Dividend Reinvestment Program.

Instead of getting cash dividemds, you can opt for more Maybank shares of which they offer you at a discount to market.price.

This post has been edited by Cubalagi: Jul 10 2020, 09:24 PM

How I know the price? My last buy of Maybank was at 7.21, that was ilast March. Now just watch n wait for dividends.

1. End of next month.

2. More dependant on whether there are any suprise, good or bad.

3. I think Reit prices are being supported by the historically low interest rate environment.

Maybank has been paying 70+% profits as dividends. I definitely expect a dividend cut coming in Spt and next year.

I will be very suprised if that high. 64 sen was the total paid for 2019 dividends. So covid-19 no impact?

Im expecting a 15-20% cut. Not as brutal as Singapore bank 40% cut, but still a cut.

1Q results were OK. 2nd Q will know how bad by end of this month. Anyway, likely banks will want to preserve capital going to 2021 because the economic damage of covid will lbe around until next year at least.

But 10 sen cut this Sept will be too much I think. We will know soon.

This post has been edited by Cubalagi: Aug 14 2020, 08:56 AM

They have been paying about 70% of earnings as dividends.

Have to take into account PNB/ASB as their biggest shareholder. ASB need the dividends to pay for its dividends.

0.57 was full year dividend for 2018 (Interim + final).

This post has been edited by Cubalagi: Aug 14 2020, 10:08 AM

No dividend this Sept, which is the usual interim payout period.

ASB will be hit more..

I won't be suprised if ASB falls to that level this year.

Finally bot Maybank today.. Last time buy was in March @ 7.21.

Recapitalising because of Global Financial crisis and after buying Indonesian bank.

This post has been edited by Cubalagi: Sep 1 2020, 06:35 PM

No earnings? What are u talking about? Even in last quarter, Maybank was still profitable at RM940 million profits.

That will defeat the purpose of not paying dividends, which is to preserve capital. So not likely.

Having said that I was rather disappointed no dividend as that was my expected cash flow next month. I was expecting a little, but not completely 0!

Last financial year MBB paid total 64 sen, of which 25 sen Sept 19 and 39 sen in May 20. So this financial year everything pushed back to May 21. Im expecting/hoping at least 50 sen payout in May next year, Close to 22% cut.

This post has been edited by Cubalagi: Sep 12 2020, 08:54 AM

No rush to buy

Wait for Nov:: US elections, BNM MPC meeting and see if CMCO is lifted.

Today is BNM MPC meeting. Let see if they cut one more.

3Q GDP will definitely be positive. Coz no MCO.

4Q is the question mark since we have new wave of covid in the country and globally + end of loan moratorium+ political uncertainty.

Btw BNM holds interest rates at 1.75%

https://www.thestar.com.my/business/busines...ains-opr-at-175