Dividend - Normal or Special

[SENHENG] Interim Dividend on 14-May-2024

Announcement Date: 05-Apr-2024
Related Stock:
SENHENG
SENHENG NEW RETAIL BERHAD
Share Registrar:
SENHENG
SENHENG NEW RETAIL BERHAD
FY: 31-Dec-2023
Amount

RM 0.0051

  • Ex Date
    14-May-2024
  • Entitlement Date
    15-May-2024
  • Payment Date
    05-Jun-2024
Description
SENHENG NEW RETAIL BERHAD announced a quarterly dividend of RM 0.0051 per share. The dividend is payable on 05-Jun-2024, while the ex-date will be on 14-May-2024. This is lower than the previous dividend of RM 0.0070 per share, with ex-date of 26-May-2023 and paid to the shareholders on 16-Jun-2023.

Ann. Date Ex Date Amount Payment Date

About SENHENG NEW RETAIL BERHAD
Senheng New Retail Berhad is a Malaysia-based investment holding company. The Company through its subsidiaries, is a retailer of consumer electrical and electronic products. The Company's products include digital gadgets, audio visuals, home appliances and other products. It also engaged in the provision of delivery, installation, maintenance, and repair services. The Company operates approximately 103 physical stores in Malaysia. The Company's brands include Senheng and senQ. The Company's subsidiaries include SC Alliance (M) Sdn Bhd, Senheng Captive Insurance Pte Ltd and Senheng Electric (KL) Sdn Bhd.

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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