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The company's new dividend policy has now been in action for exactly one year, and it guarantees shareholders at least 50 per cent of underlying attributable profits every six months.
Underlying attributable profit plunged to $412 million from $4.89 billion a year earlier, missing analysts' forecasts for around $585 million, as commodities prices plummeted to multi-year lows.
The policy requires the board to pay out a minimum of 50 per cent of underlying attributable profit every six months, and then consider whether an additional payout is warranted.
Net attributable profit, which was released to the stock exchange later, was 825.7 million ringgit against 200.3 million ringgit in the prior-year period.