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Malton is a good stock with a proven record of dividend payout of 2.5 cents each year support by a consistent and steady yoy revenue and profit growth. i think this share is deeply undervalued as it is now.
last year they did announce a dividend of 2.5 cents. in terms of percentage which they had been practising perviously, if a company announces a dividend payout in percentage is usually based on its par value of the proposed share. Therefore, in the case of Malton which has a par value of RM1. thus 2.5% of this par value is equivalent to 2.5cents.
