SUCCESS TRANSFORMER CORP BHD announced a quarterly dividend of RM 0.0150 per share. The dividend is payable on 21-Aug-2024, while the ex-date will be on 31-Jul-2024. This is higher than the previous dividend of RM 0.0140 per share, with ex-date of 27-Oct-2023 and paid to the shareholders on 28-Nov-2023.
Ann. Date
Ex Date
Amount
Payment Date
About SUCCESS TRANSFORMER CORP BHD
Success Transformer Corp Bhd is engaged in the design, manufacturing, and distribution of electrical apparatus, industrial lighting and process equipment. The business operates in segments that include Transformers, Lighting, and Related Products, which manufacture and market electrical apparatus industrial lighting and metal products focusing on metal casing and stamping parts; and Process Equipment, which fabricates process equipment and metal structures and the provision of maintenance, repair and shutdown works. The Transformers, Lighting, and Related Products generate maximum revenue for the company. It exports its products to the People?s Republic of China.
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.
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