Dividend - Normal or Special

[MAGNUM] First Interim Dividend on 14-Jun-2022

Announcement Date: 19-May-2022
Related Stock:
MAGNUM
MAGNUM BERHAD
Share Registrar:
MAGNUM
MAGNUM BERHAD
FY: 31-Dec-2022
Amount

RM 0.0100

  • Ex Date
    14-Jun-2022
  • Entitlement Date
    15-Jun-2022
  • Payment Date
    24-Jun-2022
Description
MAGNUM BERHAD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 24-Jun-2022, while the ex-date will be on 14-Jun-2022. This is lower than the previous dividend of RM 0.0150 per share, with ex-date of 11-Mar-2022 and paid to the shareholders on 25-Mar-2022.

Ann. Date Ex Date Amount Payment Date

About MAGNUM BERHAD
Magnum Bhd is an investment holding company primarily involved in the gambling industry. Magnum, through a government license, is primarily involved in the forecasting lottery business. The company operates three main lotteries: Magnum 4D Jackpot, Magnum 4D Jackpot Gold, and Magnum 4D Powerball. The company generates the vast majority of its revenue 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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