Tenaga Nasional Berhad (OTCMKTS:TNABY) Sets New 12-Month High – Here’s Why

Tenaga Nasional Berhad (OTCMKTS:TNABYGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as $15.24 and last traded at $15.24, with a volume of 1530 shares. The stock had previously closed at $13.24.

Tenaga Nasional Berhad Price Performance

The company has a market capitalization of $22.05 billion, a price-to-earnings ratio of 33.13 and a beta of -0.15. The firm’s fifty day moving average price is $13.40 and its 200-day moving average price is $11.69.

Tenaga Nasional Berhad Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, September 30th will be issued a $0.2045 dividend. The ex-dividend date of this dividend is Monday, September 30th.

About Tenaga Nasional Berhad

(Get Free Report)

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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