MSM Malaysia Holdings - Serving a final dividend sweetener soon

Stock Name: MSM
Company Name: MSM MALAYSIA HOLDINGS BERHAD

Research House: CIMB

Price Call: HOLD

Target Price: 4.65

Target RM4.65

We gathered from yesterday's briefing that MSM is committed to its 50% dividend payout policy and will announce its final dividend soon. We expect an 11 sen final dividend, which works out to a yield of 2.2% (full-year yield of 3.8%) and could support near-term share prices.

Source: CIMB Day Break 07 March 2012, Full PDF Report