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LLUB Dividend Vote_lcap68%LLUB Dividend Vote_rcap 68% [ 178 ]
LLUB Dividend Vote_lcap18%LLUB Dividend Vote_rcap 18% [ 47 ]
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LLUB Dividend

LLUB Dividend

4 posters

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1LLUB Dividend Empty LLUB Dividend Wed Jun 08, 2016 5:05 pm

wdse


Stock Trader

Dear Experts,
This is my 2nd post. I want a small clarification on the LLUB dividend announcement today.  

CHEVRON LUBRICANTS - DIVIDEND ANNOUNCEMENT
CHEVRON LUBRICANTS LANKA PLC 
Company ID: - LLUB 
Date of Initial Announcement: - 08.Jun.2016 
Rate of Dividend: - Rs. 5.00 per share / Second Interim Dividend 
Financial Year: - 2016 
XD: - 17.Jun.2016 
Payment: - 28.Jun.2016 
Share Transfer Book Open 
In the recent past LLUB has been paying Rs. 5-6 as dividends per share. However with the sub division, now each shareholder gets 2 shares for 1 and commence trading from 13th June. So by declaring a dividend of Rs. 5 /- (XD is 17th June) now mean that existing shareholders are entitled for a dividend of Rs. 10/- (5 X 2 Shares after split)
Please give your thoughts 
Thanks in advance

2LLUB Dividend Empty Re: LLUB Dividend Wed Jun 08, 2016 5:56 pm

crnsuranjith


Senior Equity Analytic
Senior Equity Analytic

I am not an expert but in this case it is very clear.

Ex:- if anyone having 1000 share now and it will be 2000 shares on 13 June 2016 ( split 1 to 2)

XD date for Dividend is 17 June 2016. we will get 5 Rs for 2000 shares.

3LLUB Dividend Empty Re: LLUB Dividend Wed Jun 08, 2016 6:02 pm

wdse


Stock Trader

@crnsuranjith wrote:I am not an expert but in this case it is very clear.

Ex:- if anyone having 1000 share now and it will be 2000 shares on 13 June 2016 ( split 1 to 2)

XD date for Dividend is 17 June 2016. we will get 5 Rs for 2000 shares.

Wow. Thanks a lot.

That is Rs. 10/- per share for existing shareholders. 67% more than usual dividend (6/-)

ADVENTUS dislikes this post

4LLUB Dividend Empty Re: LLUB Dividend Wed Jun 08, 2016 8:25 pm

Brinthan

Brinthan
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Is this true Rs.10/- for a share...??

5LLUB Dividend Empty Re: LLUB Dividend Mon Oct 25, 2021 1:49 pm

rajithasahan


Equity Analytic
Equity Analytic

@Brinthan wrote:Is this true Rs.10/- for a share...??
This time Rs 4  per share.. Very Happy Very Happy

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