Posted by WenJun > 2021-05-06 12:11 | Report Abuse

Anyone know if the AGM has announced the ex-date for the dividend?

Posted by EAGLE > 2021-05-06 12:21 | Report Abuse

Sudah approved by shareholders?

Posted by Lawman > 2021-05-06 12:27 | Report Abuse

AGM still ongoing now... Q&A session

Posted by donplayplay > 2021-05-06 12:31 | Report Abuse

will div payout be announced today?

Posted by stkoay > 2021-05-06 12:46 | Report Abuse

https://www.theedgemarkets.com/article/analabs-buys-maybank-shares-worth-rm1546-mil-dividends-capital-gains

The industrial waste recycling company said in a filing with Bursa Malaysia today that the acquisition was carried out with the intention of deriving dividend income and for potential capital gains.

Posted by Lawman > 2021-05-06 13:16 | Report Abuse

Dividend to be approved today and expected payout by end of June 2021

Posted by MaxGGG > 2021-05-06 14:06 | Report Abuse

what will be the dividend rate?

Posted by donplayplay > 2021-05-06 14:27 | Report Abuse

RM380 /1000shares

Posted by MaxGGG > 2021-05-06 14:37 | Report Abuse

thanks @donplayplay...which is about 4.6%

Posted by prudentinvestor > 2021-05-06 14:47 | Report Abuse

We got our final dividend on the 6th of May last year. Hopefully, we can get this year's final dividend by the end of this month. It is none of our fault.

Posted by supersinginvestor > 2021-05-06 15:06 | Report Abuse

Buy maybank cheap now n big dividend

Posted by fightingdragons > 2021-05-06 15:13 | Report Abuse

What's the ex-date?

Posted by Lawman > 2021-05-06 15:21 | Report Abuse

Dividend 38.5 cents/share. Ex date not yet announce and reinvestment DPR will be based on the latest 5 day average share price at announcement date. Payment date by end of June 2021 (as per AGM comment).

For latest you may check Maybank website for 20th DRP update (to-be-updated).
https://www.maybank.com/en/investor-relations/dividends/dividend-reinvestment-plan/Current_DRP.page

Posted by shearer202 > 2021-05-06 16:11 | Report Abuse

New moratorium will be recomended!

Posted by KenaGorengAlready > 2021-05-06 18:21 | Report Abuse

Hi, Dividend 38.5 cents/share already factored into the current share price?

Posted by masterus > 2021-05-06 19:16 | Report Abuse

China's state planner will suspend China-Australia economic dialogue.

Goldman Sachs see lower iron ore prices ahead, will be a negative for AUD

Quarantine-free travel from Sydney to New Zealand will be paused following the detection of two new COVID-19 cases in the community.

Posted by stkoay > 2021-05-06 23:33 | Report Abuse

https://www.theedgemarkets.com/article/maybank-has-made-provision-variables-mco-30%C2%A0

Farid highlighted that Maybank has made a whopping non-performing loan provision of RM4.6 billion in 2020 which has also taken into account the likelihood of impairment this year.

“Most of it is done on the basis of macroeconomic variables to prepare Maybank for the eventual possibilities that there will be impairment come 2021.

“To some extent, if you've seen some of the banks in the US, especially, they have reversed some of the provisions in the fourth quarter, but we did not make such a reversal,” said Farid, explaining that the macroeconomic variables have to be sustainable before the bank shall make any reversal.

Posted by supersinginvestor > 2021-05-07 10:55 | Report Abuse

Buy dividend coming soon

Posted by tollebunsmith > 2021-05-07 11:08 | Report Abuse

Quote:
KenaGorengAlready Hi, Dividend 38.5 cents/share already factored into the current share price?
06/05/2021 6:21 PM

yes... as it was announced earlier in Feb 2021 and the price will -0.385 sen on exdate

Posted by tollebunsmith > 2021-05-07 11:16 | Report Abuse

2018=RM0.71 2019= RM0.72 2020=RM0.57

Now this stoopit ceo says next 5 year eps will be RM1.00...... do u really believe? If true .. then dividend will be about 70-80 sen .... u think it is possible or he just dreaming after hisapputen.

If in 2025 eps is rm1... then price will remain about RM8 for 5 yrs?

Posted by tollebunsmith > 2021-05-07 11:17 | Report Abuse

source:

Malayan Banking Bhd (Maybank) unveiled its five-year strategic plan - M25, that aims to accelerate growth in the next normal. Maybank has set its desired longterm outcomes by 2025, including a return on equity (ROE) of between 13% and 15%, a cost-to-income ratio of below 45%, earnings per share of more than 100 sen and delivering a dividend payout ratio of between 40% and 60% on a net cash basis. Additionally, Maybank will also stop financing new coal activities as part of its sustainable agenda, which currently only makes up 0.2% of the bank’s total portfolio. (The Edge)

Posted by getingreal > 2021-05-07 11:23 | Report Abuse

Public Bank says BUY Maybank target 9.03. Good advice!

Posted by richcity > 2021-05-07 12:11 | Report Abuse

Public Bank Target price 9.30

Posted by getingreal > 2021-05-07 13:32 | Report Abuse

Sorry your right. 9.30

Posted by supersinginvestor > 2021-05-07 13:44 | Report Abuse

Buy maybank.....

Posted by patrico8 > 2021-05-07 13:46 | Report Abuse

Qtr report and dividend. Time to invest, only RM 8.25.

Posted by Dividendplayer > 2021-05-07 14:09 | Report Abuse

When will the ex date and payment date be announced ?

Posted by Dividendplayer > 2021-05-07 14:23 | Report Abuse

If not mistaken , the next qtr report will be 21st May. But previous report dividend not yet paid. How will this be done ?

Posted by prudentinvestor > 2021-05-07 16:01 | Report Abuse

Still taking their sweet time to officially announce details for the payment of the final dividend. Disappointing.

Posted by stkoay > 2021-05-07 16:09 | Report Abuse

They are doing their job, but there are procedures to follow.....


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3155371

Posted by Dividendplayer > 2021-05-07 20:02 | Report Abuse

This delay in payment is tantamount to loss of opportunity. The dividend should be already deployed and working to generate further income. Dividend already approved during agm . Whats the issue ?
What happens if next qtr report is below expectations?
Not to mention the many extra weeks of share being pushed down to keep drp price low. All because they cockxed up the agm ? Really ?

Posted by fightingdragons > 2021-05-07 23:34 | Report Abuse

The are holding back the ex-date so that funds can continue to sell glove stock at higher price to retailers. Once ex-date set, banks will rally at the expense of gloves. So they are stretching it as far as they can..

Posted by Dividendplayer > 2021-05-08 02:36 | Report Abuse

That actually makes a lot of sense ......... At our expense sadly. Buy yeah, indicators and price trends actually points to this. Interesting observation.

Posted by xxxx > 2021-05-08 07:03 | Report Abuse

Some companies announce QR results with dividends and dividends payment date at the same time, why can't Maybank do the same? Why make us wait and wait?

Posted by tollebunsmith > 2021-05-08 08:53 | Report Abuse

Quote "Some companies announce QR results with dividends and dividends payment date at the same time, why can't Maybank do the same? Why make us wait and wait?"

MBB has to wait for Bursa approval as it involves issuence of new shares for DRIP... that's why MBB can declare a high dividend yield as they do not pay cash from the cash register and pay ypu with shares only.. so high dividend also just on paer only.. if u want cash.. u sell and other investors pay their dividend value.. so it is a win win and you take the risk of price going up or down... and because of this they give you a discount of 4-5% (usually) from the market price when they declare DRIP

Posted by tollebunsmith > 2021-05-08 08:54 | Report Abuse

If interim cash dividend can declare immediatly without shareholder approvl.. but final must get shareholder approval first.. pls correct me if i am wrong.

Posted by stkoay > 2021-05-08 13:18 | Report Abuse

https://www.theedgemarkets.com/article/betting-highyield-stocks-emerges-winning-strategy-asia

Among top dividend-yielding sectors, his team expects financials and materials to have room to increase earnings.

“The dividend-paying element in a stock points us to quality — a synonym of balance sheet resilience and stability in operations,” said Frank Tsui, a senior fund manager at Value Partners who is involved in the firm’s high-dividend strategy. Investing in dividend stocks “makes sense” in the current environment, he said.

Posted by Dividendplayer > 2021-05-08 15:21 | Report Abuse

Share holder approval already received during agm on the 6th. This confirms the amount of dividend to be paid. ( i was relieved to be honest as the unusual delays and silence from them had me worried at one stage)

Only difference here is "announcement date" if I'm.not mistaken is still not set , since ex date and payment date is not yet announced. This affects the drp price correct ?
Irregardless of their reasons , if the price rallies , the drp price will be higher and vice versa obviously.

So looks like , besides the theory mentioned , about controlling the flow of funds. They could also be trying to control the drp price as well with these actions.

Well , no point worrying about things we have no control over. I do suspect a very healthy up trend soon as all this selling to push down price will likely be reversed very shortly . We shall see .

Posted by stkoay > 2021-05-08 15:44 | Report Abuse

https://klse.i3investor.com/insider/substantialShareholder/1155/04-May-2021/515206_143329504.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/05-May-2021/515317_2112188312.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/07-May-2021/515468_535056329.jsp


While ASB has been selling to keep DRP price low, EPF has been collecting.

Posted by xxxx > 2021-05-08 21:24 | Report Abuse

I'll take all the dividend in cash. Then buy Maybank after some time. The price hopefully then will go lower than the DRP price as in the past.

Posted by tollebunsmith > 2021-05-08 23:04 | Report Abuse

xxxx . seems like a very good idea ( take cash , buy later)

Posted by stkoay > 2021-05-08 23:37 | Report Abuse

The DRP portion is only 21 sen....so you need to own at least about 4000 shares in order to be entitled to subscribe to one full lot (100 shares)...haha :)

Posted by stkoay > 2021-05-08 23:48 | Report Abuse

I will definitely subscribe the full entitlement, including the odd shares....I think Tedinvestor will do likewise.

Posted by zhen wei & JP > 2021-05-08 23:58 | Report Abuse

South Africa variant in Malaysia is a no joke.

Posted by Tedinvestor > 2021-05-09 11:10 | Report Abuse

Drp just a small quantity from part of the dividend. I'm still moping up maybank shares the past days. Decide later if drp price are attractive to be consider.

Posted by stkoay > 2021-05-09 13:30 | Report Abuse

Yes, for long term investor, this is good entry point, minus the coming dividend, you are actually only paying 7.80-90.

The last batch I bought was on 4-5-21 at 8.26/27, should have queue lower and waited another day :(

Posted by stkoay > 2021-05-09 13:47 | Report Abuse

https://klse.i3investor.com/blogs/rakuten/2021-04-12-story-h1563424697-Malayan_Banking_Bhd_Innovating_its_roadmap_for_growth.jsp


MAYBANK is our Top Pick for the banking sector for its most favourable risk-to reward with the highest dividend yield in the industry plus solid ROE prospects. MAYBANK hosted a briefing to share its 5-year plan and strategies to achieve planned targets by 2025. Fundamentally, these targets include: (i) sustainable ROEs of 13-15%; (ii) CIR (cost to income ratio) of less than 45%; and (iii) EPS of above 100.0 sen (accounting for future dividend reinvestments). Management also aspires to position the group as a regional ESG leader by driving sustainable financing up to RM50bn in 2025, and to be carbon neutral by 2030.

Buy with a TP of RM10.60 or a PBV of 1.37x derived from a higher applied ROE of 11% (which is below management’s 5-year target of 13-15%.

Posted by Diamond7 > 2021-05-09 13:49 | Report Abuse

@stkoay
What is DRP?
How to subscribe?

Posted by Mak_kiah > 2021-05-09 14:46 | Report Abuse

Malaysia Equity is easily control by shark. no need rush to buy or sell, set your own buy price or sell price. no emotion. no love. or else buy and hold for 10 years.

Posted by stkoay > 2021-05-09 14:48 | Report Abuse

Maybank is declaring a dividend of 38.5 sen going ex soon and payable at end June.
Out of this 38.5 sen, 21 sen is allocated for Dividend Reinvestment Plan, where you can opt to take cash dividend or subscribe to shares at a discount of about 4.5%.....price will be announced together with ex date announcement soon.