Dividend - Normal or Special

[SCGBHD] Final Dividend on 11-Jul-2024

Announcement Date: 29-Apr-2024
Related Stock:
SCGBHD
SOUTHERN CABLE GROUP BERHAD
Share Registrar:
SCGBHD
SOUTHERN CABLE GROUP BERHAD
FY: 31-Dec-2023
Amount

RM 0.0075

  • Ex Date
    11-Jul-2024
  • Entitlement Date
    12-Jul-2024
  • Payment Date
    26-Jul-2024
Description
SOUTHERN CABLE GROUP BERHAD announced a quarterly dividend of RM 0.0075 per share. The dividend is payable on 26-Jul-2024, while the ex-date will be on 11-Jul-2024. This is higher than the previous dividend of RM 0.0028 per share, with ex-date of 13-Jul-2023 and paid to the shareholders on 28-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About SOUTHERN CABLE GROUP BERHAD

Southern Cable Group Bhd is a Malaysia-based company engaged in manufacturing cables and wires. The Company's product portfolio includes cables and wires used for power distribution and transmission, communications, as well as control and instrumentation applications. The Company's offered cables and wires are used across various industries that range from power distribution and transmission, building and construction, infrastructure, telecommunications, manufacturing and processing industries including oil and gas processing and petrochemical plants.


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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