This printed article is located at http://digi.listedcompany.com/dividend_policy.html

Dividend Policy

Dividends

Since financial year 2006, the Group has been paying dividends semi-annually based on a minimum pay-out ratio of 50% of net earnings. The Board has since reviewed the policy and has concluded that in light of the Group's continuous high cash generating ability and better visibility on capital expenditure and operating cash-flow going forward, the minimum pay-out ratio was raised to 80% from financial year 2010; to be paid quarterly.

The Board will re-assess this commitment on an ongoing basis to ensure efficient distribution of built up excess cash to shareholders and that its dividend payment will continue to reflect the Group's underlying financial performance.

Dividend Payment

The Group currently pays dividend via dividend tax voucher issued in the name of all eligible shareholders as well as electronic dividend payment (eDividend). For more information on eDividend, please refer to our eDividend FAQs.

Dividend Calendar

Declared Ex-Date Payment Date Gross Amount (sen/per share)* Type
2005
26 October 2005 9 May 2006 18 May 2006 7.50 Capital return
2006
5 April 2006 12 October 2006 27 October 2006 6.00 Capital return
20 July 2006 8 August 2006 28 August 2006 5.35 1st Interim dividend
13 April 2007 29 May 2007 15 June 2007 5.75 Final dividend
2007
20 July 2007 6 August 2007 28 August 2007 6.85 1st Interim dividend
19 October 2007 6 November 2007 28 November 2007 10.00 Special dividend
24 April 2008 15 May 2008 30 May 2008 5.925 Final dividend
2008
22 July 2008 8 August 2008 28 August 2008 5.70 1st Interim dividend
24 October 2008 18 December 2008 30 December 2008 7.80 Special dividend
7 May 2009 3 June 2009 12 June 2009 5.30 Final dividend
2009
22 July 2009 1 September 2009 18 September 2009 4.90 1st Interim dividend
28 October 2009 7 December 2009 17 December 2009 7.50 Special dividend
3 February 2010 4 March 2010 26 March 2010 5.40 Second Interim dividend
2010
4 May 2010 8 June 2010 18 June 2010 3.50 1st Interim dividend
20 July 2010 26 August 2010 24 September 2010 3.50 2nd Interim dividend
26 October 2010 11 November 2010 3 December 2010 5.00 3rd Interim dividend
28 January 2011 24 February 2011 11 March 2011 4.30 4th Interim dividend
2011
29 April 2011 19 May 2011 9 June 2011 4.30 1st Interim dividend
20 July 2011 19 August 2011 7 September 2011 3.00 2nd Interim dividend
24 October 2011 16 November 2011 8 December 2011 3.70 3rd Interim dividend
19 January 2012 17 February 2012 9 March 2012 6.50 4th Interim dividend
2012
25 April 2012 14 May 2012 8 June 2012 5.90 1st Interim dividend
23 July 2012 22 August 2012 7 September 2012 5.90 2nd Interim dividend
23 October 2012 8 November 2012 7 December 2012 4.00 3rd Interim dividend
23 October 2012 8 November 2012 7 December 2012 8.00 Special dividend
6 February 2013 20 February 2013 8 March 2013 2.50 4th Interim dividend
2013
23 April 2013 7 May 2013 7 June 2013 3.80 1st Interim dividend
19 July 2013 6 August 2013 6 September 2013 4.80 2nd Interim dividend
28 October 2013 12 November 2013 6 December 2013 5.70 3rd Interim dividend
6 February 2014 19 February 2014 7 March 2014 7.00 4th Interim dividend
2014
25 April 2014 9 May 2014 6 June 2014 6.20 1st Interim dividend
17 July 2014 5 August 2014 5 September 2014 6.40 2nd Interim dividend
20 October 2014 5 November 2014 5 December 2014 6.20 3rd Interim dividend
9 February 2015 25 February 2015 13 March 2015 7.20 4th Interim dividend
2015
27 April 2015 13 May 2015 5 June 2015 6.10 1st Interim dividend
13 July 2015 5 August 2015 4 September 2015 5.90 2nd Interim dividend
26 October 2015 6 November 2015 4 December 2015 5.10 3rd Interim dividend
5 February 2016 25 February 2016 5 March 2016 4.90 4th Interim dividend
2016
22 April 2016 25 May 2016 24 June 2016 5.10 1st Interim dividend
11 July 2016 29 August 2016 30 September 2016 5.40 2nd Interim dividend
19 October 2016 29 November 2016 30 December 2016 5.60 3rd Interim dividend

Dividend History (Net sen per share)*

Year ended 31 Dec Capital Repayment Special Dividend Interim Final Total Dividend Payout Ratio
Prior to 2005 - - - - - -
2005 7.50 - - - 7.50 N/A
2006 6.00 - 3.85 4.20 14.05 75%
2007 - 7.30 5.00 5.80 18.10 128%
2008 - 7.80 5.70 5.30 18.80 128%
2009 - 7.50 10.30 - 17.80 138%
2010 - - 16.30 - 16.30 143%
2011 - - 17.50 - 17.50 108%
2012 - 8.00 18.30 - 26.30 170%
2013 - - 21.30 - 21.30 97%
2014 - - 26.00 - 26.00 99%
2015 - - 22.00 - 22.00 99%

* Every existing ordinary share of the Company of RM0.10 each was sub-divided into ten ordinary shares of RM0.01 each on 24 November 2011. Prior dividend per share re-stated to reflect this effect for comparison purposes.

Unclaimed Dividends

Unclaimed dividends refer to dividend payable to shareholders but have remained unpaid for a period of not less than twelve (12) months, and are governed by the Unclaimed Moneys Act 1965. The DiGi Share Registrars will register details of any unclaimed dividend (in the form UMA-3) and lodge with the Registrar of Unclaimed Moneys based on an annual cycle commencing from 1 January till 31 December of the same year. The form UMA-3 will also be sent to the National Printers for gazetting in accordance with Section 10A(1) of the Unclaimed Moneys Act.

By 31 March of the following year, any remaining unpaid or unclaimed dividend will be lodged (in the forms of UMA-3 and UMA-4) together with the cheque to the Registrar of Unclaimed Moneys. A shareholder may present a claim through the DiGi Share Registrars for payment of any unclaimed dividend (or request the Company to re-issue the dividend cheque) prior to the expiry of the twelve-month period. After that period, a shareholder can only request or apply for a refund of any unclaimed dividend from the Registrar of Unclaimed Moneys. The shareholder must satisfy the Registrar that he is the rightful owner or has legal right over the dividend, including submission to the Registrar of Unclaimed Moneys the original dividend warrant, photocopy of the identity card (for an individual), the form UMA-7 duly completed and signed, among others.

You may contact the DiGi Share Registrars (Tricor Investor Services Sdn Bhd), Company Secretary, or the Registrar of Unclaimed Moneys, as appropriate, should you need any further assistance or information in your claim for any of the unclaimed dividend. The Registrar of Unclaimed Moneys can be contacted at:

Pejabat Pendaftar Wang Tak Dituntut
Jabatan Akauntan Negara Malaysia
Bahagian Pengurusan Amanah dan Sekuriti
Tingkat 42, Menara Maybank
100 Jalan Tun Perak
50050 Kuala Lumpur

Tel: +603-2056 8000
Fax: +603-2072 5707/+603-2026 7430


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