Dividend - Normal or Special

[IBRACO] Final Dividend on 11-Jul-2024

Announcement Date: 25-Apr-2024
Related Stock:
IBRACO
IBRACO BHD
Share Registrar:
IBRACO
IBRACO BHD
FY: 31-Dec-2023
Amount

RM 0.0200

  • Ex Date
    11-Jul-2024
  • Entitlement Date
    12-Jul-2024
  • Payment Date
    30-Jul-2024
Description
IBRACO BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 30-Jul-2024, while the ex-date will be on 11-Jul-2024. This is higher than the previous dividend of RM 0.0150 per share, with ex-date of 16-Nov-2023 and paid to the shareholders on 27-Nov-2023.

Ann. Date Ex Date Amount Payment Date

About IBRACO BHD
Ibraco Bhd is a realty development and investment holding company. The company is engaged in property development, real estate and construction of residential, commercial and industrial properties. Its segments include property development, property holding and management and construction works. Majority of the revenue is derived from the property development segment. All operations of the company are held in Malaysia.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

How to apply
No application is needed. Shareholders that fulfill the requirement above will receive the dividend in their registered bank account on the payment date automatically.

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2024-05-02

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