Dividend - Normal or Special

[IBHD] Final Dividend on 11-Jul-2017

Announcement Date: 22-Jun-2017
Related Stock:
IBHD
I-BHD
Share Registrar:
IBHD
I-BHD
FY: 31-Dec-2016
Amount

RM 0.0188

  • Ex Date
    11-Jul-2017
  • Entitlement Date
    13-Jul-2017
  • Payment Date
    27-Jul-2017
Description
I-BHD announced a quarterly dividend of RM 0.0188 per share. The dividend is payable on 27-Jul-2017, while the ex-date will be on 11-Jul-2017. This is higher than the previous dividend of RM 0.013 per share, with ex-date of 29-Jul-2016 and paid to the shareholders on 16-Aug-2016.

Ann. Date Ex Date Amount Payment Date

About I-BHD
I-Berhad through its subsidiaries offers residential and commercial property development, property investment, promotion, marketing and management of events, leisure, hotel and other tourism-related services. It three segments are property development, Property Investment, and Leisure. It has two major property development projects namely The RM9 billion GDV i-city in Shah Alam and The iconic King of the Hill, 8Kia Peng in the vicinity of Kuala Lumpur City Centre. The Leisure segment comprises the Leisure Park @i-city and Best Western i-City Hotel Operations. The Property Investment segment?s development includes multi-story car parks convention center under the central tower development. The company?s maximum revenue is generated from property development segment.

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.

Discussions
1 person likes this. Showing 2 of 2 comments

darkstar

Nice one!

2017-06-22 18:02

darkstar

that's 3%++

2017-06-22 18:03

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