Dividend for reit\trust

[SUNREIT] Income Distribution on 02-Sep-2022

Announcement Date: 18-Aug-2022
Related Stock:
SUNREIT
SUNWAY REAL ESTATE INVT TRUST
Share Registrar:
SUNREIT
SUNWAY REAL ESTATE INVT TRUST
FY: 31-Dec-2022
Amount

RM 0.0422

  • Ex Date
    02-Sep-2022
  • Entitlement Date
    05-Sep-2022
  • Payment Date
    15-Sep-2022
Description
SUNWAY REAL ESTATE INVT TRUST announced a quarterly dividend of RM 0.0422 per share. The dividend is payable on 15-Sep-2022, while the ex-date will be on 02-Sep-2022. This is higher than the previous dividend of RM 0.0280 per share, with ex-date of 15-Feb-2022 and paid to the shareholders on 25-Feb-2022.

Ann. Date Ex Date Amount Payment Date

About SUNWAY REAL ESTATE INVT TRUST
Sunway Real Estate Investment Trust provides unitholders with a diversified portfolio of retail, hospitality, office and other real estate assets. Sunway REIT divides its property type into four categories: retail, hotel, office, and others. The retail properties, which include shopping malls and hypermarkets, generate the most revenue for the company. The retail properties? tenants include department stores, supermarkets, cinemas, entertainment centres, fashion stores, convention centres, and others. The investment trust focuses on retail and mixed-use assets in cities and townships in Malaysia.

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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