Time to stock up on dividend funds or gear your portfolio more towards dividend yielding blue-chip counters.
Malaysia is one of the world’s leading dividend yielding market. We are second only to New Zealand in year 2005.
The Star Online on the dividend streak…
LPI Capital Bhd kick-started the new year by rewarding its shareholders with a whopping record dividend of 105 sen per share. Could this herald a developing trend for Malaysian companies to pay more dividends?
Some analysts believe so. A head of research at MA Securities said plantation and timber companies could afford to pay higher dividends this year given the improved commodity prices while banks had traditionally paid ??ecent dividends.??
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