Public Bank Bhd (PBB) has lived up to its billing again as a darling stock for long-term investors.
Despite a 0.3% dip in net profit in its second quarter, the lender reported a higher turnover of 2.1% and declared a first interim dividend of 26 sen per share, which would see it forking out RM1bil to shareholders.
For the corresponding period last year, the group paid out a total of RM926.8mil in dividends.
PBB registered a revenue and net profit of RM5.02bil and RM1.26bil, respectively, for its second quarter of the financial year ending Dec 31, 2016 (FY16).
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Despite a 0.3% dip in net profit in its second quarter, the lender reported a higher turnover of 2.1% and declared a first interim dividend of 26 sen per share, which would see it forking out RM1bil to shareholders.
For the corresponding period last year, the group paid out a total of RM926.8mil in dividends.
PBB registered a revenue and net profit of RM5.02bil and RM1.26bil, respectively, for its second quarter of the financial year ending Dec 31, 2016 (FY16).
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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