Complete Logistic Services Bhd’s share price closed up 13 sen or 20.47% at its intraday high of 76.5 sen today due to the company’s planned dividend payout of 16 sen a share to shareholders.
The company declared the interim single-tier dividend yesterday for the financial year ending March 31, 2021.
At 5pm today, Complete Logistic had a market capitalisation of RM97.16 million. Some 2.76 million shares were traded.
The stock’s intraday low was 72 sen.
In a filing with Bursa Malaysia yesterday, Complete Logistic said the dividend’s ex-date falls on May 13, 2020. The company said the dividend will be paid to shareholders on June 12, 2020.