INVESTORS could be in for some pleasant surprises if public listed companies keep up with the present trend of rewarding shareholders with more generous dividends, a JP Morgan Malaysia report said.
In a preview of the current reporting season, the firm's head of research, Melvyn Boey, noted that the majority of companies that had just announced results for the third quarter of 2004 had surprised the market with high dividends although their reported earnings had mostly been in line with expectations.
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