Dividend - Normal or Special

[L&G] Final Dividend on 02-Oct-2024

Announcement Date: 30-Jul-2024
Related Stock:
L&G
LAND & GENERAL BHD
Share Registrar:
L&G
LAND & GENERAL BHD
FY: 31-Mar-2024
Amount

RM 0.0070

  • Ex Date
    02-Oct-2024
  • Entitlement Date
    03-Oct-2024
  • Payment Date
    18-Oct-2024
Description
LAND & GENERAL BHD announced a quarterly dividend of RM 0.0070 per share. The dividend is payable on 18-Oct-2024, while the ex-date will be on 02-Oct-2024. This is higher than the previous dividend of RM 0.0060 per share, with ex-date of 04-Oct-2023 and paid to the shareholders on 18-Oct-2023.

Ann. Date Ex Date Amount Payment Date

About LAND & GENERAL BHD
Land & General Bhd is a property development and investment company. The company is also engaged in providing education, oil palm cultivation, and the operations and management of Sri Damansara Club. Its segments consist of Property engaged in the development of residential and commercial properties; Education that operates co-education schooling from kindergarten to secondary education; and Others engaged in investment holding, land cultivation, property management, management of club activities and dormant companies. Majority of the revenue is derived from the Property segment.

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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