Dividend - Normal or Special

[AEONCR] Interim Dividend on 14-Oct-2022

Announcement Date: 29-Sep-2022
Related Stock:
AEONCR
AEON CREDIT SERVICE (M) BHD
Share Registrar:
AEONCR
AEON CREDIT SERVICE (M) BHD
FY: 28-Feb-2023
Amount

RM 0.2850

  • Ex Date
    14-Oct-2022
  • Entitlement Date
    17-Oct-2022
  • Payment Date
    03-Nov-2022
Description
AEON CREDIT SERVICE (M) BHD announced a quarterly dividend of RM 0.2850 per share. The dividend is payable on 03-Nov-2022, while the ex-date will be on 14-Oct-2022. This is higher than the previous dividend of RM 0.1500 per share, with ex-date of 06-Jul-2022 and paid to the shareholders on 21-Jul-2022.

Ann. Date Ex Date Amount Payment Date

About AEON CREDIT SERVICE (M) BHD
Aeon Credit Service M Bhd primarily offers credit cards and other loans and financing options to consumers in Malaysia. The company earns more than 80% of its revenue from interest and financing charges on the loans it provides. Fees provide the remaining revenue. Vehicle financing, with a roughly even split between cars and motorcycles, accounts for more than half of the loans the company has outstanding. Remaining loans outstanding are in the personal financing, consumer durables financing, and credit card categories. Aeon Credit issues credit cards under the Visa and Mastercard brand names.

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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