Tenaga Nasional Berhad (KLSE:TENAGA) Is About To Go Ex-Dividend, And It Pays A 3.6% Yield [Yahoo! Finance]
TENAGA NASIONAL BERHD ADR (TNABY)
NASDAQ:AMEX Investor Relations:
tnb.com.my/contact-us/investor-relations
Company Research
Source: Yahoo! Finance
Tenaga Nasional Berhad KLSE:TENAGA ) is about to go ex-dividend in just three days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Meaning, you will need to purchase Tenaga Nasional Berhad's shares before the 27th of September to receive the dividend, which will be paid on the 17th of October. The company's next dividend payment will be RM00.25 per share. Last year, in total, the company distributed RM0.53 to shareholders. Based on the last year's worth of payments, Tenaga Nasional Berhad has a trailing yield of 3.6% on the current stock price of RM014.64. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be p
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