gloveharicut

TOPGLOV - THE BOARD'S COMMITMENT ON SPECIAL DIVIDEND & 70% dividend payout ratio

gloveharicut
Publish date: Mon, 04 Jan 2021, 02:27 PM
Does Glove need a haircut?

{{{PM me to join GLOVE Private Discussion Room}}}

I invite you to read my blog and make a smart GLOVE decision.

https://klse.i3investor.com/blogs/gloveharicut/blidx.jsp

 

I am not sure the vaccine is useful or not. CEO have better answer.

 

Do you have to wear GLOVES to give a vaccine shot?

I am holding my GLOVES. I will only sell when ASP come down but not stock price come down.


I buy vaccine logistic by using the GLOVEs profit as hedging to vaccine news.

 

I am reproducing the official announcement to my blog.

This post don't have any value added content.

Compile here for my own record.

Please skip if you don't like it.


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3118323

 

OTHERS TOP GLOVE CORPORATION BHD ("TOP GLOVE" OR THE "COMPANY") THE BOARD'S COMMITMENT ON SPECIAL DIVIDEND

TOP GLOVE CORPORATION BHD

 

Type Announcement
Subject OTHERS
Description
TOP GLOVE CORPORATION BHD ("TOP GLOVE" OR THE "COMPANY")
THE BOARD'S COMMITMENT ON SPECIAL DIVIDEND

In consideration of the good profit performance and strong cash flow, and to reward its shareholders, the Board of Top Glove has committed to a Special Dividend of 20%, in addition to its existing dividend policy of a 50% dividend payout ratio on PATAMI, for 2nd Quarter to 4th Quarter of Financial Year 2021. The total 70% dividend payout ratio on PATAMI will commence from 2nd Quarter of FY2021.

 

The announcement is made on 4 January 2021.


 

 

 

 

 


 

 

 

Announcement Info

Company Name TOP GLOVE CORPORATION BHD
Stock Name TOPGLOV
Date Announced 04 Jan 2021
Category General Announcement for PLC
Reference Number GA1-04012021-00002


 

 

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3118323

Related Stocks
Discussions
Be the first to like this. Showing 8 of 8 comments

witan

Thank you Tan Sri. Can sleep well with FAT Dividend in 2021

2021-01-04 14:39

sensonic

I WILL WITHDRAW MY FD 2MIL AND SWITCH TO TOP GLOVES FOR DIVIDEND TOMORROW.

2021-01-04 18:21

calvintaneng

Fcpo jan 2021 now Rm3980
Only Rm20 more to world record of Rm4000

soon glove bull run will transit to palm oil bull run

2021-01-06 11:16

551510510407

whats the potential for careplus ?

2021-01-06 11:27

551510510407

is it still worth holding on to ?

2021-01-06 11:28

gohkimhock

Just a simple question. Is it every year or one time only? The answer will decide TopGlove's fate.

2021-01-06 11:31

gohkimhock

The current price of RM5.75 x 3 = RM17.25 is still very, very expensive.

2021-01-06 11:33

Post a Comment