The higher demand from students studying at home and employees working from home due to the conditional movement control order would result in stronger Unifi subscriber growth in the Q4’20 forecast compared with Q3’20.
KUALA LUMPUR: Telekom Malaysia Bhd
(TM) could announce a special dividend in the fourth quarter ended Dec 31,2020 supported by its robust free cash flow of 39.4 sen, according to CGS-CIMB Research.
This is based on the current assumption of a 60% payout ratio for FY20-FY22 dividend per share (DPS) of 17.3 to 21.6 sen) in line with TM’s dividend policy.
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