Investors who are aiming for regular income often consider investing in high dividend stocks in Malaysia. These stocks are typically associated with much larger companies, oftentimes mid to large firms. This is because these companies tend to have more stable performance, allowing for more consistent issuance of stock dividends.
For example, if you hold 100 shares of Maybank and the company declares a 5% dividend, you, as a shareholder, will receive an additional 5 shares. This brings your total of shares to 105. Or alternatively, a 5% dividend payout may result in a cash payout of RM25.
Our analysis identifies Malaysian companies with high quality dividends and data, presenting the top Dividend Stocks.
The following article highlights 15 high dividend stocks in Malaysia to look out for in 2024 that investors should consider for building recurring income in their portfolios.
Table of Contents
Key Parts for Selecting High Dividend Stocks in Malaysia
Dividend Yield
The relationship between a stock’s price and its annual dividend payment is represented by its dividend yield.
So it’s crucial to remember that a stock’s dividend yield varies with its market price. This means that when you use it, the thing you are describing is that the dividend yield is according to the stock price at that specific time.
The dividend yield will also change if the stock price changes significantly during a ‘market day’.
The calculator for dividend yield is pretty straightforward, no special or intense math needed, the calculator is as follows: Divide the current stock price by the annual dividend. Or in the form of a formula:
Dividend Yield = Annual Dividends Per Share / Current Share Price
TTM Dividend Yield
TTM Dividend Yield, or otherwise known as Trailing twelve-month (TTM) Yield, is a term used in mutual funds and Exchange Traded Funds (ETFs).
It is a calculation that looks back over the previous 12 months and divides a fund’s total distributions during that period by the fund’s net asset value at the end of that time frame.
The easiest way to determine a company’s TTM financials is to sum the figures from the previous 4 quarterly reports. The formula is as follows:
TTM Dividend Yield = Most Recent Quarter(s) + Last Full Year − Corresponding Quarter(s) from Last Year
Let’s use the most recent report for the third quarter (Q3) as an example. To calculate the TTM numbers, you add the figures from Q4 of last year, and Q1,2,3 of this year:-
TTM Dividend Yield = Q (latest) + Q(1 quarter ago) + Q (2 quarters ago) + Q (3 quarters ago)
Forward Dividend Yield
A company’s estimated yearly dividend, expressed as a percentage of the share price at the time of purchase, is known as the forward dividend yield.
For a lot of investors, dividends are a significant source of income, complementing potential gains for stock prices. In times of stock price decline, dividends act as a dependable source of income.
Getting right to it, to calculate forward dividend Yield, you divide the total dividend by the stock price and then multiply the result by 100.
Forward Dividend Yield = (Total Dividend/Stock Price) x 100
Dividend Payout Ratio
The dividend payout ratio is a measure that indicates the proportion of a company’s earnings distributed to shareholders as dividends compared to its net income.
It shows the portion of profits distributed as dividends to shareholders. A company usually uses the remaining portion and doesn’t distribute for debt repayment or reinvest in its core operations.
The dividend payout ratio can be found by dividing the total dividends by net income or by dividing the annual dividend per share by earnings per share (EPS):-
Dividend Payout Ratio= Net Income / Total Dividends Paid
Consistency in Dividend Payouts
In a stable dividend policy, companies will consistently distribute dividends each year, regardless of variations in earnings. The dividend payout amount is typically determined by forecasting long-term earnings and calculating a percentage of those earnings to be paid out.
In this policy, companies may establish a target payout ratio, indicating a set percentage of earnings to be distributed to shareholders over the long term.
A company can choose between a stable policy, in which quarterly dividends are a percentage of yearly earnings, and a cyclical policy, in which dividends are a fixed portion of quarterly earnings. Regardless of the approach, the goal of a stable policy is to minimize uncertainty for investors and provide them with a reliable income stream.
Sector
Your investment goals play a key role in choosing the right industry.
Whether aiming for substantial growth or focusing solely on dividend income, analyzing a sector is crucial in the stock-picking process.
Striking a balance between growth potential and average dividend yield is a smart approach for investors to discover investments that align with their objectives.
Top 15 High-Dividend Stocks in Malaysia to Expect in 2024
| Stock Name | Sector | TTM Dividend Yield | Forward Dividend Yield | Dividend Payout Ratio |
|---|---|---|---|---|
| Complete Logistic Services (HEXTECH) | Transportation & Logistics | 1.7% | 9.69% | 1.72 |
| Taliworks Corp(TALIWRK) | Infrastructure | 7.86% | 7.81% | 240.3 |
| Malakoff Corp Bhd (MALAKOF) | Plantation | 2.34% | 4.65% | -97.85 |
| FIMA Corp Bhd (FIMACOR) | Property | 6.76% | 6.83% | 0.12 |
| British American Tobacco (BATS) | Goods Consumer | 8.89% | 8.79% | 57.6 |
| Zhulian Corp Bhd (ZHULIAN) | Consumer Products and Services. | 6.49% | 8.72% | 9.04 |
| Beshom Holdings Bhd (BESHOM) | Pharmaceutical | 5.15% | 5.10% | 128.1 |
| JayCorp (JAYCORP) | Consumer Discretionary | 7.84% | 8.0% | 81.6 |
| MK Land Holdings (MKLAND) | Property | 8.22% | 26.00% | 60.23 |
| CSC Steel Holdings (CSCSTEL) | Industrial Products and Services | 2.44% | 2.40% | 96.09 |
| Poh Huat Resources (POHUAT) | Furniture Manufacturing | 6.57% | 6.57% | 13.4 |
| Malayan Banking Berhad (MAYBANK) | Banking | 6.56% | 6.41% | 83.97 |
| HeveaBoard Bhd (HEVEA) | Food and Beverages | 3.43% | 3.48% | 97.23 |
| Tong Herr Resources Bhd (TONGHER) | Manufacture and sale of stainless steel | 8.40% | 8.47% | 78.2 |
| Uchi Tech (UCHITEC) | Design Manufacturing | 6.05% | 10.0% | 73 |
Complete Logistic Services (HEXTECH) – Forward Dividend Yield: 9.69%
Hextar Technologies Solutions Berhad, formerly known as Complete Logistic Services Berhad, is a company that owns ships and operates in Southeast Asia and the southwest Indian Ocean.
They provide marine transportation, offshore leasing, general trading, freight trading, and lorry/trucking services. They also offer total logistic services, including haulage, forwarding, and other related services. The company is headquartered in Port Klang, Malaysia, and was founded in 2005.
It has a shareholder equity of Rm122.1 million and a total debt of RM4.0 million. A debt-to-equity ratio of 3.3% is the outcome of this.
There are RM32.3 million and RM154.3 million in total liabilities and assets for the company, respectively.
Hextar Technologies Solutions Berhad’s EBIT is RM3.9 million, leading to an interest coverage ratio of 3.7. Additionally, the company holds RM18.5 million in cash and short-term investments.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 8.93% | 10.83% | 2.22% | 3.30% | 9.39% | 9.69% |
| Dividend Payout Ratio | 260.87 | 77.4 | 340.91 | 11.45 | 78.43 | 1.72 |
| Dividend Per Share (RM) | 0.243 | 0.245 | 0 | 0.367 | 0.133 | 5.8% |
Taliworks Corp (TALIWRK) – Forward Dividend Yield: 7.81%
Taliworks Corporation Berhad is a company in Malaysia that focuses on different areas of infrastructure. Its five primary businesses are Waste Management, Renewable Energy, Water Treatment, Engineering and Construction and Supply, and Highway Toll Concessionaire.
Despite a revenue increase from 302.58m to 337.71m, Taliworks Corporation Bhd experienced a -29.76% decline in net income, dropping from 78.50m to 55.14m. This decrease was influenced by a rise in the cost of goods sold as a percentage of sales, going from 53.83% to 59.47%.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 7.57% | 6.21% | 7.81% | 7.81% | 7.81% | 7.81% |
| Dividend Payout Ratio | 96.68 | 127 | 264.32 | 169.48 | 241.28 | 240.3 |
| Dividend Per Share (RM) | 0.05 | 0.04 | 0.08 | 0.07 | 0.05 | 0.07 |
Malakoff Corp Bhd (MALAKOF) – Forward Dividend Yield: 4.65%
The Malakoff Corporation Berhad is a company that provides power, water, and environmental solutions.
The company is divided into 3 main parts: Waste Management, Environmental Services, and Power Generation. Malakoff is involved in power generation and water desalination services in the Power Generation part.
Being established on October 9th, 1975 and its headquarters located in KL, Malaysia. Malakoff has a total shareholder equity of RM6.1 B and a total debt of RM9.2 B, resulting in a debt to equity ratio of 151%.
Its total assets and liabilities are RM21.2B and RM15.2B, respectively. Malakoff Berhad’s EBIT is RM15.1M, leading to an interest coverage ratio of 0.
The company holds RM2.9B in cash and short-term investments.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 8.24% | 9.63% | 7.50% | 7.50% | 7.72% | 4.65% |
| Dividend Payout Ratio | 131.19 | 103.94 | 117.77 | 101.54 | 92.16 | -97.85 |
| Dividend Per Share (RM) | 0.056 | 0.0655 | 0.051 | 0.051 | 0.0525 | 0.0150 |
FIMA Corp Bhd (FIMACOR) – Forward Dividend Yield: 6.83%
Fima Corporation Berhad is a company that holds investments and is involved in manufacturing, plantation, and property management. Its four primary business segments are oil palm production, investment holding, property management, and production and trading of security documents.
It was founded on December 5, 1974, and is headquartered in Kuala Lumpur, Malaysia. Fima Berhad has a total shareholder equity of RM593.0M and zero debt, resulting in a debt-to-equity ratio of 0%.
Its total assets and liabilities are RM705.1 million and RM112.1 million, respectively. Fima Berhad’s EBIT is RM34.2 million, leading to an interest coverage ratio of -9.1. The company holds RM194.8 million in cash and short-term investments.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 6.2% | 6.9% | 7.4% | 6.5% | 6.2% | 6.7% |
| Dividend Payout Ratio | 123.68 | 52.31 | 255.33 | 109.89 | 49.05 | 109 |
| Dividend Per Share (RM) | 0.132 | 0.239 | 0.049 | 0.112 | 0.294 | 0.114 |
British American Tobacco (BATS) – Forward Dividend Yield: 8.79%
British American Tobacco plc is a company that oversees the production and distribution of tobacco products.
Its well-known brands include Pall Mall, Lucky Strike, Dunhill, and Kent. The company has operations in the following regions: Americas and Sub-Saharan Africa (AMSSA), Europe and North Africa (ENA), Asia-Pacific and the Middle East (APME), and the United States.
British American Tobacco has a total shareholder equity of £72.6B and a total debt of £42.2B, resulting in a debt-to-equity ratio of 58.1%. Its total assets and liabilities are £146.1B and £73.4B, respectively.
The company’s EBIT is £13.6B, leading to an interest coverage ratio of 8.3. It holds £4.1B in cash and short-term investments.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 8.04% | 6.43% | 7.8% | 8.02% | 8.46% | 10.86% |
| Dividend Payout Ratio | 10.83 | 74.13 | 55.65 | 78.47 | 115.25 | 43.04 |
| Dividend Per Share (RM) | 1.9520 | 2.0300 | 2.1040 | 2.1560 | 2.1780 | 2.3088 |
Zhulian Corp Bhd (ZHULIAN) – Forward Dividend Yield: 8.72%
Zhulian Corp. Bhd. is a company that holds investments, manufactures, and sells costume jewelry and consumer products directly to customers.
It operates in various regions, including Malaysia, Thailand, Cambodia, Myanmar, Indonesia, and Singapore. The company, founded by Beng Seng Teoh on January 2, 1997, is headquartered in Bayan Lepas, Malaysia.
In the third quarter of the year ending August 31, 2023, Zhulian Corporation Berhad reported sales of RM 34.2 million, compared to RM 32.96 million the previous year.
Net income for the quarter was RM 6.2 million, down from RM 7.24 million a year ago. Basic earnings per share from continuing operations were RM 0.0135, a decrease from RM 0.0157 the previous year.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 5.91 | 5.44 | 6.88 | 6.32 | 6.42 | 6.49 |
| Dividend Payout Ratio | 67.11 | 65.41 | 108.70 | 119.28 | 109.49 | 264.90 |
| Dividend Per Share (RM) | 0.10 | 0.12 | 0.15 | 0.17 | 0.17 | 0.12 |
Beshom Holdings Bhd (BESHOM) – Forward Dividend Yield: 5.10%
Beshom Holdings Bhd. is an investment holding company that manufactures and distributes pharmaceutical products.
The company’s three business segments are Retail, Multi-Level Marketing, and Wholesale.
Beshom Holdings Bhd., which was founded by Kai Hee Tan on May 1, 1975, and has its headquarters in Klang, Malaysia, experienced a -16.86% decline in revenues, which fell from RM209.56 million to RM174.23 million.
This, coupled with an increase in selling, general, and administrative costs, led to a -42.25% decrease in net income, falling from RM28.20 million to RM16.29 million.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 6.1% | 5.7% | 8.9% | 4.4% | 6.5% | 5.2% |
| Dividend Payout Ratio | 156.88 | 98.86 | 76.16 | 79.55 | 37.41 | 204.60 |
| Dividend Per Share (RM) | 0.19 | 0.13 | 0.10 | 0.09 | 0.08 | 0.04 |
JayCorp (JAYCORP) Forward Dividend Yield: 8.0%
Jaycorp Bhd. is a company that operates as an investment holding company, providing management services. It is divided into multiple business segments: Furniture, Packaging, Wood Processing, Renewable Energy, Construction, and Others.
Founded in 2002 and headquartered in Sungai Rambai, Malaysia, Jaycorp Berhad reported earnings results for the fourth quarter ending July 31, 2023. During this period, the company’s sales decreased from RM 51.59 million to RM 42.22 million. Net income also declined from RM 3.78 million to RM 2.03 million. Basic earnings per share from continuing operations dropped from RM 0.0193 to RM 0.0076, and basic earnings per share decreased from RM 0.0141 to RM 0.0076. Overall, Jaycorp Bhd.’s revenues fell by -13.41% from 353.03m to 305.69m, and net income decreased by -27.76% from 29.71m to 21.46m.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 6.06% | 9.43% | 6.21% | 6.56% | 8.45% | 7.84% |
| Dividend Payout Ratio | 75.19 | 58.27 | 57.38 | 75.91 | 43.54 | 93.90 |
| Dividend Per Share (RM) | 0.03 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 |
MK Land Holdings (MKLAND) – Forward Dividend Yield: 26.00%
MK Land Holdings Bhd. is a company involved in real estate and management services. It operates in three main segments: property development, resort & leisure, and education.
Mustapha Kamal bin Abu Bakar and Kasi K. L. Palaniappan founded the company on August 2, 1978, and it is headquartered in Petaling Jaya, Malaysia.
Sales were RM 208.49 million for the full year, compared to RM 196.75 million the previous year. Net income for the full year was RM13.11 million, down from RM 16.41 million a year ago.
After a year of RM0.0136, basic earnings per share from continuing operations decreased to RM0.0109.
The total revenue for the last quarter was RM66.57 million, showing an 8.79% increase compared to the previous quarter. The revenue figure is RM213.61 million last year and RM196.75 million the year before.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 0 | 0 | 5% | 0 | 0 | 4.88% |
| Dividend Payout Ratio | 0 | 0 | 121.1 | 0 | 0 | 0 |
| Dividend Per Share (RM) | 0 | 0 | 0.01 | 0 | 0 | 0 |
(Read more about the best REITs in Malaysia.)
CSC Steel Holdings (CSCSTEL) – Forward Dividend Yield: 2.40%
CSC Steel Holdings Berhad is a Malaysian investment holding company with segments focusing on steel coils and other related activities.
The principal activities of the company and its affiliates encompass the production and commercialisation of diverse steel coils, encompassing pickled and oiled steel (PO), cold-rolled steel (CR), hot-dipped galvanized steel (GI), and pre-painted galvanized steel (PPGI). The brand names Realzinc (GI products) and Realcolor (PPGI products) are used to identify their coated steel products.
In Q3 2023, CSC reported positive results, with sales rising to RM404.21 million from RM 363.26 million a year ago. Net income improved to RM8.35 million, a turnaround from a net loss of RM 14.18 million.
The nine-month sales totalled RM 1,182.44 million, up from RM 1,337.91 million in the previous year. Net income for this period rose to RM 38.99 million from RM14.94 million a year ago.
Basic earnings per share also improved to RM0.1056 from RM 0.0405 a year ago.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 9.80% | 3.77% | 4.89% | 5.65% | 11.97% | 2.42% |
| Dividend Payout Ratio | 95.15 | 57.55 | 107.67 | 37.65 | 96.09 | 68.65 |
| Dividend Per Share (RM) | 0.10 | 0.04 | 0.07 | 0.07 | 0.14 | 0.03 |
Poh Huat Resources (POHUAT) Forward Dividend Yield: 6.57%
Poh Huat Resources Holdings Bhd. is a company that makes and sells furniture and furniture parts. It operates in Australia, Vietnam, and Malaysia.
In the third quarter of 2023, Poh Huat reported sales of RM 107.39 million, down from RM 166.52 million a year ago.
The quarter’s net income was RM 4.84 million, down from RM 22.04 million the previous year. After a year of RM 0.0832, basic earnings per share from continuing operations decreased to RM0.0183.
For the nine months ending July 31, 2023, sales were RM 322.18 million, compared to RM535.83 million a year ago. Also, net income for the period was RM 15.92 million, down from RM 60.48 million a year ago.
Despite its decrease in revenue, it remains one of the highest dividend stocks in Malaysia for 2024.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 4.67% | 4.62% | 4.02% | 5.19% | 5.84% | 6.57% |
| Dividend Payout Ratio | 37.41 | 24.80 | 26.32 | 30.82 | 27.92 | 60.36 |
| Dividend Per Share (RM) | 0.07 | 0.08 | 0.06 | 0.05 | 0.08 | 0.09 |
Malayan Banking Berhad (MAYBANK) – Forward Dividend Yield: 6.41%
If you are Malaysian, you must know about Maybank. It’s involved in financing and banking services.
In fact, it’s one of the most popular banks in Malaysia, along with other commercial banks such as CIMB, RHB, and more.
For the current market capitalisation, Maybank holds about RM104.542 billion, with a huge number of shares at 12.06 billion.
Its revenue has stayed above RM45 billion since 2018, and its profit margin has also remained relatively stable. However, it dropped to 12.7% in the year 2020, which could be attributed to the pandemic.
However, the company’s stock price has always been stable, as have its annual dividends, making it one of the most stable high-dividend stocks for fellow Malaysian investors.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 6.26% | 7.03% | 5.71% | 6.37% | 6.37% | 3.18% |
| Dividend Payout Ratio | 76.84 | 77.41 | 67.64 | 113.46 | 83.97 | – |
| Dividend Per Share (RM) | 0.57 | 0.64 | 0.52 | 0.58 | 0.58 | 0.29 |
(Read more about the blue-chip dividend stocks in Malaysia.)
HeveaBoard Bhd (HEVEA) – Forward Dividend Yield: 3.48%
Malaysian investment holding company HeveaBoard Bhd. is situated in Gemas. The company produces, sells, and distributes products made of particleboard and particleboard-derived materials. It operates in several segments, including Particleboards, Ready-to-Assemble Products, Cultivation and trading of Gourmet Fungi, and Others.
For the third quarter ending September 30, 2023, HeveaBoard reported sales of RM69.25 million, a decrease from RM72.71 million a year ago.
Compared to a net loss of RM3.17 million a year earlier, the quarter’s net income of RM 0.332 million represented an improvement, making it still a stable high dividend stock in Malaysia for 2024.
Basic earnings per share from continuing operations were RM0.0006, compared to basic loss per share of RM 0.0056 a year ago.
For the nine months, sales were RM 208.73 million, down from RM 306.66 million a year ago. Net loss for the period was RM 6.33 million, compared to net income of RM 4.83 million a year ago.
There was a difference of RM0.0112 between the basic earnings per share from continuing operations one year ago and the basic loss per share from continuing operations this year.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 3.94% | 2.82% | 2.11% | 2.82% | 3.38% | 0% |
| Dividend Payout Ratio | 214.55 | 186.09 | 120.81 | -851.42 | 60.26 | 97.23 |
| Dividend Per Share (RM) | 0.012 | 0.01 | 0.0050 | 0.0075 | 0.0100 | 0.0120 |
Tong Herr Resources Bhd (TONGHER) – Forward Dividend Yield: 8.47%
Tong Herr Resources Berhad, a Malaysia-based investment holding company, operates in two segments: manufacturing and selling stainless steel fasteners, aluminium and related products.
The company’s main business is producing and marketing stainless steel fasteners, such as bolts, screws, nuts, and other threaded goods. It has manufacturing operations in Malaysia and Thailand, exporting products to countries such as Germany, Italy, the United States, the Netherlands, and Japan.
For the third quarter ending September 30, 2023, Tong Herr Resources reported sales of RM129.11 million, down from RM 274.97 million a year ago.
The quarter’s net income was RM0.92 million, down from RM20.6 million in the same period last year.
From continuing operations, basic earnings per share were RM0.006, less than RM 0.1342 in the previous year. Continued operations generated diluted earnings per share of RM 0.006, which was less than RM 0.1342 in the previous year.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 7.32% | 8.77% | 4.29% | 6.87% | 4.87% | 8.40% |
| Dividend Payout Ratio | 83.62 | 149.25 | 51.12 | 60.17 | 25.26 | 156.74 |
| Dividend Per Share (RM) | 0.26 | 0.12 | 0.10 | 0.20 | 0.15 | 0.20 |
Uchi Tech (UCHITEC) – Forward Dividend Yield: 10.0%
Uchi Technologies Bhd. is a management services provider and investment holding company situated in Perai, Malaysia. Mainly company is divided into three divisions: Trading, Manufacturing, and Investment Holding.
For the third quarter ending September 30, 2023, Uchi Technologies reported sales of RM 62.89 million, up from RM 54.68 million a year ago. Net income for the quarter was RM 33.42 million, an increase from RM 32.51 million a year ago.
For one of the high-dividend stocks in Malaysia, Uchi Tech surely has some promising results.
After a year of RM0.0718, basic earnings per share from continuing operations increased to RM 0.0733.
Additionally, from continuing operations, diluted earnings per share increased to RM0.0733 from RM0.0718 in the previous year.
| Year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Dividend Yield | 5.91% | 5.22% | 6.15% | 5.89% | 7.03% | 9.27% |
| Dividend Payout Ratio | 100.60 | 82.55 | 101.78 | 76.85 | 78.96 | 87.23 |
| Dividend Per Share (RM) | 0.15 | 0.15 | 0.16 | 0.19 | 0.23 | 0.42 |
Conclusion
Investing in high-dividend stocks can be a reliable choice with lower risk, offering more certainty. Diversifying your investments is crucial to avoid putting all your money first.
While high-dividend stocks can provide a steady stream of passive income, it’s essential to note that their overall performance may not match that of growth stocks, especially when seeking higher short-term returns.
According to my analysis, one stock that stands out is MK Land Holdings.
Its high dividend payouts and robust financial standing make it a reliable anchor in the stormy sea of investments.
However, what suits my ship might not be the perfect fit for yours. Each investor’s journey is unique, so weighing the options and finding the stock that resonates with your financial compass is wise.
Remember that companies may choose not to offer dividends at times, or the payout may vary from previous years.
As a Malaysian investor, understanding these risks is important. Consider the company’s historical performance and fundamental values for comfort and confidence in your investment.
Before starting your investment journey, research high-dividend stocks in Malaysia, and choose the best broker for your needs.
**Disclaimer: This article is only offered for general informational reasons and is not meant to cover all facets of the subjects it addresses. It is not meant to be taken as legitimate investment advice you should rely on. You must seek expert or professional advice before acting or refraining from acting based on the information in this publication. The content in this publication does not represent advice from the BizTech Community. A comparable outcome is not always assured by past performance. We give no assurances that the information in the publication is accurate, full, or up to date, either explicitly or implicitly.
