Dividend - Normal or Special

[MCEHLDG] Interim Dividend on 15-Apr-2024

Announcement Date: 26-Mar-2024
Related Stock:
MCEHLDG
MCE HOLDINGS BERHAD
Share Registrar:
MCEHLDG
MCE HOLDINGS BERHAD
FY: 31-Jul-2024
Amount

RM 0.0150

  • Ex Date
    15-Apr-2024
  • Entitlement Date
    16-Apr-2024
  • Payment Date
    30-Apr-2024
Description
MCE HOLDINGS BERHAD announced a quarterly dividend of RM 0.0150 per share. The dividend is payable on 30-Apr-2024, while the ex-date will be on 15-Apr-2024. This is lower than the previous dividend of RM 0.0300 per share, with ex-date of 13-Oct-2023 and paid to the shareholders on 30-Oct-2023.

Ann. Date Ex Date Amount Payment Date

About MCE HOLDINGS BERHAD
MCE Holdings Bhd is Malaysia-based holding firm. The company is engaged in manufacturing and supply of automotive electronics and mechatronics parts. The company operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contributes a major part of revenue and Healthcare services segment comprises of various health care services. The company product portfolio includes products like anti-theft and keyless entry systems, passive start and entry systems, immobilizer systems, parking sensors systems, microwave motion, ignition key set systems, as well as anti-hijack and related auto parts. Most of its revenue comes from the Malaysian market.

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.

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment