Dividend - Normal or Special

[GAMUDA] Special Dividend on 13-Dec-2022

Announcement Date: 22-Nov-2022
Related Stock:
GAMUDA
GAMUDA BHD
Share Registrar:
GAMUDA
GAMUDA BHD
FY: 31-Jul-2023
Amount

RM 0.3800

  • Ex Date
    13-Dec-2022
  • Entitlement Date
    14-Dec-2022
  • Payment Date
    23-Dec-2022
Description
GAMUDA BHD announced a quarterly dividend of RM 0.3800 per share. The dividend is payable on 23-Dec-2022, while the ex-date will be on 13-Dec-2022. This is higher than the previous dividend of RM 0.0600 per share, with ex-date of 04-Aug-2022 and paid to the shareholders on 02-Sep-2022.

Ann. Date Ex Date Amount Payment Date

About GAMUDA BHD
Gamuda Bhd is one of Malaysia's largest firms in infrastructure and property development. It helps construct highways, plants, ports, and other industrial developments to aid connectivity throughout select regions, and develops residential and commercial communities catering to various lifestyle needs. The company has three core business divisions: engineering and construction, property development, and infrastructure concessions (approximately half of total revenue). Concessions granted from government authorities pertain to operating highways and water management. Gamuda operates highway tolls and works to minimize traffic congestion. As a water provider, it utilizes a multistep process to supply fresh clean water.

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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