Tenaga Nasional Berhad (OTCMKTS:TNABY - Get Free Report)'s stock price was up 7.6% during mid-day trading on Wednesday . The stock traded as high as $9.82 and last traded at $9.82. Approximately 398 shares traded hands during trading, a decline of 52% from the average daily volume of 824 shares. The stock had previously closed at $9.12.
Tenaga Nasional Berhad Trading Up 7.6 %
The business has a 50-day moving average of $9.10 and a two-hundred day moving average of $8.68. The company has a quick ratio of 1.23, a current ratio of 1.30 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of $14.21 billion, a price-to-earnings ratio of 21.35 and a beta of -0.11.
Tenaga Nasional Berhad Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, April 29th. Shareholders of record on Friday, March 29th will be issued a $0.2091 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change from Tenaga Nasional Berhad's previous dividend of $0.14. Tenaga Nasional Berhad's payout ratio is 91.31%.
Tenaga Nasional Berhad Company Profile
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Tenaga Nasional Berhad engages in the generation, transmission, distribution, and sale of electricity in Malaysia and internationally. The company operates and maintains thermal generation facilities and hydroelectric power generating schemes; and manages and operates the National Grid that is connected to Thailand's transmission system, as well as Singapore's transmission system at Senoko.
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