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Hot Stock Maxis gains 2% on dividend
by Cals Tue 03 Sep 2013, 14:42
Hot Stock Maxis gains 2% on dividend
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Tuesday, 03 September 2013 12:50
KUALA LUMPUR (Sept 3): Maxis Bhd rose as much as 2% as investors chased shares of the telecommunication network provider for its dividend, dealers say. The stock will trade ex-dividend tomorrow (September 4).
At 12.30pm today, Maxis settled at RM7 with some 896,000 shares done. The bourse's seventh- largest gainer had earlier risen as much as 14 sen to RM7.01.
"Investors who buy Maxis shares today will still be entitled to the company's dividend," a dealer told theedgemalaysia.com over telephone.
Maxis told the exchange that it plans to pay an interim single-tier tax-exempt dividend of eight sen a share for financial year ending December 31, 2013. The payment date falls on October 3 this year.
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Tuesday, 03 September 2013 12:50
KUALA LUMPUR (Sept 3): Maxis Bhd rose as much as 2% as investors chased shares of the telecommunication network provider for its dividend, dealers say. The stock will trade ex-dividend tomorrow (September 4).
At 12.30pm today, Maxis settled at RM7 with some 896,000 shares done. The bourse's seventh- largest gainer had earlier risen as much as 14 sen to RM7.01.
"Investors who buy Maxis shares today will still be entitled to the company's dividend," a dealer told theedgemalaysia.com over telephone.
Maxis told the exchange that it plans to pay an interim single-tier tax-exempt dividend of eight sen a share for financial year ending December 31, 2013. The payment date falls on October 3 this year.
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