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
19-Feb-2025 07:07:36
Status
New
Corporate Action Reference
SG250219DVCACPB4
Submitted By (Co./ Ind. Name)
Jeffrey Beh
Designation
Company Secretary
Dividend/ Distribution Number
Applicable
Value
136
Dividend/ Distribution Type
Special
Financial Year End
31/12/2024
Declared Dividend/ Distribution Rate (Per Share/ Unit)
SGD 0.25

Event Narrative

Narrative Type
Narrative Text
Additional TextNotice is hereby given that subject to shareholders' approval of the special dividend at the Annual General Meeting, the Transfer Books and Register of Members of the Bank will be closed from 5.00 pm on 29 April 2025 up to (and including) 30 April 2025, for the purpose of determining shareholders entitlements to the special dividend.
Additional TextDuly completed registrable transfers of shares received by the Bank's Share Registrar, Boardroom Corporate & Advisory Services Pte Ltd at 1 Harbourfront Avenue, #14-07 Keppel Bay Tower, Singapore 098632, up to 5.00 pm on 29 April 2025 will be registered for the special dividend.
Additional TextIn respect of ordinary shares in securities accounts with The Central Depository (Pte) Limited (CDP), entitlements to the special dividend will be computed based on the shareholdings position after settlement of all trades on 29 April 2025.
Additional TextThe special dividend 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
29/04/2025
Ex Date
28/04/2025

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
SGD 0.25
Net Rate (Per Share)
SGD 0.25
Pay Date
13/05/2025
Gross Rate Status
Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities