Maybank Earnings Summary Q3 & 9M FY2020
Dividend: 9M FY2020
Single-tier interim dividend of 13.5 sen per share, fully electable under the Dividend Reinvestment Plan
Dividend (sen), Payout Ratio (%) and Cash Component (%)
87.8%
Dividend
Payout Ratio
76.5% 74.9% 79.9% 74.7%
71.9%
78.5% 76.3% 78.1%
78.5% 77.3%
30.7%
27%
13%
11%
12%
20%
25%
19%
27%
67%
53%
100%
0%
Cash Component
of Total Dividend
65.0
64.0
60.0
57.0
57.0
55.0
53.5
55.0
54.0
52.0
33 #
39+
Final
Interim
32
86.1%*
85.7%*
36.0
33
31
30
32*
+
32
44
82.6%*
32
81.7%*
85.9%*
83.7%*
89.1%*
88.6%*
28
91.1%*
36
88.5%*
32
88.2%*
11
22.5
85.9%*
24
84.0%*
24
87.5%*
25+
20
83.5%*
23
25
85.7%* 84.0%*
13.5
FY08
FY09
FY10
FY11
FP11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19
FY20
ך
1% 87.8%
4.6% I
I
Effective Cash
Dividend Paid Out 60.4% 61.4% ¦ ¦ 26.2% ¦ ¦ 17.2% ¦ ¦ 17.0% ¦ ¦ 19.0% ¦ ¦ 22.0% ¦ ¦ 29.0% ¦ ¦ 23.2% ¦ ¦ 28.6% | 57.2% ¦ ¦ 47.1% ¦ ¦ 87.8% ¦
from Net Profit
Note:
*
•
Actual Reinvestment Rate for Dividend Reinvestment Plan. Effective Cash Dividend Paid Out for Interim dividend FY2020 is based on an 85% reinvestment rate assumption.
+ The Final Dividend for FY2017, Interim and Second Interim Dividend for FY2019 are 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.
Dividend Payout ratio and Effective cash paid out for Interim dividend FY2020 is divided against Group's 9M FY2020 Net Profit
17
MaybankView entire presentation