Dividend - Normal or Special

[IDBTECH] Interim Dividend on 23-May-2024

Announcement Date: 15-May-2024
Related Stock:
IDBTECH
IDB TECHNOLOGIES BERHAD
Share Registrar:
IDBTECH
IDB TECHNOLOGIES BERHAD
FY: 30-Jun-2024
Amount

RM 0.0020

  • Ex Date
    23-May-2024
  • Entitlement Date
    24-May-2024
  • Payment Date
    31-May-2024
Description
IDB TECHNOLOGIES BERHAD announced a quarterly dividend of RM 0.0020 per share. The dividend is payable on 31-May-2024, while the ex-date will be on 23-May-2024. This is higher than the previous dividend of RM 0.0010 per share, with ex-date of 14-Apr-2023 and paid to the shareholders on 28-Apr-2023.

Ann. Date Ex Date Amount Payment Date

About IDB TECHNOLOGIES BERHAD
IDB Technologies Berhad operates as a holding company. The Company, through its subsidiaries, provides IT integrated solutions specialising in property management solutions for hotels and accommodations comprising proprietary end-to-end software modules for reservations and booking engines, front desk, housekeeping, point-of-sale software, accounting and others.

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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