Dividend - Normal or Special

[MAXIS] Fourth Interim Dividend on 08-Mar-2024

Announcement Date: 22-Feb-2024
Related Stock:
Share Registrar:
FY: 31-Dec-2023

RM 0.0400

  • Ex Date
  • Entitlement Date
  • Payment Date
MAXIS BERHAD announced a quarterly dividend of RM 0.0400 per share. The dividend is payable on 21-Mar-2024, while the ex-date will be on 08-Mar-2024. This is equivalent to the previous dividend of RM 0.0400 per share, with ex-date of 27-Nov-2023 and paid to the shareholders on 21-Dec-2023.

Ann. Date Ex Date Amount Payment Date

Maxis Bhd is a telecommunications provider. Its primary services include mobile, wireless, fixed, and enterprise services, with the majority of revenue generated from mobile and wireless. The company generates mobile revenue from prepaid and postpaid subscribers, with roughly an even split between both. Within enterprise services, Maxis provides traditional managed services in addition to mobile and fixed services. Additionally, the company owns fiber backhaul infrastructure. The company generates the vast majority of its revenue 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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