BRITISH AMERICAN TOBACCO (M) announced a quarterly dividend of RM 0.1500 per share. The dividend is payable on 05-Mar-2024, while the ex-date will be on 20-Feb-2024. This is lower than the previous dividend of RM 0.1900 per share, with ex-date of 10-Nov-2023 and paid to the shareholders on 28-Nov-2023.
Ann. Date
Ex Date
Amount
Payment Date
About BRITISH AMERICAN TOBACCO (M)
British American Tobacco Malaysia Bhd manufactures and sells cigarettes and other tobacco products in Malaysia. It also undertakes contract manufacturing for British American Tobacco Group in the Asia-Pacific region to export both cigarettes and semifinished goods to Australia, South Korea, the Philippines, and Taiwan. Most of the company?s revenue is from its tobacco sales in Malaysia, where it sells its products to third-party distributors. Key brands include Dunhill, Peter Stuyvesant, Pall Mall, Kent, and Shuang Xi.
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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