Dividend - Normal or Special

[FIHB] Interim Dividend on 20-Jun-2023

Announcement Date: 07-Jun-2023
Related Stock:
FIHB
FEDERAL INTERNATIONAL HOLDINGS BERHAD
Share Registrar:
FIHB
FEDERAL INTERNATIONAL HOLDINGS BERHAD
FY: 30-Jun-2023
Amount

RM 0.0060

  • Ex Date
    20-Jun-2023
  • Entitlement Date
    21-Jun-2023
  • Payment Date
    06-Jul-2023
Description
FEDERAL INTERNATIONAL HOLDINGS BERHAD announced a quarterly dividend of RM 0.0060 per share. The dividend is payable on 06-Jul-2023, while the ex-date will be on 20-Jun-2023. This is higher than the previous dividend of RM 0.0050 per share, with ex-date of 23-Dec-2021 and paid to the shareholders on 07-Jan-2022.

Ann. Date Ex Date Amount Payment Date

About FEDERAL INTERNATIONAL HOLDINGS BERHAD
Federal Furniture Holdings M Bhd is a Malaysia-based company, which is engaged in the business of investment holding. It operates through four business segments: Manufacturing and Trading of Furniture, Renovation and Interior Design, Construction Business and Investment Holding. The firm is engaged in activities, including renovation and interior fit-out works; trading of home furnishings, home appliances, general building materials and general contractors for construction works, and manufacturing and export of furniture. The firm derives most of its revenue from Renovation and Interior Design segment. It principally operates in Malaysia.

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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