Maybank’s dividend yield of 5.7% is higher than all its listed peers. As such, investors willing to ride out the near term headwinds are likely to still see good dividend payouts going forward.
Maybank: Facing headwinds but still a dividend play
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In line with the whole banking sector, Maybank was not spared the woes of weak loans growth and a contraction in non-interest income. In Indonesia too, its bottomline has been hit significantly by a tough operating environment. However the bank’s fundamentals are generally in good shape.
