HEKTAR REITS announced a quarterly dividend of RM 0.0190 per share. The dividend is payable on 18-Oct-2024, while the ex-date will be on 19-Sep-2024. This is lower than the previous dividend of RM 0.0230 per share, with ex-date of 08-Feb-2024 and paid to the shareholders on 27-Feb-2024.
Ann. Date
Ex Date
Amount
Payment Date
About HEKTAR REITS
Hektar Real Estate Investment Trust is a retail focused REIT. Hektar REIT's principal objective is to provide its Unitholders with a defensible income distribution and to enhance the long-term value of the fund. It invests in income-producing real estate primarily used for retail purposes. Hektar REIT's portfolio currently consists of shopping centres situated in Subang Jaya, Melaka, Muar, Sungai Petani and Kulim.
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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