Prior to this announcement, Glomac Berhad's dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Glomac Berhad (KLSE:GLOMAC) is about to go ex-dividend ...