Digi.com Berhad Electronic Dividend Payment Notification| eDividend
Some of the Public Listed companies(PLC) like Digi, provide notification of Electronic Dividend Payment (eDividend) to their shareholder via e-mail and SMS.
This is a very good moves and service to their shareholders. With SMS, you can get immediate notification and alert. Most other PLC only send e-mail notification. That e-mail may landed in the spam mailbox!
Electronic Dividend Payment or eDividend refer to the payment of cash dividends by a listed issuer to its shareholders’ cash Dividend entitlement into their respective bank accounts instead of making payment via bank cheques.
Read more about eDividend at Implementation of Electronic Dividend Payment | eDividend Bursa Malaysia
eDividend was implemented effective on the third quarter of 2010.
You will still get the dividend statement receipt via ordinary mail.
Sample of E-mail Notofication from Digi:
Payment Advice
For the attention of:
Alan, Malaysia
Dear Sir/Madam,
Please be advised that the following payment will be made to you on behalf of DIGI.COM BERHAD
Transaction Reference: XXX
Payer/Remitter’s Reference No: XXX
Beneficiary Details: ALAN
Payment method: Giro
Payment Amount: XXX
Currency: MYR
Value Date: 08-Dec-2011
Payment Details: MAIL