Pacific Century Regional Developments Limited Announces Lucrative Final Dividend for Shareholders
Key Highlights:
- Pacific Century Regional Developments Limited (PCRD) to pay a tax-exempt (one-tier) final dividend of S\$0.0596 per ordinary share for the financial year ended 31 December 2024 [[1]].
- The dividend payout is subject to shareholders’ approval at the 61st Annual General Meeting on 17 April 2025 [[1]].
- The company will close its Register of Members and Share Transfer Books from 5.00 p.m. on 8 May 2025 up to (and including) 9 May 2025 to determine shareholders’ entitlements to the proposed dividend [[1]].
- Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with PCRD shares as of 5.00 p.m. on 8 May 2025 will be eligible for the dividend payout [[1]].
- The proposed dividend, if approved, will be paid on 2 July 2025 [[1]].
Potential Impact on Share Price:
The announcement of a lucrative final dividend of S\$0.0596 per share is likely to be well-received by PCRD’s shareholders and could have a positive impact on the company’s share price. Investors may view the dividend payout as a sign of the company’s strong financial performance and confidence in its future prospects, potentially driving increased demand for PCRD shares.
Conclusion:
The proposed final dividend from PCRD presents an attractive opportunity for the company’s shareholders. The dividend payout, if approved, will provide a direct financial benefit to investors and could potentially boost the company’s share price in the market. Shareholders should take note of the key dates and eligibility criteria to ensure they receive the dividend payment.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and due diligence before making any investment decisions. The author and the publication cannot be held responsible for any investment losses or decisions made based on the information provided in this article.
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