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Hot Stock Alcom jumps 13.5% on dividend
by Cals Wed 22 Jul 2015, 17:16
Hot Stock
Alcom jumps 13.5% on dividend
KUALA LUMPUR (July 22): Aluminium Co of Malaysia Bhd (Alcom) ([You must be registered and logged in to see this image.] Financial Dashboard) jumped as much as 9.5 sen to 80 sen, after the company announced its first interim dividend of five sen a share for financial year ending March 31, 2016.
At 12:30pm today, Alcom (fundamental: 2.25; valuation: 1.8) pared gains to settle at 79 sen, with 294,600 shares having changed hands. At 79 sen, Alcom has a market capitalisation of RM106.1 million.
Yesterday (July 21), Alcom announced the ex-date for the 5% dividend falls on upcoming August 3. Alcom shares have a par value of RM1 each.
The dividend payment date is August 20.
[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
Alcom jumps 13.5% on dividend
KUALA LUMPUR (July 22): Aluminium Co of Malaysia Bhd (Alcom) ([You must be registered and logged in to see this image.] Financial Dashboard) jumped as much as 9.5 sen to 80 sen, after the company announced its first interim dividend of five sen a share for financial year ending March 31, 2016.
At 12:30pm today, Alcom (fundamental: 2.25; valuation: 1.8) pared gains to settle at 79 sen, with 294,600 shares having changed hands. At 79 sen, Alcom has a market capitalisation of RM106.1 million.
Yesterday (July 21), Alcom announced the ex-date for the 5% dividend falls on upcoming August 3. Alcom shares have a par value of RM1 each.
The dividend payment date is August 20.
[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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