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Dividen were not only for minor shareholders but also for major shareholders.. Pelikan sold some machines from Germany and they distribute what they earn from that sale basically for themselves. AirAsia also did the same. You hardly earn much from owning their shares. When it comes to dividend, minor shareholders loose more money e.g. AirAsia pays Dividen MYR 1 per share at MYR3 per share. Share price dropped after adjustment and never recover until now.