DUTCH LADY MILK INDUSTRIES BHD announced a quarterly dividend of RM 1.1 per share. The dividend is payable on 29-Dec-2016, while the ex-date will be on 13-Dec-2016. This is equivalent to the previous dividend of RM 1.1000 per share, with ex-date of 26-Apr-2016 and paid to the shareholders on 19-May-2016.
Ann. Date
Ex Date
Amount
Payment Date
About DUTCH LADY MILK INDUSTRIES BHD
Dutch Lady Milk Industries is a Malaysia-based company that produces and distributes dairy products. The company?s products include infant formula milk, growing-up milk, ultra-high-temperature processing milk, pasteurised milk, sterilised milk, family powdered milk, low-fat and zero-fat drinking yoghurt, and fruit juice drink. The products are packaged and marketed in various formats under the brand Dutch Lady. The company primarily operates domestically, but it distributes some of its products to surrounding countries in Asia and Oceania. Dutch Lady Milk Industries is owned by Royal FrieslandCampina.
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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