Dividend - Normal or Special

[PADINI] Third Interim Dividend on 14-Mar-2024

Announcement Date: 27-Feb-2024
Related Stock:
Share Registrar:
FY: 30-Jun-2024

RM 0.0250

  • Ex Date
  • Entitlement Date
  • Payment Date
PADINI HOLDINGS BHD announced a quarterly dividend of RM 0.0250 per share. The dividend is payable on 29-Mar-2024, while the ex-date will be on 14-Mar-2024. This is equivalent to the previous dividend of RM 0.0250 per share, with ex-date of 15-Dec-2023 and paid to the shareholders on 29-Dec-2023.

Ann. Date Ex Date Amount Payment Date

Padini Holdings Berhad is a Malaysia-based investment holding company. The Company offers garments, shoes and fashion accessories under a range of brands. The Company operates through five segments: Vincci Ladies' Specialties Centre Sdn. Bhd. (Vincci), Padini Corporation Sdn. Bhd. (Padini Corporation), Seed Corporation Sdn. Bhd. (Seed), Yee Fong Hung (Malaysia) Sendirian Berhad (Yee Fong Hung) and Mikihouse Children's Wear Sdn. Bhd. (Mikihouse). The Vincci segment offers brands, such as Tizio, Vincci and Vincci Accessories. The Padini Corporation segment offers brands, such as Padini, Padini Authentics and PDI. The Seed segment offers brands, such as Seed and Seed Cafe. The Yee Fong Hung segment offers brands, such as Brands Outlet and P&Co. The Mikihouse segment offers Miki Kids brand. It operates free-standing stores, consignment counters and franchise stores. It exports products to the United Arab Emirates, Oman, Syria, Qatar, Bahrain, Pakistan, Egypt, Morocco, Kuwait and Thailand.

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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