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XiaoPuutPuut commented on a stock · Aug 7 02:13

$Sembcorp Ind (U96.SG)$ hi i am abit confused, new to divide...

$Sembcorp Ind (U96.SG)$ hi i am abit confused, new to dividend stock. Previous I read the earning report got one part mentioned "Interim dividend" and stated increase by 1 cent from 0.05 n payout 22th Aug
Today I saw the news ex date 14th same 0.06 n payout 22 Aug. My question is what is the difference between Interim dividend and that post ex date?
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  • XiaoPuutPuut OP : As in this part

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  • ask9437 : @XiaoPuutPuut
    Let me try to explain...U96 next financial year end is Dec-24, this $0.06 will be paid out of current yr profit (1H-24 result). it's called "Interim" cos the financial yr has not ended.
    Compared to 1H-23 of $0.05, it's 0.01 higher.
    After Dec-24 result, based on history, U96 should declare another round around Jan/Feb-25, that will be "Final" as it will be paid out of FY2024 profit before they start new financial year.
    ex 14 Aug means buyers must buy the stocks before 14 Aug to be entitled to the dividend
    Hope this helps [undefined]

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  • XiaoPuutPuut OP ask9437 : I tot I getting 2x dividend, one for holding after d earning report and another one after ex date [undefined]. Thanks for d reply haha [undefined]

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