PETALING JAYA: Maxis Bhd
’s subdued near-term capital expenditure allows room for gradual dividend hikes and balance sheet deleveraging, according to Hong Leong Investment Bank (HLIB) Research.
The research house said Maxis can gradually raise its dividend per share back to 20 sen per share from 17 sen in financial year 2024 (FY24), as the dual 5G networks policy development is still pending.
