CapitaLand Investment Announces Dividend Payout and Record Date
Key Highlights: 1 CapitaLand Investment Limited has announced a proposed first and final dividend of S$0.12 per share for the year ended 31 December 2024. 1 The company’s Transfer Books and Register of Members will be closed on 5 May 2025 (the “Record Date”) to determine shareholders’ entitlements to the proposed dividend. 1 The proposed dividend, if approved by shareholders at the upcoming annual general meeting on 29 April 2025, will be paid on 13 May 2025.
Potential Impact on Share Price: The announcement of the dividend payout and record date is likely to be a positive news for CapitaLand Investment’s shareholders, as it reflects the company’s strong financial performance and its commitment to rewarding its investors. The dividend payment could potentially have a favorable impact on the company’s share price, as shareholders may view it as a sign of the company’s financial health and its ability to generate consistent returns.
Key Details for Shareholders: 1 Shareholders (being depositors) whose securities accounts with CDP are credited with CapitaLand Investment shares as at 5.00 p.m. on the Record Date will be entitled to the proposed dividend. 1 Shareholders who hold shares not registered in the name of The Central Depository (Pte) Limited (CDP) must ensure that their share transfers are duly completed and stamped, and received by the company’s share registrar, Boardroom Corporate & Advisory Services Pte. Ltd., by 5.00 p.m. on the Record Date to be eligible for the dividend.
Conclusion: The announcement of the proposed dividend payout and record date by CapitaLand Investment Limited is likely to be well-received by the company’s shareholders, as it demonstrates the company’s ability to generate consistent returns and its commitment to rewarding its investors. This news could potentially have a positive impact on the company’s share price, as investors may view it as a sign of the company’s financial health and its ability to deliver value to its shareholders.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should do their own research and consult with a financial advisor before making any investment decisions.
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