Dividend - Normal or Special

[BIMB] Interim Dividend on 18-Dec-2023

Announcement Date: 30-Nov-2023
Related Stock:
BIMB
BANK ISLAM MALAYSIA BERHAD
Share Registrar:
BIMB
BANK ISLAM MALAYSIA BERHAD
FY: 31-Dec-2023
Amount

RM 0.1259

  • Ex Date
    18-Dec-2023
  • Entitlement Date
    19-Dec-2023
  • Payment Date
    12-Jan-2024
Description
BANK ISLAM MALAYSIA BERHAD announced a quarterly dividend of RM 0.1259 per share. The dividend is payable on 12-Jan-2024, while the ex-date will be on 18-Dec-2023. This is higher than the previous dividend of RM 0.0340 per share, with ex-date of 14-Apr-2023 and paid to the shareholders on 12-May-2023.

Ann. Date Ex Date Amount Payment Date

About BANK ISLAM MALAYSIA BERHAD
Bimb Holdings is a Malaysia-based Islamic holding company that is principally engaged in providing financial products and services. The company is involved in Islamic business activities mainly through its investment in Shariah-compliant business entities. The company holds a 100% stake in Bank Islam Malaysia Berhad, which is the first Shariah-based bank in Malaysia and Southeast Asia. The company has a major stake in Syarikat Takaful Malaysia Berhad, which is an Islamic insurance provider. The company also has interests in venture capital, unit trusts, stock broking, offshore banking, and others.

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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