RHB Bank seen as a promising dividend play

In FY22, the banking group declared a total dividend of 40 sen a share, which translates to a payout of about 60%.

PETALING JAYA: RHB Bank Bhd looks to be a promising dividend play with an anticipated 50% payout in financial year 2023 (FY23) to garner 7% to 8% dividend yield at current price points, says Kenanga Research.

In FY22, the banking group declared a total dividend of 40 sen a share, which translates to a payout of about 60%.