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
06-May-2020 23:53:54
Status
New
Corporate Action Reference
SG200506DVCAAAJO
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
126
Dividend/ Distribution Type
Final
Financial Year End
31/12/2019
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.55

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 17 June 2020, for determining shareholders entitlement to the final dividend.
Additional TextRegistrable transfers received by the Bank's Registrar, Boardroom Corporate & Advisory Services Pte Ltd at 50 Raffles Place, Singapore Land Tower #32-01, Singapore 048623, up to 5.00 pm on 16 June 2020 will be registered for the final dividend.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited (CDP), entitlements to the final dividend will be computed based on the shareholding position after settlement of all trades on 16 June 2020.
Additional TextThe final dividend will be paid by the Bank to CDP, which will, in turn, distribute the dividend to holders of the securities account.

Event Dates

Record Date and Time
16/06/2020 17:00:00
Ex Date
15/06/2020

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.55
Net Rate (Per Share)
SGD 0.55
Pay Date
29/06/2020
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities