Dividend - Normal or Special

[KAREX] Interim Dividend on 06-Jun-2024

Announcement Date: 21-May-2024
Related Stock:
Share Registrar:
FY: 30-Jun-2024

RM 0.0050

  • Ex Date
  • Entitlement Date
  • Payment Date
KAREX BERHAD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 20-Jun-2024, while the ex-date will be on 06-Jun-2024. This is equivalent to the previous dividend of RM 0.0050 per share, with ex-date of 26-Dec-2023 and paid to the shareholders on 19-Jan-2024.

Ann. Date Ex Date Amount Payment Date

Karex Bhd is a Malaysia-based company that is principally engaged in manufacturing and selling condoms, sterile catheters, latex probe covers, lubricating jelly, latex sleeve, rubber finger gloves, hand gloves, and other rubber products. The company operates business through a number of subsidiaries based in Malaysia, Thailand, Hong Kong, the United States, and Europe. The company generates the majority of its revenue from the condoms business. The company has a presence in Asia, Africa, the Americas, and Europe, with overseas markets accounting for most of its total revenue.

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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