SELANGOR: Malaysia’s largest home improvement retailer, MR D.I.Y Group (M) Bhd, has declared a second interim dividend of RM123.2 million and an additional dividend of RM189.6 million for Q2 ended June 30, 2026 (FY26).
These bring the total dividends for the first half (1H) of FY26 to RM464.4 million.
Commenting on the dividends, MR. D.I.Y. CEO Adrian Ong said the payouts reflect the group’s confidence in the long-term financial strength and commitment to delivering sustainable shareholder returns.
“Supported by strong operating cash flows and a healthy financial position, we remain well placed to reward shareholders while continuing to invest in our long-term growth priorities,” he said.
MR. D.I.Y.’s revenue for 1H FY26 and Q2 FY26 rose to RM2.6 billion and RM1.3 billion, respectively, driven primarily by contributions from new stores.
Transaction volumes increased by 9.8% year-on-year (YoY) to 106.2 million in 1H FY26 and by 7.3% YoY to 52.0 million in Q2 FY26.
The group’s store network expanded by 7.2% YoY to 1,610 stores.
To strengthen customer engagement and encourage repeat purchases, the group introduced MR.DIY Club, its first loyalty programme, which offers Malaysians rewards on everyday spending and allows family members to accumulate and share points.
Its Family Account feature allows up to five members to link their memberships and combine points under one shared account, a unique offering that helps families unlock rewards faster.
Insights from the programme will help the Group better understand changing customer needs and continue enhancing its products, benefits, and shopping experience.
Gross profit (GP) increased by 7.0% YoY to RM1.3 billion in 1H FY26 and by 2.9% YoY to RM596.2 million in Q2 FY26, supported by higher revenue.
GP margin for Q2 FY26 remained broadly stable at 47.4%, as lower import costs from the stronger ringgit were balanced by targeted promotional campaigns.
Profit after tax (PAT) for 1H FY26 and Q2 FY26 was RM326.4 million and RM134.4 million, declining 1.9% YoY and by 15.2% YoY, respectively.
This mainly reflected higher staff, utility, and depreciation costs associated with the expanded store network, as well as SST on rental expenses effective July 2025.
For Q2 FY26, the group declared an interim dividend totalling RM123.2 million and an additional interim dividend of RM189.6 million.
This brings total dividends for 1H FY26 to RM464.4 million, a 69.2% increase YoY and representing a cumulative payout ratio of 142.3%.
Based on total dividends of 10.0 sen over the trailing four quarters, including the Q2 FY26 dividend, this translates to a dividend yield of 6.6% at a closing share price of RM1.52.
