LUXCHEM CORPORATION BHD announced a quarterly dividend of RM 0.0080 per share. The dividend is payable on 21-Mar-2024, while the ex-date will be on 06-Mar-2024. This is higher than the previous dividend of RM 0.0060 per share, with ex-date of 09-Aug-2023 and paid to the shareholders on 30-Aug-2023.
Ann. Date
Ex Date
Amount
Payment Date
About LUXCHEM CORPORATION BHD
Luxchem Corp Bhd is a Malaysia based company engaged in the import, export, and distribution of petrochemical and other related products. It operates through two reportable segments namely Trading and Manufacturing. The Trading segment comprises of import, export, and distribution of petrochemical and other related products. The Manufacturing segment engages in manufacturing and trading of unsaturated polyester resin and related products; and manufacturing and trading of latex chemical dispersions, latex processing chemicals, and related products for the latex industry. Geographically, the firm has its presence across the region of Malaysia, Vietnam, Indonesia, Thailand, Singapore, Bangladesh, and Australia.
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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