TNB Tenaga building
PETALING JAYA: Utility giant Tenaga Nasional Bhd
(TNB), whose recent dividend payout has surpassed forecast, may have higher dividend payout in store for investors, according to CGS-CIMB Research.
The research firm revised TNB’s dividend payout estimate upwards for the financial years of 2019 to 2021 (FY21-21) to 55%, as compared to 50% previously.
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