY23) and FY24.
The payout dividend ratio stood at 62.9% in FY21 and 62.5% FY22 and with the recent correction in share price, RHB Bank now offers an attractive FY23 forecast dividend yield of more than 7%, which is one of the highest in the industry, it added.
