I have some lots of Keladi Maju BHD (6769). Recently they posted a news about the dividend. I'm not quite clear about it. Can someone explain to me about the news? I'm new to share market.

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EX-date : 03/08/2009
Entitlement date : 05/08/2009
Entitlement time : 05:00:00 PM
Entitlement subject : First and Final Dividend
Entitlement description : First and final dividend of 15% per ordinary share of RM0.10 each less 25% Malaysian income tax

Period of interest payment : to
Financial Year End : 31/01/2009
Share transfer book & register of members will be : to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no : Epsilon Registration Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Malaysia
Tel No.:03-2264 3883

Payment date : 18/08/2009
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if you buy the stock before the ex-date, then you will be entitled to the dividends.

if you have shares in the company in the CDS registry on the entitlement date, then you'll receive the dividends.

Entitlement date is only applicable to off market purchases/sales of shares, and for off market activity, the shares must be credited to the CDS account before the entitlement date to receive the dividend.

Normal share activity through internet / phone to your broker, the CDS account will only record the movement after T+2, which is why entitlemente date is usually 2 days after the ex-date.

Payment date is when the dividend actually gets credited to your account.

To sum up:
If you buy the shares before 3 Aug, you'll be entitled to the dividend.
If you sell the shares on 3 Aug, you'll still get the dividend.
If you buy the shares on or after 3 Aug, you won't get the dividend.

The dividend will only be paid to you on 18 Aug. You'll get it within one week after this date.

The amount of dividends you'll get is 0.15 x RM0.10 X 0.75 x number of shares you have


Correct me if i'm wrong

This post has been edited by imbap3h: Aug 6 2009, 02:27 PM