Dividend - Normal or Special

[LSTEEL] Interim Dividend on 24-Jul-2024

Announcement Date: 05-Jul-2024
Related Stock:
LSTEEL
LEADER STEEL HOLDINGS BHD
Share Registrar:
LSTEEL
LEADER STEEL HOLDINGS BHD
FY: 31-Dec-2024
Amount

RM 0.0200

  • Ex Date
    24-Jul-2024
  • Entitlement Date
    25-Jul-2024
  • Payment Date
    08-Aug-2024
Description
LEADER STEEL HOLDINGS BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 08-Aug-2024, while the ex-date will be on 24-Jul-2024. This is higher than the previous dividend of RM 0.0150 per share, with ex-date of 27-Jul-2023 and paid to the shareholders on 08-Aug-2023.

Ann. Date Ex Date Amount Payment Date

About LEADER STEEL HOLDINGS BHD
Leader Steel Holdings Bhd is a Malaysia based investment holding company. It is engaged in the business segments of Manufacturing, processing and trading of steel and metal products, and Trading and processing of minerals. The group?s steel and metal products include steel pipes and tubes, hollow section and steel flat bar, whereas the minerals include iron ore, manganese, mill scales and slags. The Manufacturing and trading of steel segment serves as the primary income contributor to the group. It operates in Malaysia, China, Hong Kong, and other countries, of which majority of the revenue is generated from 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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