Dividend for reit\trust

[ALSREIT] Income Distribution on 27-Jan-2022

Announcement Date: 27-Jan-2022
Related Stock:
ALSREIT
AL-SALAM REAL ESTATE INVESTMENT TRUST
Share Registrar:
ALSREIT
AL-SALAM REAL ESTATE INVESTMENT TRUST

FY: 31-Dec-2021

Amount

RM 0.0180

  • Ex Date
    11-Feb-2022
  • Entitlement Date
    14-Feb-2022
  • Payment Date
    28-Feb-2022


Description
Final income distribution of 1.80 sen per unit for the financial year ending 31 December 2021 (of which 1.61 sen per unit is taxable and 0.19 sen per unit is non-taxable in the hands of unit holders). Withholding tax will be deducted for distribution made to the following types of unit holders :- - Tax Resident Companies (no withholding tax) - Resident and Non-Resident Individuals (withholding tax rate at 10%) - Resident Institutional Investors (withholding tax rate at 10%) - Non-Resident Institutional Investors (withholding tax rate at 10%) - Non-Resident Companies (withholding tax rate at 24%) - Nominees (withholding tax rates applicable to respective beneficial owners of the units)

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 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