Ample room for Public Bank to raise dividend


CIMB Research said the bank’s share price had been flattish in recent months.

PETALING JAYA: An upside to its dividend payout ratio, better credit costs, potential loan growth upgrade and stable cost of funds are the key catalysts for Public Bank Bhd, say analysts.

CIMB Research said the bank’s share price had been flattish in recent months, which it believes is likely related to concerns about issues arising from its restricted offer for sale of shares by the family of late founder Tan Sri Teh Hong Piow, which was first announced in October 2024.

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