Dividend - Normal or Special

[PWROOT] Interim Dividend on 18-Mar-2024

Announcement Date: 04-Mar-2024
Related Stock:
PWROOT
POWER ROOT BERHAD
Share Registrar:
PWROOT
POWER ROOT BERHAD
FY: 31-Mar-2024
Amount

RM 0.0130

  • Ex Date
    18-Mar-2024
  • Entitlement Date
    19-Mar-2024
  • Payment Date
    09-Apr-2024
Description
POWER ROOT BERHAD announced a quarterly dividend of RM 0.0130 per share. The dividend is payable on 09-Apr-2024, while the ex-date will be on 18-Mar-2024. This is lower than the previous dividend of RM 0.0200 per share, with ex-date of 13-Dec-2023 and paid to the shareholders on 05-Jan-2024.

Ann. Date Ex Date Amount Payment Date

About POWER ROOT BERHAD
Power Root Bhd is an investment holding company, engaged in the production of premixed instant powder beverages in Malaysia. It is also engaged in property development. The group operates principally in Malaysia with the manufacturing and distribution of beverage products (Fast Moving Consumers Goods) being the core business of the group. The company's product range includes Instant and Tin.

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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