Maybank Performance Outlook FY2019
Dividend: FY2018
Single-tier final dividend of 32 sen consisting of 15 sen cash portion and 17 sen electable portion
Dividend (sen), Payout Ratio (%) and Cash Component (%)
Dividend
Payout Ratio
Cash
Component
76.5%
74.9%
79.9%
78.5%
74.7%
71.9%
76.3%
78.1%
78.5%
77.3%
67%
53%
27%
20%
25%
27%
19%
13%
11%
12%
65.0
60.0
55.0
57.0
57.0
53.5
54.0
55.0
52.0
#
33
Final
32
85.7%*
Interim
86.1%*
36.0
33
44
31
85.9%*
30
32+
32
82.6%*
83.7%*
32
89.1%*
88.6%*
36
28
88.5%*
32
88.2%*
24
91.1%*
11
22.5
85.9%*
24
84.0%*
20
87.5%*
23
85.7%*
25
84.0%*
83.5%*
FY08
FY09
FY10
FY11
FP11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
Effective
Γ
Cash Dividend
I
60.4%
I I
61.4%
26.2%
17.2%
Paid Out
L
I
L
17.0% 19.0%
|
22.0%
I I
| |
I I
29.0%
T
I
23.2%
| I
28.6%
I
57.2%
I
46.3%
L
L
Note:
*
•
+
Actual Reinvestment Rate for Dividend Reinvestment Plan. The reinvestment rate for Final Dividend FY2018 is pending the execution of the 18th DRP.
Effective payout for final dividend FY2018 is assuming a reinvestment rate of 85%
The Final Dividend for FY2017 was paid fully in cash.
# The Net Dividend is 28.5 sen of which 15 sen is single-tier dividend. Maybank adopted the single-tier dividend regime with effect from FY2012
23
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