Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Security
OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
26-Feb-2025 07:21:57
Status
New
Corporate Action Reference
SG250226DVCAIM1W
Submitted By (Co./ Ind. Name)
Sherri Liew
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
104
Dividend/ Distribution Type
Final
Financial Year End
31/12/2024
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.41

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that the Transfer Books and Register of Members of the Bank will be closed from 5.00 p.m. on 28 April 2025 up to (and including) 29 April 2025,
Additional Textfor the purpose of determining shareholders' entitlements to the final one-tier tax exempt dividend for the financial year ended 31 December 2024 ("FY24 Final Dividend") of 41 cents for every ordinary share held,
Additional Textsubject to the approval of the Shareholders' to the FY24 Final Dividend at the Annual General Meeting of the Bank to be convened on 17 April 2025.
Additional TextDuly completed registrable transfers of ordinary shares ("Shares") received by the Bank's share registrar, Boardroom Corporate & Advisory Services Pte. Ltd., 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632 up to 5.00 p.m. on 28 April 2025 will be registered before entitlements to the FY24 Final Dividend are determined.
Additional TextShareholders whose securities accounts with The Central Depository (Pte) Limited are credited with Shares as at 5.00 p.m. on 28 April 2025 will rank for the FY24 Final Dividend.

Event Dates

Record Date
28/04/2025
Ex Date
25/04/2025

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.41
Net Rate (Per Share)
SGD 0.41
Pay Date
09/05/2025
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities