Dividend - Normal or Special

[AMBANK] Final Dividend on 14-Jun-2023

Announcement Date: 29-May-2023
Related Stock:
AMBANK
AMMB HOLDINGS BHD
Share Registrar:
AMBANK
AMMB HOLDINGS BHD
FY: 31-Mar-2023
Amount

RM 0.1230

  • Ex Date
    14-Jun-2023
  • Entitlement Date
    15-Jun-2023
  • Payment Date
    07-Jul-2023
Description
AMMB HOLDINGS BHD announced a quarterly dividend of RM 0.1230 per share. The dividend is payable on 07-Jul-2023, while the ex-date will be on 14-Jun-2023. This is higher than the previous dividend of RM 0.0600 per share, with ex-date of 14-Dec-2022 and paid to the shareholders on 28-Dec-2022.

Ann. Date Ex Date Amount Payment Date

About AMMB HOLDINGS BHD
AMMB Holdings Bhd is a provider of banking and financial services in Malaysia through its subsidiaries: AmBank and AmBank Islamic. The bank?s largest segments, which contribute the vast majority of revenue, are retail banking, wholesale banking, insurance, and group funding. The retail banking segment provides individuals and small businesses with services such as credit, auto financing, mortgages, credit cards, capital financing, personal loans, deposits, current accounts, and savings accounts. The wholesale banking business engages with corporate finance and advisory services, restructuring, security issuance, futures market services, stockbroking, and derivatives services. The insurance division offers life and general insurance products via its partnership with MetLife International.

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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