Maybank is the tailo for the banks and one that offers good dividend. if you are buying for it's dividend, it should be long term and you do not need to average down every few cents. you can either choose dollar cost averaging (dca - fix amount$ invested over a period of time consistently) or add when it is selling below it's intrinsic value. the focus should be on dividend and not capital appreciation. capital appreciation is a bonus.

imo - average dividend for the last 5 years is approx 0.51 cents, and at 1.5x p/b, the high end price of Maybank would be $10.5. based on the assumptions, the intrinsic value by ddm would be $8.40. current price is close to its intrinsic value. Just my opinions, could be wrong and hope it helps with your research.