Malaysian banking sector has potential to achieve strong dividends, foreign fund inflows – MBSB
KUALA LUMPUR: The Malaysian banking sector is expected to continue to maintain strong financial fundamentals and offer attractive dividend yields, supported by the country’s geopolitical and economic stability which continues to stimulate foreign fund inflows. MBSB Investment Bank Bhd said it sees room for positive surprises in terms of dividends, with the possibility of several local banks announcing higher-than-expected payouts. According to the investment bank, the market is now focusing on potential dividend announcements, especially after the surprise special dividend announcement by CIMB Group Holdings Bhd last quarter was the main catalyst for the market’s rise. “We think there is […]
