@Yippy68, EPS is more relevant than high DPS because high DPS isn't sustainable if EPS drops. MBSB doesn't appear to have the all round strength of other banks. Just rebranding itself as an Islamic bank doesn't transform it overnight to rival Bank Islam which is long established.
@Yippy68, I feel you are too heavily concentrated in MBSB. Your recent venturing into Affin has brought you financial rewards. Affin share price ran ahead because it is more superior to MBSB. Similarly, Bank Islam share price has also recently run ahead.
This counter no need to monitor so much...so steady mah...
Dividend investing is like planting a tree...
The earlier you start, the bigger your tree is going to grow.
And before you know it, you will be resting in the shade of your own financial forest, enjoying the fruits of your labor, year after year...
Why?
Because dividends... GROW.
And that's how some Dividend Machines reached their milestones in dividends.
For the past 10 years...
DBS (Bank) increased their dividends by 158% Wilmar (Plantation) increased their dividends by 112% So if you think $5,000 in annual dividends today is too little...
Your $5,000 'passive' income just became:
$12,900 if you invested in DBS $10,600 if you invested in Wilmar All you did is buying the right dividend stocks...
Managed to trim a little bit, but still my Top 15% holdings by market value. Dividend yield on cost is 8.3%. Can hold for a long time if not look at markets and just collect dividends. Of course, sitting on winners and do nothing is often the right strategy unless it is a bear market or clearly sideways market.
Shame on u PMX! When PN was in power last time , u tried to topple PN through defection. Now u tell PN not to topple u for the sake of foreign investors
BIMB Full year 2023 earnings: EPS and revenues exceed analyst expectations
Full year 2023 results: EPS: RM0.25 (up from RM0.23 in FY 2022). Revenue: RM2.28b (up 5.6% from FY 2022). Net income: RM553.1m (up 13% from FY 2022). Profit margin: 24% (up from 23% in FY 2022). The increase in margin was driven by higher revenue. Cost-to-income ratio: 60.9% (up from 59.8% in FY 2022). Non-performing loans: 0.94% (down from 1.27% in FY 2022). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.2%.
Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Banks industry in Malaysia.
Looking back at the first half of 2024, bank stocks dominated the majority of the top 10 high-yield dividend stocks list.
Among companies with a market capitalization exceeding RM5 billion, $BIMB(5258.MY)$ was the best-performing stock, with a dividend yield of over 8% and a year-to-date increase of over 14%. The three local banking giants, $RHBBANK(1066.MY)$, $MAYBANK(1155.MY)$, and $PBBANK(1295.MY)$, were also among the top performers, with dividend yields of 7.26%, 6.06%, and 4.73%, respectively.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TheContrarian
9,091 posts
Posted by TheContrarian > 2024-02-27 02:24 | Report Abuse
@Yippy68, EPS is more relevant than high DPS because high DPS isn't sustainable if EPS drops. MBSB doesn't appear to have the all round strength of other banks. Just rebranding itself as an Islamic bank doesn't transform it overnight to rival Bank Islam which is long established.