Dividend - Normal or Special

[ORNA] Final Dividend on 02-May-2024

Announcement Date: 17-Apr-2024
Related Stock:
ORNA
ORNAPAPER BHD
Share Registrar:
ORNA
ORNAPAPER BHD
FY: 31-Dec-2023
Amount

RM 0.0200

  • Ex Date
    02-May-2024
  • Entitlement Date
    03-May-2024
  • Payment Date
    20-May-2024
Description
ORNAPAPER BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 20-May-2024, while the ex-date will be on 02-May-2024. This is higher than the previous dividend of RM 0.0100 per share, with ex-date of 03-May-2023 and paid to the shareholders on 19-May-2023.

Ann. Date Ex Date Amount Payment Date

About ORNAPAPER BHD
Ornapaper Bhd is an investment holding company. Ornapaper through its wholly-owned subsidiaries manufactures and supplies corrugated boards and carton boxes. The company?s product offerings include corrugated boxes in various types, including regular slotted cartons, top and bottom, five-panel folder, half slotted carton, full overlap slotted carton, L shape, H shape, corrugated pads and die-cut; measuring cardboard boxes, and corrugated flutes. The company?s operations are carried on 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.

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