AFFIN Bank Berhad Dividend
Dividend criteria checks 3/6
AFFIN Bank Berhad is a dividend paying company with a current yield of 2.29% that is well covered by earnings. Next payment date is on 12th June, 2024 with an ex-dividend date of 10th May, 2024.
Key information
2.3%
Dividend yield
33%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | 12 Jun 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | RM0.17 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
AFFIN Bank Berhad (KLSE:AFFIN) Will Pay A Smaller Dividend Than Last Year
May 28
Only Four Days Left To Cash In On AFFIN Bank Berhad's (KLSE:AFFIN) Dividend
Mar 17AFFIN Bank Berhad's (KLSE:AFFIN) Stock Price Has Reduced 27% In The Past Three Years
Feb 12
What Type Of Shareholders Own The Most Number of AFFIN Bank Berhad (KLSE:AFFIN) Shares?
Jan 08Industry Analysts Just Upgraded Their AFFIN Bank Berhad (KLSE:AFFIN) Revenue Forecasts By 11%
Dec 01Is AFFIN Bank Berhad's (KLSE:AFFIN) 4.4% Dividend Worth Your Time?
Nov 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AFFIN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AFFIN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| AFFIN Bank Berhad Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFFIN) | 2.3% |
| Market Bottom 25% (MY) | 1.8% |
| Market Top 25% (MY) | 4.5% |
| Industry Average (Banks) | 5.3% |
| Analyst forecast in 3 Years (AFFIN) | 3.7% |
Notable Dividend: AFFIN's dividend (2.29%) is higher than the bottom 25% of dividend payers in the MY market (1.81%).
High Dividend: AFFIN's dividend (2.29%) is low compared to the top 25% of dividend payers in the MY market (4.53%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), AFFIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AFFIN's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).