Optimistic outlook for utility sector


TNB is Kenanga Research's top pick for the sector.

PETALING JAYA: The outlook for the utility sector in the year ahead remains positive, with earnings resilience backed by regulated assets for power and gas utility companies.

The earnings defensiveness of the utility industry, in turn, is expected to support decent dividend yields, thus rendering the sector an attractive investment area for yield seekers.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Utilities , Kenanga , TNB , earnings , dividendyields

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