Dividend - Normal or Special

[SUNWAY] Second Interim Dividend (with Dividend Re-Investment Plan) on 18-Mar-2024

Announcement Date: 05-Mar-2024
Related Stock:
Share Registrar:
FY: 31-Dec-2023

RM 0.0350

  • Ex Date
  • Entitlement Date
  • Payment Date
SUNWAY BERHAD announced a quarterly dividend of RM 0.0350 per share. The dividend is payable on 18-Apr-2024, while the ex-date will be on 18-Mar-2024. This is higher than the previous dividend of RM 0.0200 per share, with ex-date of 20-Sep-2023 and paid to the shareholders on 12-Oct-2023.

Ann. Date Ex Date Amount Payment Date

Sunway Berhad is an investment holding company engaged in providing management services. The Company's segments include Property development, which develops residential and commercial properties; Property investment, which manages, operates and lets a range of properties and invests in real estate investment fund; Construction, which is engaged in construction of building and civil works; Trading and manufacturing, which trades and manufactures construction and industrial products, and imports and distributes pharmaceutical products; Quarry, which quarries, manufactures and supplies premix, manufactures ready-mixed concrete and produces building stones; Investment holdings, which include management, letting, financial and investment services, and Others, which includes the manufacturing of a range of pipes, such as euro tiles, concrete products and others; provision of secretarial, share registration services; underwriting of insurance and financing, and interior design and renovation.

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
Be the first to like this. Showing 0 of 0 comments

Post a Comment