YTL offers one of the highest dividend yields

PETALING JAYA: YTL Corp Bhd offers one of the highest dividend yields among the constituent stocks of the FTSE Bursa Malaysia KL Composite Index, noted MIDF Research in initiating coverage on the conglomerate.

MIDF Research said YTL had caught investors by surprise with its generous dividend of 12 sen per share in 2014, which translated into a payout ratio of about 80%.