SELANGOR DREDGING BHD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 14-Oct-2024, while the ex-date will be on 03-Oct-2024. This is higher than the previous dividend of RM 0.0250 per share, with ex-date of 02-Oct-2023 and paid to the shareholders on 13-Oct-2023.
Ann. Date
Ex Date
Amount
Payment Date
About SELANGOR DREDGING BHD
Selangor Dredging Bhd is engaged in property management, property leasing, and hotel management. The company?s segments are Property investment engaged in letting of commercial properties; Hotel operations engaged in operating the hotel and related services; Investment holding; Property development; and Management services that provides management and property support services. Majority of the revenue is derived from property development business. The company?s operations are spread across Malaysia and Singapore.
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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