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SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?   Vote_lcap68%SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?   Vote_rcap 68% [ 178 ]
SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?   Vote_lcap18%SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?   Vote_rcap 18% [ 47 ]
SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?   Vote_lcap13%SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?   Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » CHRONICLE™ SUPPORT » SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?

SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?

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lasanthals


Stock Trader
SAMPATH BANK has postponed ANNUAL GENERAL MEETING. What will happen to the XD date?  

Dividend per share (Rs.):
Voting :11.750
Type of dividend:
First and Final dividend

Financial year:
2019

Shareholder approval:
Required

AGM date:
30 Mar 2020

XD date:
31 Mar 2020

Payment date:
09 Apr 2020

Share transfer book:
Open

bhanu


Manager - Equity Analytics
Manager - Equity Analytics
So technically they can postpone or stop it. Under the circumstances they will probably stop paying

lasanthals


Stock Trader
All agreed?   Any other thoughts ?

glad


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
What if they pay this as Interim dividend for next financial year and cancel this announcement.

lasanthals


Stock Trader
Are there anyone who knows exactly all the possibilities? (All legal possibilities). 

An open invitation to all the veteran investors and market analyzers. Please help us( beginners ) to understand this correctly.

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
I am no veteran but I have heard once announced they cannot withdraw. I am not sure about postpone though. I think they should pay at least half of it now.

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