The answer will be as good as the question.  
It all down to management of the company. Some give quarterly, some half yearly and some yearly. Unless stated in their dividend policy, else board of director is free to declare or change dividend distribution in the company's benefit (except final dividend which required to be voted pass during AGM).

Yes, if they proposed it.

Normally and majority opt for 2 times per financial year, one interim one final.
Only a few give quarterly.

As long as you have the share before ex-date of the dividend, then you are entitled for it. Be it buy just before the ex-date or 3 months ago.

EX-date : 26/11/2008 
Entitlement date : 28/11/2008 
Entitlement time : 05:00:00 PM 
Entitlement subject : Others
Entitlement description : Share split involving the subdivision of each of the ordinary shares of RM1.00 each in Formosa Prosonic Industries Berhad (“FPIB”) held after the bonus issue into 2 ordinary shares of RM0.50 each in FPIB (“Subdivided Shares”)


Payment date  : 
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
: 28/11/2008
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
: 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
: 
Number of new shares/securities issued (units) (If applicable)
: 
Entitlement indicator : Ratio
Ratio  : 2 : 1 
Rights Issues/Offer Price  :


Remarks :
In accordance with the Listing Requirements of Bursa Malaysia Securities Berhad, the date of listing of and quotation for the Subdivided Shares will be on 1 December 2008, being the next market day after the entitlement date.

FPIB’s Registrar will issue and despatch notices of allotment to the entitled shareholders by 5 December 2008.

Means if you hold through 28/11/08 (sell after the date), you will entitle for the split share (1 share become 2 share, your ordinary share remains and they will issue you with another share, but the PAR value halved). You can sell your share immediately after the ex-date (only the ordinary one, split one need to wait a bit to be safe.

Example:
ordinary holding: 1,000 share of RM1.00 PAR value.
on 29/11/08
ordinary holding become 1,000 share of RM0.50 PAR value
+ split share of 1,000 share of RM0.50 PAR value

Hope I make it clear.
Please correct me if I am wrong.

Gucci... singaporean underage... well... everything else is history.

i carry more than $20k to bank-in every monday in plastic bag. once ive ever carry bout $70k oso in plastic bag oni.

MELEWAR INDUSTRIAL GROUP BERHAD

EX-date : 11/12/2008 
Entitlement date : 15/12/2008 
Entitlement time : 05:00:00 PM 
Entitlement subject : First and Final Dividend
Entitlement description : First and Final Dividend of 4% less 25% Tax


Payment date  : 30/12/2008
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
: 15/12/2008
b. Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
: 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.

Entitlement indicator : Percentage
Entitlement in percentage (%) : 4

1) Buy before 11/12 meaning last transaction should be before 10/12 5pm. On 11/12 trading day, the counter would already be adjusted.

2) No need to keep until 15/12. You can sell on the 11/12 which is the ex-date after the counter adjusted.

3) -

4) Profit!

To add a point, a simplicity way,
you must buy before ex-date to entitle the dividend, ie the last date you should buy (to entitle the dividend) is 25/12/2008

RM0.20 is the par value of the stock

Payment Date : 9 January 2009

They will send out the cheque on 9 Jan by post. So it takes a few days to reach into your hand.
For nominee account, it depends on the efficiency of the investment house.

Now you understand why so many investors complained that they are not receiving annual reports,dividends ,rights issue form etc from the investee companies.It is because the CDS account opened is a Nominee CDS account and all letters are sent to the PO's office.PO charged a service fee for handling the rights issue,dividend etc.

POs charge you a service fee for all dividends received and paper works done such as accepting rights issue or other corporate exercise that involve filling up of forms.

- Iklatmy blog-