Bank Islam Malaysia Berhad Dividend
Dividend criteria checks 4/6
Bank Islam Malaysia Berhad is a dividend paying company with a current yield of 6.11% that is well covered by earnings.
Key information
6.1%
Dividend yield
67%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | RM 0.168 |
| Earnings per share | RM 0.25 |
| Dividend yield forecast | 6.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BIMB has been paying a dividend for less than 10 years.
Growing Dividend: BIMB's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Bank Islam Malaysia Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BIMB) | 6.1% |
| Market Bottom 25% (MY) | 1.9% |
| Market Top 25% (MY) | 4.7% |
| Industry Average (Banks) | 5.0% |
| Analyst forecast (BIMB) (up to 3 years) | 6.5% |
Notable Dividend: BIMB's dividend (6.11%) is higher than the bottom 25% of dividend payers in the MY market (1.9%).
High Dividend: BIMB's dividend (6.11%) is in the top 25% of dividend payers in the MY market (4.74%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.4%), BIMB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIMB's dividends in 3 years are forecast to be covered by earnings (59.6% payout ratio).