The company was founded in 1960 and is headquartered in Kuala Lumpur, Malaysia.
Malayan Banking Bhd (MLYBY) provides commercial banking and related financial services as a holding company.
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 Bhd’s single share price increased $1.18 (or about 28%) from $4.22 to $5.40 in the past year, per Tuesday’s opening market report.
No analysts cover the stock.
However, the average of the past three-year price progressions shows an average annual gain of $0.53, which I’ll use for the annual return, after I discuss dividends.
MLYBY Dividends
Malayan Banking Bhd has paid Semi-Annual dividends since December 2005. Its most recent SA dividend of $0.17 was paid April 6 (to shareholders of record March 13th, yielding 6.28% annually (per Tuesday’s opening market report)
MLYBY Returns
Putting it all together, as of August 4th, a possible gross gain of $0.87 was projected. The $0.53 per share average annual Gain was added to the $0.34 forward-looking annual dividend to make that $0.87 gross gain.
A little under $1000 invested in MLYBY at Tuesday’s $5.40 opening share price would buy 185 shares, which multiply the $0.87 gross gain to $160.95 for the coming year, or about 16.10%.
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.
Malayan Banking Bhd projected an annual dividend from $1K invested of $62.80. MLYBY shows an annual dividend which proves to be over 11.5 times the recent $5.40 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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