22-06-2011, 09:24 AM
(22-06-2011, 09:05 AM)tonylim Wrote: From SGX Corp action. It shown 2 dividend payments , one each in August and December , 3 cents in July, 2 cents in December.
But Metro only declared final dividend of 3 cents ?
I think it's because Metro's FY ends in June so the dividends paid in July would be for one FY while the dividends paid in December would be attributed to the following FY.
i.e. July 2010- 3 cent = FY2010 Final Dividend
December 2010- 2 cents = FY2011 Interim/Special Dividend