Dividend - Normal or Special

[KOSSAN] Interim Dividend on 13-Mar-2024

Announcement Date: 22-Feb-2024
Related Stock:
KOSSAN
KOSSAN RUBBER INDUSTRIES BHD
Share Registrar:
KOSSAN
KOSSAN RUBBER INDUSTRIES BHD
FY: 31-Dec-2023
Amount

RM 0.0200

  • Ex Date
    13-Mar-2024
  • Entitlement Date
    14-Mar-2024
  • Payment Date
    08-Apr-2024
Description
KOSSAN RUBBER INDUSTRIES BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 08-Apr-2024, while the ex-date will be on 13-Mar-2024. This is lower than the previous dividend of RM 0.0250 per share, with ex-date of 07-Mar-2023 and paid to the shareholders on 22-Mar-2023.

Ann. Date Ex Date Amount Payment Date

About KOSSAN RUBBER INDUSTRIES BHD
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber?s revenue is generated through exports outside of Malaysia.

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