Dividend for reit\trust

[ALSREIT] Income Distribution on 02-Feb-2023

Announcement Date: 02-Feb-2023
Related Stock:
ALSREIT
AL-SALAM REAL ESTATE INVESTMENT TRUST
Share Registrar:
ALSREIT
AL-SALAM REAL ESTATE INVESTMENT TRUST
FY: 31-Dec-2022
Amount

RM 0.0150

  • Ex Date
    16-Feb-2023
  • Entitlement Date
    17-Feb-2023
  • Payment Date
    28-Feb-2023
Description
Final income distribution of 1.50 sen per unit for the financial year ended 31 December 2022 (taxable in the hands of unit holders) in respect of the period from 1 October to 31 December 2022. Withholding tax will be deducted for distribution made to the following types of unit holders :- - Tax Resident Companies (no withholding tax) - Resident and Non-Resident Individuals (withholding tax rate at 10%) - Resident Institutional Investors (withholding tax rate at 10%) - Non-Resident Institutional Investors (withholding tax rate at 10%) - Non-Resident Companies (withholding tax rate at 24%) - Nominees (withholding tax rates applicable to respective beneficial owners of the units)

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 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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