Published: Thursday May 6, 2010 MYT 4:26:00 PM
Updated: Thursday May 6, 2010 MYT 4:33:07 PM
By CECILIA KOK cecilia kok@thestar.com.my
KUALA LUMPUR: Telekom Malaysia Bhd (TM) aims to stick to its dividend payout policy of a minimum of RM700mil, or up to 90% of normalised profit after tax and minority interests, whichever is higher, for the financial year ending Dec 31, 2010, said group chief executive officer Datuk Zamzamzairani Mohd Isa.
“The dividend payout would be maintained from the previous financial year,” Zamzamzairani said, after telling reporters on Thursday that the company had obtained shareholders' approval to pay a final gross dividend of 13 sen per share less tax of 25%, or a total of RM348.8mil.
Together with the interim dividend of 10 sen tax exempt amounting to RM357.7mil that was distributed last September, TM's total dividend payout for FY2009 stood at RM706.5mil, or a net of 19.75 sen per share.
“This means TM has successfully fulfilled its dividend obligation to shareholders in the last financial year,” TM chairman Datuk Dr Halim Shafie declared.
TM posted a marginally lower operating revenue of RM8.608bil for FY2009, compared with RM8.674bil in the previous corresponding period.
Net profit stood at RM643mil for FY2009, compared with RM791.9mil for FY2008.
http://biz.thestar.com.my/news/story.asp?file=/2010/5/6/business/20100506163155&sec=business
No comments:
Post a Comment