MALAYAN BANKING BHD announced a quarterly dividend of RM 0.3000 per share. The dividend is payable on 24-Mar-2023, while the ex-date will be on 13-Mar-2023. This is higher than the previous dividend of RM 0.2800 per share, with ex-date of 19-Sep-2022 and paid to the shareholders on 19-Oct-2022.
Ann. Date
Ex Date
Amount
Payment Date
About MALAYAN BANKING BHD
Malayan Banking Bhd is a financial-services group with a mostly regional presence in the Association of Southeast Asian Nations. Maybank provides a comprehensive range of financial services under three key reporting segments, including community financial services, global banking, and insurance. The majority of its profit activities are in consumer, corporate, investment, transaction, retail, and business banking for mostly small and midsize enterprises. Much of Maybank?s business model is leveraged to distribute banking products to its key target market of Islamic clients.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....