Dividend payout outlook for MBM still robust

Maybank IB Research expects dividend yield of more than 9%, based on a 60% payout assumption.

PETALING JAYA: MBM Resources Bhd’s dividend prospects remain strong, supported by cash reserves and higher associate payouts this year, according to Maybank Investment Bank (IB) Research.

The research house expected dividend yield of more than 9%, based on a 60% payout assumption.