UNIMECH GROUP BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 29-Dec-2022, while the ex-date will be on 12-Dec-2022. This is lower than the previous dividend of RM 0.0300 per share, with ex-date of 13-Jul-2022 and paid to the shareholders on 27-Jul-2022.
Ann. Date
Ex Date
Amount
Payment Date
About UNIMECH GROUP BHD
Unimech Group Bhd is a Malaysia based company involved in metal fabrication business. The company's business segment includes Valves, Instrumentation and Fittings, Electronic, and Pumps. The group also gives consultation on air pollution control, exhaust stock design, plant and process monitoring and recording systems. They export their products to Singapore, Indonesia, Thailand, China, Vietnam, Australia, and the USA. Domestic sales generate more revenue for the company while the Valves, Instrumentation and Fittings segment generates maximum revenue.
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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