Dividend - Normal or Special

[HEXRTL] Interim Dividend on 12-Apr-2023

Announcement Date: 29-Mar-2023
Related Stock:
HEXRTL
HEXTAR RETAIL BERHAD
Share Registrar:
HEXRTL
HEXTAR RETAIL BERHAD
FY: 31-Dec-2023
Amount

RM 0.0550

  • Ex Date
    12-Apr-2023
  • Entitlement Date
    13-Apr-2023
  • Payment Date
    28-Apr-2023
Description
HEXTAR RETAIL BERHAD announced a quarterly dividend of RM 0.0550 per share. The dividend is payable on 28-Apr-2023, while the ex-date will be on 12-Apr-2023. This is higher than the previous dividend of RM 0.0300 per share, with ex-date of 11-Dec-2020 and paid to the shareholders on 04-Jan-2021.

Ann. Date Ex Date Amount Payment Date

About HEXTAR RETAIL BERHAD
Classic Scenic Bhd is a Malaysia-based investment holding company. Geographically it operates through the region North America, Australia, and Malaysia. The company's North America segment involves in the sale of the wooden picture frame. Its products include wooden picture frame length mouldings, specializing in wood stain finish, plain and decorative hot stamping, matt and gloss lacquering, washed and distressed finish and veneer. The Australia segment is also engaged in the sale of the wooden picture frame. The firm engages in the sale of the wooden picture frame in Europe, Japan, and Singapore. Most of its revenues are generated from its business in North America.

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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