Dividend - Normal or Special

[GDEX] First and Final Dividend on 14-Jun-2024

Announcement Date: 27-May-2024
Related Stock:
GDEX
GDEX BERHAD
Share Registrar:
GDEX
GDEX BERHAD
FY: 31-Dec-2023
Amount

RM 0.0010

  • Ex Date
    14-Jun-2024
  • Entitlement Date
    18-Jun-2024
  • Payment Date
    01-Jul-2024
Description
GDEX BERHAD announced a quarterly dividend of RM 0.0010 per share. The dividend is payable on 01-Jul-2024, while the ex-date will be on 14-Jun-2024. This is lower than the previous dividend of RM 0.0015 per share, with ex-date of 21-Jun-2023 and paid to the shareholders on 07-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About GDEX BERHAD
Gdex Bhd, formerly GD Express Carrier Bhd provides express carrier and logistics services to domestic and international market. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, gdex prepaid. The group has two business segments Express delivery and Logistics. They operate mainly in Malaysia and Singapore. Express delivery services segment includes next day delivery, same day delivery, diplomatic, reverse charge, delivery order return, standard pick up, late pick up, early delivery international delivery and freight services. Logistic services segment includes security handling, mailroom handling, project handling, warehousing and distribution and temperature control room services.

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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