Bullish dividend plan by YTL Corp

CGS-CIMB Research said YTL reiterated that it will exercise fiscal discipline to keep its cash level at US$3bil (RM14bil) at any point for strategic acquisitions.

PETALING JAYA: YTL Corp Bhd will be paying RM1bil in dividends per year, translating into 9.5 sen in dividend per share, and a yield of 10% a year for the financial years 2024-2025 (FY24-FY25).

This is higher than CGS-CIMB Research’s forecast of six sen per year for FY24-FY25.