Dividend - Normal or Special

[CRESNDO] Special Dividend on 24-Apr-2024

Announcement Date: 27-Mar-2024
Related Stock:
CRESNDO
CRESCENDO CORPORATION BHD
Share Registrar:
CRESNDO
CRESCENDO CORPORATION BHD
FY: 31-Jan-2024
Amount

RM 0.1300

  • Ex Date
    24-Apr-2024
  • Entitlement Date
    25-Apr-2024
  • Payment Date
    15-May-2024
Description
CRESCENDO CORPORATION BHD announced a quarterly dividend of RM 0.1300 per share. The dividend is payable on 15-May-2024, while the ex-date will be on 24-Apr-2024. This is higher than the previous dividend of RM 0.0500 per share, with ex-date of 24-Apr-2024 and paid to the shareholders on 15-May-2024.

Ann. Date Ex Date Amount Payment Date

About CRESCENDO CORPORATION BHD
Crescendo Corp Bhd through its subsidiaries is engaged in the development of industrial, residential and commercial properties and letting of undeveloped and unsold properties; and building construction among others. The group comprises the main business segments: Property development and construction; Manufacturing and trading; Property investment; and Education, management services and others. The company operates only in 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.

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

Post a Comment