SMC pays Stock Dividend at 100:20 on 11/16/2011
CTCP Đầu tư Thương mại SMC(SMC)CTCP Đầu tư Thương mại SMC (SMC) announces stock dividend for year 2011, payment 1 with ratio 100:20 (shareholders holding 100 shares will receive 20 additional shares). With approximately 73.61 million outstanding shares, the company is estimated to issue an additional over 14.72 million shares to distribute dividends to shareholders.
Ex-Dividend Date
Record Date
Payment Date
+20 shares/100 shares
* Own SMC stock before the ex-dividend date 11/16/2011 to receive dividends
- Execution ratio: 100:20.
- Explanation: At the record date, shareholders holding 100 shares will receive 20 new shares.
- Rounding policy: For fractional shares (if any) arising when shareholders exercise their rights, to ensure the number of shares issued does not exceed the planned issuance, the number of shares shareholders receive will be rounded down to the nearest whole number. Fractional shares arising from rounding when distributing to existing shareholders will be cancelled.
- Example: At the record date, shareholder A holds 222 shares SMC. According to the stock dividend ratio of 100:20, the number of shares shareholder A will receive is (222 x 20)/100 = 44.4 new shares. According to the rounding and fractional share rules, shareholder A will receive 44 shares. Fractional shares (0.4 shares) will be cancelled.
SMC Cumulative Income Calculator
Initial shares
1,000
Current shares
1,200(+200)
Total cash received
1,500,000,000 VND
Dividend events
5 events
Calculate total SMC dividends received over time