UMS HOLDINGS BHD announced a quarterly dividend of RM 0.1350 per share. The dividend is payable on 23-Sep-2024, while the ex-date will be on 09-Sep-2024. This is higher than the previous dividend of RM 0.0400 per share, with ex-date of 22-Mar-2024 and paid to the shareholders on 08-Apr-2024.
Ann. Date
Ex Date
Amount
Payment Date
About UMS HOLDINGS BHD
UMS Holdings Bhd is an investment holding company. The firm is engaged in the distribution of mechanical power transmission, material handling systems, and industrial spare parts. The company services a range of industries which include palm oil, sugar, quarry, cement, rubber, timber and the manufacturing sectors. The group has three reportable segments based on the geographical location: West Malaysia, East Malaysia, and Singapore. The revenue from West and East Malaysia are derived from the distribution of mechanical power transmission and material handling products and systems and industrial spare parts as well as trading of steel wire mesh. The revenue from Singapore is derived from trading in engineering products. West Malaysia contributes the most to the company's 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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