ELK-DESA RESOURCES BERHAD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 18-Dec-2024, while the ex-date will be on 03-Dec-2024. This is lower than the previous dividend of RM 0.0300 per share, with ex-date of 06-Jun-2024 and paid to the shareholders on 20-Jun-2024.
Ann. Date
Ex Date
Amount
Payment Date
About ELK-DESA RESOURCES BERHAD
ELK-Desa Resources Bhd is Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and Trading of furniture segment is involved in the business of trading, export, wholesaling and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....