Azeus Systems Declares Interim Dividend of HK\$1.60 Per Share – Key Dates Announced
Azeus Systems Declares Interim Dividend of HK\$1.60 Per Share – Key Dates Announced
Azeus Systems Holdings Ltd, a Bermuda-incorporated company, has announced an interim dividend payout of HK\$1.60 per ordinary share for the financial year ending 31 March 2025. This declaration is expected to attract significant attention from investors, as dividend announcements can often influence stock prices.
Key Details for Shareholders
- Record Date: The Share Transfer Books and Register of Members will close at 5:00 PM on 19 February 2025. Only shareholders registered by this date and time will be eligible for the interim dividend.
- Payment Date: The interim dividend will be disbursed on 28 February 2025.
- Transfer Agent: Shareholders must ensure that duly completed and registrable transfers are submitted to Boardroom Corporate & Advisory Services Pte Ltd, located at 1 Harbourfront Avenue #14-07 Keppel Bay Tower, Singapore 098632, by 5:00 PM on the record date.
- CDP Accounts: Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with the company’s ordinary shares as of the record date will automatically qualify for the dividend.
Potential Impact on Share Price
The interim dividend of HK\$1.60 per share represents a strong signal of Azeus Systems’ financial health and commitment to rewarding its shareholders. Such announcements often lead to increased investor confidence, potentially driving the share price upwards in the days leading up to and following the record date. Investors and analysts will closely monitor trading activity to gauge the market’s reaction to this development.
What Shareholders Should Do
Shareholders are advised to ensure that their shareholdings are up-to-date and accurately reflected in the company’s records or their respective CDP accounts by 19 February 2025. Any transfers or updates must be completed before the cut-off time of 5:00 PM on the record date to secure entitlement to the dividend.
Conclusion
With a payout date of 28 February 2025, Azeus Systems’ interim dividend is poised to provide shareholders with a tangible return on investment. This announcement further underscores the company’s strong financial performance and commitment to shareholder value, making it a potentially price-sensitive event for the market.