| | eDividend is now available...
What is eDividend?
- Dividend payment that is credited directly into entitled shareholders’ bank account
- Covers all cash dividends
- All listed companies on BursaMalaysia offer eDividend
Main objectives of eDividend - To promote greater efficiency of dividend payment system which is aligned to the national agenda of migrating to electronic payment
- To put the Malaysian market on par with practices in other regional markets in relation to receipt of dividend proceeds by shareholders
eDividend benefits - No more delay in receipt of dividend payment
- No more lost cheques/expired cheques
- No more physical deposit of dividend cheques
- No more unclaimed moneys for dividend payment
- No more cost to shareholders (bank charges on dividend payment, charges by listed companies and service providers)
- No depository administrative fee for registration of eDividend within grace period (one year from 19th April 2010)
- Can opt for one bank account for all existing CDS accounts and future new CDS accounts
- Electronic notification upon payment for shareholders who provide email and mobile details
Registration of eDividend How to register? - To register, complete the eDividend form which can be obtained from any stock broker’s office or downloaded from BursaMalaysia’s website and submit the form and relevant supporting documents to the stock broker’s office where your CDS account is maintained.
- If you are unable to be present at your stock broker’s office to submit the form and supporting documents, ensure that your documents have been witnessed by an acceptable witness specified by Bursa Depository. An acceptable witness includes an Authorised Officer of a stock broker, a Dealer’s representative, a notary public or an authorised officer of Malaysian Embassy/High Commission.
- If your CDS account is held in the name of nominee, the nominee will register for the eDividend.
What supporting documents are required? Please click banner below for more information For queries, please contact:- | | | | | | | Dividend payout | | Financial Year | Type of Dividend | Quantum per Share | Payment Date | | 2009 | First and final | 3 sen less tax | 10/12/2009 | | 2008 | Share dividend | 1 treasury share for every 25 existing ordinary shares held | 11/01/2008 | | 2007 | Final | 3.9 sen less tax | 12/12/2007 | | 2007 | Interim | 2.5 sen less tax | 03/07/2007 | | 2007 | Interim | 2.5 sen less tax | 02/04/2007 | | 2007 | Interim | 2.5 sen less tax | 11/01/2007 | | 2006 | First and final | 6 sen less tax | 18/12/2006 | | 2005 | First and final | 12 sen less tax | 19/12/2005 | | 2004 | First and final | 5.5 sen less tax | 17/12/2004 | | 2003 | First and final | 2.5 sen less tax and 3 sen tax exempt | 18/12/2003 | | 2002 | First and final | 2.5 sen less tax and 2.5 sen tax exempt | 13/12/2002 | | | | | | | | | | | | | | | | | | | |