What are the top dividend Malaysia stocks in 2020?

There are 2 reasons why the investors are investing:-

1. For capital gain: the investors will buy the stock at a lower price with the hope to sell it at a higher price to get some capital gains.
2. For cash flow: the investors will buy and hold the stocks or investment for the cash flow, e.g. income distribution or dividends.

Let’s be honest, at the end of the day, we are all looking for passive income, i.e. cash flow so that our money will work for us. Hence, finding good dividend stocks that can give us steady and good income stream will be crucial.

Before listing down some good dividend stocks, it is worth to understand how we measure dividend of a particular company, Companies which are cheap in price will give lesser dividend per share, while companies which are more expensive in price will give higher dividend. The best way is to identify their dividend yield. The formula is Dividend per Share ÷ Share Price, as we need to bring them to compare on the same basis.

The followings show the top 10 dividend Malaysia stocks in 2020 for your reference from various sectors:-

1. Paramount Corporation Berhad (Property – main market): 39.13% dividend yield in 2020, the company has been consistently giving out dividend for the past 10 years with lowest 6.5 cents in 2019 and 31.5 cents in 2020.
2. Harn Len Corporation Bhd (Plantation – main market): 16.39% dividend yield in 2020, the company has the record to pay dividends but it has not been consistent in paying dividend. The company did not pay dividend from 2015 until 2019.
3. Naim Holding Berhad (Property – main market): 13.66% dividend yield in 2020. The company has the record to pay dividends but it has not been consistent in paying dividend. The company did not pay dividend from 2015 until 2019.
4. Complete Logistic Services Berhad (Transportation & Logistics – main market): 13.11% dividend yield in 2020. The company has the record to pay dividends but it has not been consistent in paying dividend. The company did not pay dividend from 2016 until 2019.
5. Ewein Berhad (Property – main market): 10.45% dividend yield in 2020. The company is quite consistent in paying dividend for the past 10 years. It skipped the dividend for year 2019 but the company seems to have compensated the 2019 dividend by giving more dividend in 2020.
6. Zhulian Corporation Berhad (Consumer Products & Services): 9.14% dividend yield in 2020. The company has shown record to consistently pay the dividend for the past 10 years.
7. Deleum Berhad (Energy – main market): 8.46% dividend yield in 2020. The company has shown record to consistently pay the dividend for the past 10 years.
8. Sentral Reit (REIT – main market): 8.18% dividend yield in 2020. The company has shown record to consistently pay the dividend for the past 10 years. However, the dividend has been decreasing since 2019.
9. Tenaga Nasional Berhad (Utilities – main market): 8.08% dividend yield in 2020. The company has shown record to consistently pay the dividend for the past 10 years.
10. Teo Seng Capital Berhad (Consumer Products & Services – main market): 8.05% dividend yield in 2020. The company has shown record to consistently pay the dividend for the past 10 years.

If you are looking for good dividend stocks in Malaysia, have a look at the above and get more regular cash flow from investing!

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