Dividend - Normal or Special

[KAREX] Final Dividend on 05-Dec-2018

Announcement Date: 09-Oct-2018
Related Stock:
KAREX
KAREX BERHAD
Share Registrar:
KAREX
KAREX BERHAD
FY: 30-Jun-2018
Amount

RM 0.005

  • Ex Date
    05-Dec-2018
  • Entitlement Date
    07-Dec-2018
  • Payment Date
    20-Dec-2018
Description
KAREX BERHAD announced a quarterly dividend of RM 0.005 per share. The dividend is payable on 20-Dec-2018, while the ex-date will be on 05-Dec-2018. This is lower than the previous dividend of RM 0.01 per share, with ex-date of 06-Dec-2017 and paid to the shareholders on 18-Dec-2017.

Ann. Date Ex Date Amount Payment Date

About KAREX BERHAD
Karex Bhd is a Malaysia-based company that is principally engaged in manufacturing and selling condoms, sterile catheters, latex probe covers, lubricating jelly, latex sleeve, rubber finger gloves, hand gloves, and other rubber products. The company operates business through a number of subsidiaries based in Malaysia, Thailand, Hong Kong, the United States, and Europe. The company generates the majority of its revenue from the condoms business. The company has a presence in Asia, Africa, the Americas, and Europe, with overseas markets accounting for most of its total revenue.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

How to apply
No application is needed. Shareholders that fulfill the requirement above will receive the dividend in their registered bank account on the payment date automatically.

Discussions
Be the first to like this. Showing 1 of 1 comments

Tashan

Why bother?

2018-10-09 18:03

Post a Comment