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Hot Stock LBS jumps 8% ahead of ex-dividend date
by Cals Wed 14 Aug 2013, 18:06
Hot Stock LBS jumps 8% ahead of ex-dividend date
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Wednesday, 14 August 2013 16:06
KUALA LUMPUR (August 14): LBS BINA GROUP BHD [] jumped as much as 8% before shares of the property developer trade ex-dividend end of this month.
At 3.40pm today, LBS shares were traded at RM1.75 with some 11 million units done. The stock had earlier gained as much as 13 sen to RM1.77.
This compares to a six-month intraday low of 83 sen, Bloomberg data show.
LBS plans to pay a first and final dividend of 2.5 sen a share less 25% income tax for financial year ended December 31, 2012.
The stock trades ex-dividend this August 27 while the dividend-payment date falls on September 27.
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Wednesday, 14 August 2013 16:06
KUALA LUMPUR (August 14): LBS BINA GROUP BHD [] jumped as much as 8% before shares of the property developer trade ex-dividend end of this month.
At 3.40pm today, LBS shares were traded at RM1.75 with some 11 million units done. The stock had earlier gained as much as 13 sen to RM1.77.
This compares to a six-month intraday low of 83 sen, Bloomberg data show.
LBS plans to pay a first and final dividend of 2.5 sen a share less 25% income tax for financial year ended December 31, 2012.
The stock trades ex-dividend this August 27 while the dividend-payment date falls on September 27.
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