Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Security
UNITED OVERSEAS BANK LIMITED - SG1M31001969 - U11

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
22-Feb-2024 06:58:00
Status
New
Corporate Action Reference
SG240222DVCA4787
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
134
Dividend/ Distribution Type
Final
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.85

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that, subject to shareholders' approval of the final dividend at the Annual General Meeting, the Share Transfer Books and Register of Members of the Bank will be closed on 29 April 2024, for determining shareholders entitlements to the final dividend.
Additional TextRegistrable transfers received by the Bank's Registrar, Boardroom Corporate & Advisory Services Pte Ltd at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632, up to 5.00 pm on 26 April 2024 will be registered for the dividends.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited (CDP), entitlements to the dividends will be computed based on the shareholdings position after settlement of all trades on 26 April 2024 (Record Date).
Additional TextThe dividends will be paid by the Bank to CDP which will, in turn, distribute the dividend to holders of the securities accounts.

Event Dates

Record Date
26/04/2024
Ex Date
25/04/2024

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.85
Net Rate (Per Share)
SGD 0.85
Pay Date
09/05/2024
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities