SOLID AUTOMOTIVE BHD announced a quarterly dividend of RM 0.0060 per share. The dividend is payable on 24-Oct-2024, while the ex-date will be on 09-Oct-2024. This is higher than the previous dividend of RM 0.0030 per share, with ex-date of 10-Jan-2023 and paid to the shareholders on 30-Jan-2023.
Ann. Date
Ex Date
Amount
Payment Date
About SOLID AUTOMOTIVE BHD
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company operates through three segments. Its Automotive electrical parts segments are involved in the trading and distribution of automotive electrical parts and components. The Automotive engine and mechanical parts segment consist of trading and distribution of automotive engine and mechanical parts and components. The Other segment comprises of property and investment holding and provision of management services. The company has its operations in Malaysia, Middle East, and African countries.
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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