Dividend for reit\trust

[IGBREIT] Income Distribution on 11-Feb-2022

Announcement Date: 26-Jan-2022
Related Stock:
IGBREIT
IGB REAL ESTATE INV TRUST
Share Registrar:
IGBREIT
IGB REAL ESTATE INV TRUST
FY: 31-Dec-2021
Amount

RM 0.0217

  • Ex Date
    11-Feb-2022
  • Entitlement Date
    14-Feb-2022
  • Payment Date
    25-Feb-2022
Description
IGB REAL ESTATE INV TRUST announced a quarterly dividend of RM 0.0217 per share. The dividend is payable on 25-Feb-2022, while the ex-date will be on 11-Feb-2022. This is higher than the previous dividend of RM 0.0118 per share, with ex-date of 09-Nov-2021 and paid to the shareholders on 30-Nov-2021.

Ann. Date Ex Date Amount Payment Date

About IGB REAL ESTATE INV TRUST
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company?s portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company divides its operations into two segments based on its two major retail malls in the portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The company generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.

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
Be the first to like this. Showing 0 of 0 comments

Post a Comment