PRESS METAL ALUMINIUM HOLDINGS BERHAD announced a quarterly dividend of RM 0.0175 per share. The dividend is payable on 29-Mar-2024, while the ex-date will be on 13-Mar-2024. This is equivalent to the previous dividend of RM 0.0175 per share, with ex-date of 15-Dec-2023 and paid to the shareholders on 29-Dec-2023.
Ann. Date
Ex Date
Amount
Payment Date
About PRESS METAL ALUMINIUM HOLDINGS BERHAD
Press Metal Aluminium Holdings Bhd manufactures and sells extruded aluminum and other aluminum products to customers worldwide. The company operates in two segments based on function. The smelting and extrusion segment, which generates the vast majority of revenue, purchases aluminum scrap and produces extruded aluminum and aluminum alloys to industrial customers. The trading segment markets aluminum products. Press Metal has two customers that each account for over 10% of the firm?s revenue. The majority of Press Metal?s revenue comes from Asia and Europe.
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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