Dividend - Normal or Special

[LPI] Second Interim Dividend on 21-Feb-2023

Announcement Date: 07-Feb-2023
Related Stock:
LPI
LPI CAPITAL BHD
Share Registrar:
LPI
LPI CAPITAL BHD
FY: 31-Dec-2022
Amount

RM 0.3500

  • Ex Date
    21-Feb-2023
  • Entitlement Date
    22-Feb-2023
  • Payment Date
    02-Mar-2023
Description
LPI CAPITAL BHD announced a quarterly dividend of RM 0.3500 per share. The dividend is payable on 02-Mar-2023, while the ex-date will be on 21-Feb-2023. This is higher than the previous dividend of RM 0.2500 per share, with ex-date of 16-Aug-2022 and paid to the shareholders on 25-Aug-2022.

Ann. Date Ex Date Amount Payment Date

About LPI CAPITAL BHD
LPI Capital Bhd (LPI) is a Malaysia-based investment holding company. The Company, through its subsidiary, Lonpac Insurance Bhd (Lonpac), is engaged in providing general insurance. The Company operates through two segments: General insurance, which includes underwriting of all classes of general insurance business, mainly carried out by Lonpac, and Investment holding, which includes investment holding operations, mainly carried out by LPI Capital Bhd. Lonpac operates approximately 21 branches in Malaysia and a branch in Singapore. In addition, Campu Lonpac Insurance Plc, provides insurance solutions in Cambodia. It offers a range of general insurance products, which include employees benefits, health insurance, liability insurance, motor insurance, marine insurance, pecuniary insurance, personal accident insurance, project insurance, property insurance and trade credit insurance.

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.

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment