Sai Gon Thuong Tin Commercial Joint Stock Bank announces the record date to pay dividend in cash and in stock:
-
Stock symbol: STB
-
Stock type: Common stock
-
Par
value: VND10,000
-
Ex-right
date: May 20, 2013
-
Record date: May 22, 2013
-
The 2012 dividend payment in cash:
+
Dividend
pay-out ratio: 6%/ par value (VND600/
share)
+
Expected
payment date: June 10, 2013
-
The
2011 dividend payment in stock:
+
Exercise
ratio: 14%/par value
+
Issue
volume: expected 136.355.472 shares
+
The
one who owns 100 shares at the record date will receive 14 new shares as
dividend. The volume receive will be rounded to units. The fractional parts (if
any) will be paid in cash at VND 10,000/share
For example: At the
record date, shareholder Nguyen Van A owns 555 shares, the calculation will be: 555 shares x 14% = 77.7 shares. After
rounding down, the number of dividend he receives will be 77 shares and in cash
of 7,000 = (0.7 share x 10,000)
Place
& procedure of payment:
-
Shareholders whose shares have been deposited: new
shares will be transferred to shareholders’ accounts in securities firms.
-
Shareholders whose shares have not been deposited:
shareholders will receive dividend at Sai Gon Thuong Tin Commercial Joint Stock
Bank.
