Dividend - Normal or Special

[PBBANK] Second Interim Dividend on 13-Mar-2024

Announcement Date: 28-Feb-2024
Related Stock:
PBBANK
PUBLIC BANK BHD
Share Registrar:
PBBANK
PUBLIC BANK BHD
FY: 31-Dec-2023
Amount

RM 0.1000

  • Ex Date
    13-Mar-2024
  • Entitlement Date
    14-Mar-2024
  • Payment Date
    22-Mar-2024
Description
PUBLIC BANK BHD announced a quarterly dividend of RM 0.1000 per share. The dividend is payable on 22-Mar-2024, while the ex-date will be on 13-Mar-2024. This is higher than the previous dividend of RM 0.0900 per share, with ex-date of 13-Sep-2023 and paid to the shareholders on 22-Sep-2023.

Ann. Date Ex Date Amount Payment Date

About PUBLIC BANK BHD
Public Bank Bhd is a Malaysian banking group that provides a range of financial products and services, including personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sale and management of unit trust funds, bancassurance, and general insurance products. In additional to its mostly Malaysian operational presence, the bank is exposed to other Southeast Asian nations through some of its branches. Its strategy emphasizes organic growth in the retail banking business, particularly retail consumers and small and medium-size enterprises. The vast majority of its earning assets are in loans, advances, and financing.

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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