Dividend - Normal or Special

[SAM] First Interim Dividend on 21-Jul-2022

Announcement Date: 24-May-2022
Related Stock:
SAM
SAM ENGINEERING & EQUIPMENT
Share Registrar:
SAM
SAM ENGINEERING & EQUIPMENT
FY: 31-Mar-2022
Amount

RM 0.0350

  • Ex Date
    21-Jul-2022
  • Entitlement Date
    22-Jul-2022
  • Payment Date
    18-Aug-2022
Description
SAM ENGINEERING & EQUIPMENT announced a quarterly dividend of RM 0.0350 per share. The dividend is payable on 18-Aug-2022, while the ex-date will be on 21-Jul-2022. This is lower than the previous dividend of RM 0.1103 per share, with ex-date of 21-Jul-2021 and paid to the shareholders on 18-Aug-2021.

Ann. Date Ex Date Amount Payment Date

About SAM ENGINEERING & EQUIPMENT
SAM Engineering & Equipment (M) Bhd is a Malaysian company which provides precision machining, equipment integration and automation solutions to aerospace and equipment industries. The company is engaged in providing manufacturing solutions for critical engine parts and other related equipment parts and also on engineering and high precision tooling including large format CNC machining parts. It also provides for the arrangement of equipment engineering and solutions for commercial, semiconductor and other industries. The company manages its business in three segments namely Aerospace, Equipment manufacturing, and Precision engineering and generates the majority of the revenues from its business in Asia.

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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