Tenaga Nasional Bhd (Tenaga Nasional Bhd) Dividend Payout Ratio

: 1.16 (As of Sep. 2023)

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Tenaga Nasional Bhd's dividend payout ratio for the months ended in Sep. 2023 was 1.16.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tenaga Nasional Bhd is 0.94, which seems too high.

The historical rank and industry rank for Tenaga Nasional Bhd's Dividend Payout Ratio or its related term are showing as below:

TNABY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.44 Max: 0.92
Current: 0.92

During the past 13 years, the highest Dividend Payout Ratio of Tenaga Nasional Bhd was 0.92. The lowest was 0.22. And the median was 0.44.

TNABY's Dividend Payout Ratio is ranked worse than
85.33% of 368 companies
in the Utilities - Regulated industry
Industry Median: 0.535 vs TNABY: 0.92

As of today (2024-04-16), the Dividend Yield % of Tenaga Nasional Bhd is 3.92%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tenaga Nasional Bhd was 5.17%. The lowest was 1.35%. And the median was 3.46%.

Tenaga Nasional Bhd's Dividends per Share for the months ended in Sep. 2023 was $0.15.

During the past 12 months, Tenaga Nasional Bhd's average Dividends Per Share Growth Rate was 15.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 29.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tenaga Nasional Bhd was 317.00% per year. The lowest was -67.10% per year. And the median was 6.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Tenaga Nasional Bhd Dividend Payout Ratio Historical Data

The historical data trend for Tenaga Nasional Bhd's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tenaga Nasional Bhd Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

0.74

0.69

0.66

0.56

0.65

Tenaga Nasional Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio																1.29	-	1.55	-	1.16

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Tenaga Nasional Bhd's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tenaga Nasional Bhd Dividend Payout Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Tenaga Nasional Bhd's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tenaga Nasional Bhd's Dividend Payout Ratio falls into.

Tenaga Nasional Bhd Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tenaga Nasional Bhd's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.335	/	0.513
	=	0.65

Tenaga Nasional Bhd's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	0.149	/	0.128
	=	1.16

Tenaga Nasional Bhd (OTCPK:TNABY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Tenaga Nasional Bhd Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tenaga Nasional Bhd's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tenaga Nasional Bhd (Tenaga Nasional Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tenaga Nasional Bhd (OTCPK:TNABY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

5347:Malaysia

Address

No. 3, Jalan Bukit Pantai, Tingkat 16, Tower A, TNB Platinum, Pejabat Setiausaha Syarikat, Bangsar, Kuala Lumpur, SGR, MYS, 59100

Website

https://www.tnb.com.my

Tenaga Nasional Bhd, or TNB, is the largest electric utility company in Malaysia. The company is involved in the generation, transmission, distribution, and sale of electricity. TNB segments its operations into a generation division, a transmission division, and a distribution division. The generation division encompasses the company's portfolio of thermal and hydroelectric power plants located throughout Malaysia. Through its subsidiaries, TNB also engages in other energy-related operations, such as the manufacturing of transformers and the providing of consulting services. The company primarily generates revenue through the sale of electricity in West Malaysia. Its customers are mainly commercial operations, domestic consumers, and large industrial entities.

Tenaga Nasional Bhd (Tenaga Nasional Bhd) Headlines

From GuruFocus

Tenaga Nasional Bhd Stock Appears To Be Modestly Undervalued

By GF Value • 07-10-2021