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
23-Feb-2023 06:45:33
Status
New
Corporate Action Reference
SG230223DVCAC2FG
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
132
Dividend/ Distribution Type
Final
Financial Year End
31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.75

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 3 May 2023, for determining shareholders entitlement 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 2 May 2023 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 2 May 2023.
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
02/05/2023 17:00:00
Ex Date
28/04/2023

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.75
Net Rate (Per Share)
SGD 0.75
Pay Date
12/05/2023
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities