TNB has an extensive fibre optic network, present in its transmission lines and main substations, which can be utilised to expand high speed broadband access into rural areas.
KUALA LUMPUR: Tenaga Nasional Bhd
(TNB) is the top gainer on Bursa Malaysia on Wednesday as the company turned ex-dividend today.
At 4pm, it was up 24 sen to RM15.88. There were 2.8 million shares traded at prices ranging from RM15.92 to RM15.66.
Last month, TNB announced a one-month net profit of RM603.9mil last December, resulting in total earnings of RM2.76bil for the final four months of 2017.
Based on the performance, the national utility group has proposed a final single-tier dividend of 21.41 sen per share in respect of the financial period ended Dec 31, 2017.
The ex date for the dividend is April 4, while the entitlement is on April 6.
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