Goodland Group Announces Dividend Payouts for 2025: What Shareholders Need to Know
Goodland Group Announces Dividend Payouts for 2025: What Shareholders Need to Know
Goodland Group Limited has released an important notice regarding its final and special dividend payouts for 2025, which could have a significant impact on shareholder decisions and potentially influence the company’s share value. Here’s a detailed breakdown of the announcement:
Key Highlights from the Announcement
- The company plans to distribute a final tax-exempt (one-tier) dividend of 0.5 Singapore cent per ordinary share.
- An additional special tax-exempt (one-tier) dividend of 0.075 Singapore cent per ordinary share will also be proposed.
- Both dividends will be subject to shareholder approval during the Annual General Meeting (AGM), scheduled for 22 January 2025.
Important Dates for Shareholders
Shareholders must take note of the following critical deadlines to ensure their entitlement to the proposed dividends:
- Books Closure Date: 31 January 2025, at 5:00 p.m. The Share Transfer Books and Register of Members will be closed to determine eligible shareholders.
- Dividend Payout Dates: If approved, the final dividend will be paid on 14 February 2025, while the special dividend will be distributed on 1 April 2025.
Shareholders with shares credited to their Securities Accounts with The Central Depository (Pte) Limited as of 5:00 p.m. on the closure date will be eligible for the payouts. Additionally, duly completed registrable transfers received by the company’s Share Registrar, B.A.C.S. Private Limited, by the same time will also be registered for entitlement.
Why This Matters
The total dividend payouts of 0.575 Singapore cent per share represent a direct return of value to shareholders and may signal the company’s financial stability and commitment to rewarding its investors. Such announcements often attract investor attention and have the potential to influence share prices positively, especially as the special dividend is an extraordinary return on investment.
Investors should also consider the timing of the payouts, with the final dividend set for February 2025 and the special dividend following in April 2025. These staggered payments might support sustained investor interest in the company over the medium term.
Action Items for Shareholders
- Ensure shares are registered or credited by 31 January 2025, 5:00 p.m. to qualify for the dividends.
- Attend the AGM on 22 January 2025 to vote on the approval of the dividends.
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