Dividend - Normal or Special

[GTRONIC] Special Dividend on 12-Mar-2024

Announcement Date: 23-Feb-2024
Related Stock:
GTRONIC
GLOBETRONICS TECHNOLOGY BHD
Share Registrar:
GTRONIC
GLOBETRONICS TECHNOLOGY BHD
FY: 31-Dec-2023
Amount

RM 0.0100

  • Ex Date
    12-Mar-2024
  • Entitlement Date
    13-Mar-2024
  • Payment Date
    22-Mar-2024
Description
GLOBETRONICS TECHNOLOGY BHD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 22-Mar-2024, while the ex-date will be on 12-Mar-2024. This is equivalent to the previous dividend of RM 0.0100 per share, with ex-date of 12-Mar-2024 and paid to the shareholders on 22-Mar-2024.

Ann. Date Ex Date Amount Payment Date

About GLOBETRONICS TECHNOLOGY BHD
Globetronics Technology Bhd develops and manufactures integrated circuits, light-emitting diode components, encoders and sensors, quartz crystal products, timing devices, and related products. Sensors are the leading revenue contributor for the company. Globetronics builds its sensors and encoders for a variety of automation and industrial applications. Sales volume is also significantly dependent on revenue generated from quartz crystal and timing devices. These devices are used in a multitude of electronic products, such as mobile devices, GPS, and PCs. Sales are primarily in Asian markets, with the United States accounting for a significant share.

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.

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

Post a Comment