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Syarikat Takaful Malaysia announces record-breaking dividend payout

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Following a strong 2013 performance, Syarikat Takaful Malaysia Bhd. has announced a record-breaking dividend payout for 2013, Bernama reported.

Takaful Malaysia is to offer a final single-tier dividend of 40%.

It said "with the proposed final dividends, the total single-tier dividends for 2013 including the two interim dividends paid during the year will be 82% and this translates into a dividend yield of 6.6%."

The company recorded a 34% year-on-year increase in profit after tax and 'zakat' to 134.4 million Malaysian ringgits ($40.9 million) in 2013.

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