MR D.I.Y. MAKES RECORD 73% 2QFY2024 DIVIDEND PAYOUT

MR D.I.Y Group Berhad, Malaysia’s largest home improvement retailer, is set to make a record 73.1% dividend payout ratio for the second quarter of 2024. This represents a 50.2% year-on-year increase, driven by a 9.0% rise in revenue. The RM113.4 million dividend is the highest payout since the company’s 2020 IPO, with cumulative 1H FY2024 dividends totaling RM207.9 million, or 69.3% of profit after tax.