KUALA LUMPUR: Tenaga Nasional Berhad (TNB) has declared a dividend of 51 sen per share—the highest in four years—returning more than RM2.96 billion to shareholders and reinforcing its role in fostering responsible growth and national development.
The payout aligns with TNB’s 60% dividend policy and benefits millions of Malaysians, with over 60% of its shares held by Government-Linked Investment Companies (GLICs), including Permodalan Nasional Berhad (PNB), Employees Provident Fund (EPF), Khazanah Nasional, Kumpulan Wang Persaraan (KWAP), and Lembaga Tabung Haji (LTH).
At its 35th Annual General Meeting, Chairman Tan Sri Abdul Razak Abdul Majid said, “These distributions ultimately reach millions of Malaysians, reinforcing national savings, retirement security, and broad-based financial wellbeing.”
Beyond financial returns, TNB reaffirmed its commitment to nation-building through long-term investments in education, community development, and sustainability initiatives. In 2024, the utility giant contributed RM874.7 million in taxes and zakat, alongside RM140.9 million for programmes in education, sports, environment, and community outreach.
Key initiatives include Phase 11 of its Village Street Lighting Programme, which will see the installation of over 14,000 energy-efficient LED streetlights across rural areas, enhancing safety, connectivity, and economic inclusion.
President and CEO Datuk Ir Megat Jalaluddin Megat Hassan emphasised the company’s forward-looking approach: “Our strategy is clear. We aim to maintain robust performance while generating long-term value for the rakyat through responsible returns and meaningful impact.”
TNB’s achievements in 2024 were underpinned by favourable macroeconomic conditions, including a strengthening ringgit and Malaysia’s 5.1% GDP growth. Strong industrial and commercial demand, spurred by RM378.5 billion in approved investments (MITI), also contributed to the company’s performance.
With RM11.2 billion invested in capital expenditure last year, TNB accelerated grid modernisation to support Malaysia’s energy transition under the Ekonomi MADANI framework. Key upgrades enabled greater renewable energy integration and improved network resilience across Peninsular Malaysia.
TNB also reported a Customer Satisfaction Index score of 87% and secured an MSCI ESG rating upgrade to ‘A’, reflecting its leadership in sustainability through emissions reductions, water efficiency, and renewable energy adoption.
“These achievements are not just numbers—they reflect our long-standing commitment to delivering reliable infrastructure, promoting inclusive growth, and supporting national aspirations,” TNB stated.
