Dividend - Normal or Special

[YOCB] Interim Dividend on 27-Jun-2023

Announcement Date: 25-May-2023
Related Stock:
YOCB
YOONG ONN CORPORATION BERHAD
Share Registrar:
YOCB
YOONG ONN CORPORATION BERHAD
FY: 30-Jun-2023
Amount

RM 0.0350

  • Ex Date
    27-Jun-2023
  • Entitlement Date
    28-Jun-2023
  • Payment Date
    25-Jul-2023
Description
YOONG ONN CORPORATION BERHAD announced a quarterly dividend of RM 0.0350 per share. The dividend is payable on 25-Jul-2023, while the ex-date will be on 27-Jun-2023. This is higher than the previous dividend of RM 0.0300 per share, with ex-date of 21-Dec-2022 and paid to the shareholders on 19-Jan-2023.

Ann. Date Ex Date Amount Payment Date

About YOONG ONN CORPORATION BERHAD
Yoong Onn Corp Bhd is an integrated designer, manufacturer, distributor and retailer of home linen and bedding accessories. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals, and the royal customs. The company is organized into three principal operating division, Manufacturing; Distribution and Trading; and Retailing. Its primary geographic markets are Malaysia, Singapore, and others. Malaysia contributes the vast majority of total 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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