INFOLINE TEC GROUP BERHAD announced a quarterly dividend of RM 0.0094 per share. The dividend is payable on 22-Dec-2023, while the ex-date will be on 07-Dec-2023. This is lower than the previous dividend of RM 0.0138 per share, with ex-date of 04-Jul-2023 and paid to the shareholders on 14-Jul-2023.
About INFOLINE TEC GROUP BERHAD
Infoline Tec Group Berhad is a Malaysia-based company. The Company is principally involved in providing information technology (IT) infrastructure solutions, managed services and other IT services and cybersecurity solutions to enterprises. It is specialized in the designing and implementation of IT infrastructure solutions that meet customers' business needs and requirements. The Company provides cybersecurity solutions to protect its customers' IT infrastructure and data from cyber threats, attacks and unauthorized access which mitigate cybersecurity risks and minimize costs associated with dealing with cyber threats and attacks. It provides managed IT services that enterprises to monitor and manage their IT infrastructure and cybersecurity solutions. It provides one-off professional services for customers who do not procure any hardware or software through the Company. In addition, the Company also provides ancillary hardware and software products to IT infrastructure solutions.
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....