You must not be a shareholder then or your brokerage firm has made a mistake. My broker increased my shares held by 5% last night and the have today as ex-div date, then 29th as the rec date and Aug 9th as the pay date.
My broker is Goldman Sachs, the biggest and the best so I trust they are correct. I am a very large MAGS shareholder and did receive 5% additional shares overnight. Stock dividends are paid on the ex-div date. They are not like cash dividends which are issued on the pay date becuse the value can change.
Do you have your ""Notice of annual general meeting of shareholders"? Page 9 section V. paragrapgh 2. At a meeting held on April 28, 2004, our board of directors declared a 5% share dividend, payable to holders of our ordinary shares as of July 29, 2004, as a final dividend for the year ended december 31, 2003.
The 29th is the settlement date for all stock holders at the close yesterday.
The next paragrapgh explain a .05 cent per shares dividend was issued as an interm dividend. It looks like the June 29th date in the "RESOLVED" section is a mistake and should read July 29th.