SHAREHOLDERS of Tanjong plc were pleasantly surprised last week when the diversified power and gaming company announced a generous dividend of 28 sen less tax per share. The good news came after Tanjong reported a splendid full-year financial results where net profit rose by 100 per cent to RM323.1 million.
Analysts say the gross final dividend of 28 sen per share was an improvement over 22 sen declared in the same period a year ago. Many believe Tanjong may announce higher dividends in coming years.