Highest Dividend Yield Stocks on Bursa Malaysia (October 2026)
· 6 min
Data as of 29 October 2026.
Dividend yield is the simplest number in investing and the easiest one to misuse. It is a ratio, not a promise: the dividend has already happened, and the price can move tomorrow.
Every figure below comes from the Divvy dataset dated 29 October 2026. Of the 150 Bursa-listed stocks we track, 56 currently report a non-zero dividend yield. The median among those 56 is 4.72%. Twenty-six yield 5% or more, seven yield 8% or more, and exactly one is above 10% — a 7% yield is not remarkable in Malaysia, and only four of the 56 clear 9%.
How Divvy Computes Dividend Yield
Yield is annual dividend per share divided by the share price, times 100. A stock paying 12 sen a year and trading at RM2.00 yields 6%.
Divvy's yield column is built by the pipeline from dividends the company has declared and the last traded price in the same snapshot. It is a trailing measure: it describes what has been paid, not what will be paid. The dataset carries the declared payments themselves — 479 records across 132 of the 150 tracked stocks — and each stock page shows the amounts with their ex-dates. The stored yield is the pipeline's trailing figure, so it will not always reconcile exactly to the payments listed beneath it: the two are measured over slightly different windows.
Note that a cut in the dividend moves the yield immediately, but so does a fall in the price. A yield that jumped last month may reflect bad news, not generosity.
The Top 10 Dividend Yields on Bursa Malaysia
| # | Code | Stock | Yield | Price (RM) | Income on RM10,000 | Sector |
|---|---|---|---|---|---|---|
| 1 | 5983 | MBM Resources Berhad | 16.28% | 4.80 | RM1,628 | Consumer |
| 2 | 5095 | HeveaBoard Berhad | 9.52% | 0.10 | RM952 | Industrials |
| 3 | 5132 | Deleum Berhad | 9.3% | 0.93 | RM930 | Energy |
| 4 | 5176 | Sunway REIT | 9.01% | 2.05 | RM901 | REITs |
| 5 | 5258 | Bank Islam Malaysia | 8.52% | 2.00 | RM852 | Financials |
| 6 | 7100 | Uchi Technologies | 8.36% | 2.29 | RM836 | Technology |
| 7 | 5280 | KIP REIT | 8.14% | 0.86 | RM814 | REITs |
| 8 | 5180 | CapitaLand Malaysia Trust | 7.87% | 0.55 | RM787 | REITs |
| 9 | 3255 | Heineken Malaysia | 7.79% | 12.96 | RM779 | Consumer |
| 10 | 6483 | Kenanga Investment Bank | 7.3% | 0.64 | RM730 | Financials |
The income column is yield × RM10,000 ÷ 100 — what RM10,000 parked in that stock would have produced over the trailing period, before fees and taxes, assuming the payment repeats. A scale reference, not a projection.
What the Table Already Tells You
- REITs are over-represented. Three of the ten are trusts — Sunway, KIP and CapitaLand Malaysia Trust. That is structural: Malaysian REITs distribute at least 90% of distributable income, so a high payout is the design, not a warning. See the REIT sector page.
- The top of the list is not where the stability is. Eight of the ten trade below RM3.00, and HeveaBoard trades at ten sen.
- Yield does not track size. The largest market cap in the ten is Sunway REIT at RM7.57 billion; the smallest HeveaBoard at RM59.42 million. A high yield is equally available to both — which is why yield alone says nothing about risk.
Why a High Yield Can Be a Warning
Take HeveaBoard at 9.52%. The price in our dataset is RM0.10. At ten sen a share, every one sen of annual dividend is worth 10 percentage points of yield. The company's entire 9.52% is therefore about 0.95 sen per share per year. One sen less — a cut you would barely notice on a RM5.00 stock — takes the yield to roughly zero, or flips it negative if the price also falls.
The same works upwards. MBM Resources at 16.28% on RM4.95 implies about 80.6 sen of dividends per share over the trailing period — a large distribution relative to the price. Whether it is repeatable is the whole question, and the yield column cannot answer it. MBM's own stock page shows a price-to-earnings ratio of 5.8 in the same snapshot; a very high yield paired with a very low multiple usually means the market expects the earnings or the payout to fall.
A high yield is a question, not an answer. The question is: what would have to keep happening for this payment to repeat, and how confident am I in that?
Three Checks Before You Buy a High Yielder
- Is the payment structural or one-off? REIT distributions are mandated. A special dividend from an asset sale is not.
- Does the sector explain it? Compare against the sector median, not the market median. The dividend calendar and sector hubs both help.
- What is the price doing? A 16% yield on a stock that has halved is arithmetic, not income. The price trend on each stock page shows what the yield column hides.
For the mechanics of how the Divvy score weighs yield against debt, returns and growth, read the methodology — dividend yield is one weighted factor among several, never the whole score.
This article is not investment advice. Yields are trailing figures from a single dataset dated 29 October 2026 and will have changed by the time you read this. Past dividends do not guarantee future payments. Do your own research or consult a licensed adviser — see our full disclaimer.