The company was founded in 1960 and is headquartered in Kuala Lumpur, Malaysia.
Malayan Banking Berhad (MLYBY) provides commercial banking and related financial services.
It operates through five segments: (1) Group Community Financial Services (CFS), (2) Group Corporate Banking and Global Markets, (3) Group Investment Banking, (4) Group Asset Management, and (5) Group Insurance and Takaful.
Three key data points gauge MLYBY (or any dividend-paying entity):
(1) Price
(2) Dividends
(3) Returns
Those three keys also indicate if any company has made, is making, and will make money.
MLYBY Price
Malayan Banking’s single share price increased $0.69 (or 16%) from $4.31 to $5.00 in the past year, per Monday’s opening market report.
No analysts cover the stock. However, the MLYBY past three-year price history shows an average $0.43 annual price gain, which I’ll use for its annual return after I discuss dividends.
MLYBY Dividends
Malayan Banking has paid variable semi-annual dividends since May, 2005 with one pause in the 2019 Covid year. The latest semi-annual amount of $0.17 was paid April 6th (to shareholders on record as of March 13th), yielding 6.76% annually (per Monday’s opening market report)
MLYBY Returns
Putting it all together, as of July 6th, a possible gross gain of $0.77 was projected. The $0.43 per share historic annual gain was added to the $0.34 forward-looking annual dividend to equal a $0.77 gross gain.
A little under $1000 invested in MLYBY at Monday’s $5.00 opening share price would buy 200 shares which multiply the $0.70 gross gain to $140.00 for the coming year, or about 14%.
My dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is greater than the cost of one share.
MLYBY’s projected annual dividend from $1K invested is $67.80. So Malayan Banking shows a dividend from $1,000 invested at a $5.00 price is about 13.5 times greater than its recent single share price.
The exact track of MLYBY’s future share price and dividend will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
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