On 17 September 2026, a dividend payment of RM4.00 was recorded for my 200 shares of Frontken Corporation Berhad (Bursa Malaysia: FRONTKN, 0128). The dividend was 2.0 sen per share, and the company’s dividend voucher shows the calculation and payment details.
This is the first entry in How to Receive Stock Dividends, a series documenting actual cash distributions from shares I hold. Each entry records one payment, the evidence behind it, and what the amount means in relation to the original investment. The aim is to show how stock dividends work in practice, including payments that are small.
A note on dates: This entry uses the actual dividend payment date, 17 September 2026, as its journal date. It was prepared for publication later. The payment facts below come from the dated dividend tax voucher and crediting notice; this article does not use subsequent dividend announcements to describe this payment.
1. Dividend Details
HOW TO RECEIVE STOCK DIVIDENDS · #1
FRONTKN (0128)
- Shares entitled
- 200
- Dividend per share
- 2.0 sen
- Dividend type
- Interim
- Dividend number
- 18
- Shares registered on
- 24 Aug 2026
- Gross dividend
- RM4.00
- Income tax shown on voucher
- —
- Financial year ending
- 31 Dec 2026
Net dividend shown as paid
RM4.00
The voucher labels this as Dividend No. 18, an interim, single-tier dividend for the financial year ending 31 December 2026. It lists 200 shares, a dividend rate of 2.0 sen per share, and matching gross and net amounts of RM4.00. The accompanying notice says the dividend was credited to the designated bank account. The document is my primary evidence for the payment.
2. How the RM4.00 Dividend Was Calculated
A dividend quoted in sen per share is multiplied by the number of eligible shares. Because 100 sen equals RM1, 2.0 sen is RM0.02.
| Calculation | Amount |
|---|---|
| Eligible FRONTKN shares | 200 |
| Dividend per share | RM0.02 |
| Gross dividend: 200 × RM0.02 | RM4.00 |
| Income tax deducted, as shown on voucher | — |
| Net dividend shown on voucher | RM4.00 |
In this case, the gross and net dividends are the same. That is what this particular voucher records; it should not be read as a statement that every investor or every type of dividend has the same tax treatment. Tax obligations depend on the applicable rules and a shareholder’s circumstances.
The amount is modest, but the calculation is useful because the cash came from owning shares rather than selling them. The dividend payment itself did not require a sale of the shares. Any subsequent change in my holdings would be a separate transaction and is not established by this voucher.
3. Record Date and Payment Date
Two different dates appear on the voucher:
- 24 August 2026 — Shares registered on: the date used by the company to identify the shares recorded for this dividend entitlement.
- 17 September 2026 — Payment date: the date shown for the cash distribution and the corresponding notice of crediting.
The first is about eligibility; the second is about payment. The exact ex-dividend date is not shown on the provided voucher, so I have not guessed it. Investors checking a future distribution should look at the company’s official dividend announcement for its ex-date and entitlement conditions.
My earlier FRONTKN purchase was made on 3 June 2026, when I bought 200 shares at RM4.88 per share. That purchase provides the original cost basis for the return calculation below.
4. Dividend Return on My Purchase Price
A dividend amount is more meaningful when compared with the money originally invested.
| Original purchase | Value |
|---|---|
| Date bought | 3 June 2026 |
| Shares bought | 200 |
| Purchase price per share | RM4.88 |
| Share purchase amount | RM976.00 |
| Transaction charges | RM9.30 |
| Total purchase cost including fees | RM985.30 |
| Dividend recorded on 17 September 2026 | RM4.00 |
Dividend as a percentage of the share purchase price
RM0.02 ÷ RM4.88 × 100 ≈ 0.41%.
This is the cash dividend per share divided by my original execution price. It measures this one dividend payment in relation to the buy price.
Dividend as a percentage of my total purchase cost
RM4.00 ÷ RM985.30 × 100 ≈ 0.41% (approximately 0.406% before rounding).
Using the total purchase cost includes the RM9.30 of original brokerage and other charges. The difference is small here, but including fees makes the calculation more faithful to what I actually paid.
Neither number is an annual dividend yield. This voucher documents one interim distribution, not the company’s total dividends over a year. Annualising one payment without reliable information about future distributions could give a misleading impression of recurring income.
The dividend also does not establish my total investment return. That would depend on changes in the share price, any later dividends, and the costs of buying or selling. A falling share price could outweigh the income from this payment.
5. What Receiving This Dividend Means
Receiving RM4.00 is not a large investment milestone by itself. It does show the distinction between cash income from a shareholding and profit from selling shares.
I did not need to sell the 200 FRONTKN shares to receive this distribution. Instead, the company made a cash payment to eligible shareholders. A dividend is not free additional value, however: cash distributed to shareholders leaves the company, and market prices can adjust around dividend entitlement dates for several reasons.
The payment is also not a reason on its own to call FRONTKN a good investment. Dividend sustainability depends on the company’s earnings, cash generation, capital requirements and future decisions. A business can pay a dividend while its share price performs poorly, and a growing business may choose to reinvest cash rather than distribute more of it.
That is why I keep dividend records separate from my stock purchase journal. The purchase entry explains why the shares were bought; this entry records a real cash distribution from holding them.
6. What I Will Track Next
For future dividends from FRONTKN, I want to keep a consistent record of the announced dividend per share, the number of eligible shares, the record and payment dates, and the net amount shown on the payment notice. I will also distinguish individual interim or final payments from the full-year dividend total.
If another FRONTKN dividend is paid, it can become a new entry in this series. The original RM4.00 payment will remain its own dated record, rather than being rewritten using later announcements.
7. Final Thoughts
The first entry in How to Receive Stock Dividends starts with a simple, verifiable result: 200 FRONTKN shares × 2.0 sen = RM4.00, with a payment date of 17 September 2026.
For me, the useful lesson is not that a small dividend makes an investment successful. It is that a clear record of what was paid, when it was paid, and how it compares with the original cost makes the long-term investment journey easier to understand and review.
Primary source: The FRONTKN dividend tax voucher and notice of crediting, dated 17 September 2026. The share purchase details are recorded separately in How to Invest in Stocks #1: Buying FRONTKN.
This is a personal investment record and educational explanation, not a recommendation to buy or sell securities or individual tax advice.