Dividend - Normal or Special

[ECOWLD] First Interim Dividend on 06-Jul-2022

Announcement Date: 16-Jun-2022
Related Stock:
ECOWLD
ECO WORLD DEVELOPMENT GROUP BERHAD
Share Registrar:
ECOWLD
ECO WORLD DEVELOPMENT GROUP BERHAD
FY: 31-Oct-2022
Amount

RM 0.0200

  • Ex Date
    06-Jul-2022
  • Entitlement Date
    07-Jul-2022
  • Payment Date
    21-Jul-2022
Description
ECO WORLD DEVELOPMENT GROUP BERHAD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 21-Jul-2022, while the ex-date will be on 06-Jul-2022. This is equivalent to the previous dividend of RM 0.0200 per share, with ex-date of 14-Feb-2022 and paid to the shareholders on 28-Feb-2022.

Ann. Date Ex Date Amount Payment Date

About ECO WORLD DEVELOPMENT GROUP BERHAD
Eco World Development Group Bhd is a Malaysian property development company. The company has development projects including new townships, integrated commercial developments, luxury high-rise apartments, and green business parks. The company's projects are spread across three economic areas of Malaysia: Klang Valley, Iskandar Malaysia, and Penang. Some of the company's key projects are Eco Grandeur, Eco Ardence, Eco Business Park, and Eco Bloom. The company's business can be divided into revenue generating areas to include the sale of completed properties and other goods, the sale of properties under development, and construction contracts. The company derives a majority of its revenue from the sale of properties.

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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