Maybank quarterly dividend expected to rise


RHB Research expects a 4Q24 dividend per share of 34 sen, higher than 31 sen in 4Q23.

PETALING JAYA: Malayan Banking Bhd’s (Maybank) net interest income (NII) in the fourth quarter ended Dec 31, 2024 (4Q24) may hold up reasonably well as, aside from loan growth, the bank was optimistic on net interest margin (NIM) as efforts to manage loan yield and deposit cost bear fruit.

According to RHB Research, following a recent meeting with management, it sensed Maybank was optimistic on NIM, as efforts to manage the year-to-date compression bore fruit.

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