Axiata on track to meet guidance on dividend payout for this year

PETALING JAYA: Axiata Group Bhd’s cashflows are sufficient to deliver on its 10 sen a year dividend per share (DPS) guidance, aided by ongoing debt repayment.

The commitment for the 10 sen a year DPS provides support for a 3.9% dividend yield for this year, said CGS International Research (CGSI Research).