Dividend - Normal or Special

[DRBHCOM] Final Dividend on 30-May-2024

Announcement Date: 26-Apr-2024
Related Stock:
DRBHCOM
DRB-HICOM BHD
Share Registrar:
DRBHCOM
DRB-HICOM BHD
FY: 31-Dec-2023
Amount

RM 0.0250

  • Ex Date
    30-May-2024
  • Entitlement Date
    31-May-2024
  • Payment Date
    27-Jun-2024
Description
DRB-HICOM BHD announced a quarterly dividend of RM 0.0250 per share. The dividend is payable on 27-Jun-2024, while the ex-date will be on 30-May-2024. This is higher than the previous dividend of RM 0.0200 per share, with ex-date of 30-May-2023 and paid to the shareholders on 28-Jun-2023.

Ann. Date Ex Date Amount Payment Date

About DRB-HICOM BHD
DRB-Hicom is a Malaysian conglomerate. The company organises itself into three segments: automotive, services and education, and property, asset, and construction. The automotive segment contributes the vast majority of company revenue, and includes the production and distribution of passenger vehicles, motorcycles, commercial and special-purpose vehicles, military vehicles, and related parts and services. Services and education, the next most significant segment, includes airport ground handling, vehicle inspections, solid-waste management, banking services, postal services, integrated logistics and inventory solutions, and higher education and vocational training. The property, asset, and construction segment includes property holding, property development, and property construction.

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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