Khazanah pays higher dividends despite fall in profit

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Published Jan 13, 2016

Sovereign wealth fund Khazanah Nasional declared higher dividends to the government in 2015 despite a 63% plunge year-on-year in pre-tax profit, retaining just 10% of its earnings going into 2016.
When asked on the high dividend payout ratio, Khazanah managing director Azman Mokhtar said there are technicalities involved in respect of the fund’s dividend policy but stresses it was not an arbitrary decision

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Khazanah pays higher dividends despite fall in profit

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