Dividend - Normal or Special

[KLCC] Fourth Interim Dividend on 21-Feb-2024

Announcement Date: 07-Feb-2024
Related Stock:
KLCC
KLCC PROP&REITS-STAPLED SEC
Share Registrar:
KLCC
KLCC PROP&REITS-STAPLED SEC
FY: 31-Dec-2023
Amount

RM 0.0800

  • Ex Date
    21-Feb-2024
  • Entitlement Date
    22-Feb-2024
  • Payment Date
    29-Feb-2024
Description
KLCC PROP&REITS-STAPLED SEC announced a quarterly dividend of RM 0.0800 per share. The dividend is payable on 29-Feb-2024, while the ex-date will be on 21-Feb-2024. This is higher than the previous dividend of RM 0.0640 per share, with ex-date of 21-Feb-2024 and paid to the shareholders on 29-Feb-2024.

Ann. Date Ex Date Amount Payment Date

About KLCC PROP&REITS-STAPLED SEC
KLCC Real Estate Investment Trust, or KLCC REIT, is a real estate investment trust primarily engaged in the ownership, management, and redevelopment of office and retail space in Malaysia. The company's real estate portfolio is comprised of well-known buildings, such as the Petronas Twin Towers, in the Central Business District of Kuala Lumpur, Malaysia, or the Kuala Lumpur City Centre. KLCC REIT derives the vast majority of its revenue in the form of net property income from tenants. The company's ownership of the Petronas Twin Towers office building is responsible for most of this revenue generation and represents its largest asset. KLCC REIT's largest client is the occupant of the Petronas Twin Towers.

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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