Dividend - Normal or Special

[ABMB] Interim Dividend on 15-Jun-2023

Announcement Date: 30-May-2023
Related Stock:
ABMB
ALLIANCE BANK MALAYSIA BERHAD
Share Registrar:
ABMB
ALLIANCE BANK MALAYSIA BERHAD
FY: 31-Mar-2023
Amount

RM 0.1000

  • Ex Date
    15-Jun-2023
  • Entitlement Date
    16-Jun-2023
  • Payment Date
    28-Jun-2023
Description
ALLIANCE BANK MALAYSIA BERHAD announced a quarterly dividend of RM 0.1000 per share. The dividend is payable on 28-Jun-2023, while the ex-date will be on 15-Jun-2023. This is lower than the previous dividend of RM 0.1200 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 ALLIANCE BANK MALAYSIA BERHAD
Alliance Bank Malaysia Bhd, formerly Alliance Financial Group is a Malaysia-based company engaged in providing banking and financial services. Its core business segments consist of the Consumer Banking segment, which offers personal banking solutions, including mortgages, various loans, hire purchase facilities, credit cards, and wealth management; the business banking segment, which consists of small and midsize enterprise and wholesale banking, and offers products and services, such as cash management, trade finance, treasury, and structured solutions; the financial markets segment, which offers money market, hedging, foreign exchange, wealth management, and other services; and the investment banking segment, which provides stockbroking and corporate advisory services.

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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