Maxis Berhad (KLSE:MAXIS) Confirms Dividend Payment of MYR0.04

Dividend Announcement: Maxis Berhad will pay a dividend of MYR0.04 on September 25, resulting in a dividend yield of 4.5%, which is favorable for shareholders.

Sustainability of Dividend: The company has been paying out 86% of earnings and 64% of free cash flows; the latter indicates that the dividend is likely sustainable despite past cuts.

Earnings Growth Forecast: EPS is expected to grow by 17.8% over the next year, potentially allowing for a comfortable payout ratio of 73%, although historical trends show a decline in dividends since 2015.

Investment Caution: Despite consistent short-term payments, long-term sustainability is questioned due to flat earnings growth and a high payout ratio, suggesting investors may want to consider other options for income investments.