Friday, March 25, 2011

PacificMas surges on hefty dividends for shareholders

KUALA LUMPUR: Shares of PACIFICMAS BHD [] surged when trading resumed in the afternoon session on Friday, March 25 after it proposed a total of RM1.698 in dividends per share.

At 2.45pm, PacMas was up RM1.12 to RM5.80 with 314,100 shares done.

The FBM KLCI was up 2.77 points to 1,516.61. Turnover was 694.72 million shares valued at RM884.84 million. There were 423 gainers, 238 losers and 291 stocks unchanged.

PacificMas Bhd has declared dividends totaling RM1.698 for each share for the financial year ending Dec 31, 2011.'' The dividends will go ex on April 7.

The company announced on Friday, March 25 an interim dividend of RM1.398 per share less 25% income tax (net RM1.0485 per share) and single tier dividend of 30 sen per share (tax exempt) for the financial year ending Dec 31, 2011.

No comments:

Post a Comment