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PETALING JAYA: Deleum Bhd has consistently been distributing about 50% of its net profit as dividend, giving the stock a potential dividend yield of more than 5%, said MIDF Research in its recent report.
In reference to the article entitled “Banks able to pay higher dividends” which had appeared in StarBiz yesterday, it has been pointed out that the dividend payout ratio of CIMB Bank Bhd was 65% in 2016. The dividend payout ratio of 49.5% that was reported in the article was that of CIMB Group Holdings Bhd, the listed banking group.