Dividend - Normal or Special

[TCHONG] Interim Dividend on 08-Jun-2023

Announcement Date: 24-May-2023
Related Stock:
TCHONG
TAN CHONG MOTOR HOLDINGS BHD
Share Registrar:
TCHONG
TAN CHONG MOTOR HOLDINGS BHD
FY: 31-Dec-2023
Amount

RM 0.0100

  • Ex Date
    08-Jun-2023
  • Entitlement Date
    09-Jun-2023
  • Payment Date
    30-Jun-2023
Description
TAN CHONG MOTOR HOLDINGS BHD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 30-Jun-2023, while the ex-date will be on 08-Jun-2023. This is lower than the previous dividend of RM 0.0150 per share, with ex-date of 08-Dec-2022 and paid to the shareholders on 23-Dec-2022.

Ann. Date Ex Date Amount Payment Date

About TAN CHONG MOTOR HOLDINGS BHD
Tan Chong Motor Holdings Berhad is primarily an automotive manufacturer based in Malaysia. The company conducts its businesses through three segments, namely, Vehicles segment, Financial Services, and others. The Vehicles segment is its core business and is a major revenue generator. It is focused on the assembly and distribution of passenger and commercial vehicles, automotive workshop services, distribution of automotive spare parts and manufacturing of automotive parts. The Financial Services segment provides hire purchase financing, personal loans and insurance agency services and Other operations segment is engaged in property and investment holding activities.

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.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment