Dividend - Normal or Special

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

Announcement Date: 29-Feb-2024
Related Stock:
MAYBANK
MALAYAN BANKING BHD
Share Registrar:
MAYBANK
MALAYAN BANKING BHD
FY: 31-Dec-2023
Amount

RM 0.3100

  • Ex Date
    13-Mar-2024
  • Entitlement Date
    14-Mar-2024
  • Payment Date
    26-Mar-2024
Description
MALAYAN BANKING BHD announced a quarterly dividend of RM 0.3100 per share. The dividend is payable on 26-Mar-2024, while the ex-date will be on 13-Mar-2024. This is higher than the previous dividend of RM 0.2900 per share, with ex-date of 14-Sep-2023 and paid to the shareholders on 27-Sep-2023.

Ann. Date Ex Date Amount Payment Date

About MALAYAN BANKING BHD
Malayan Banking Bhd is a financial-services group with a mostly regional presence in the Association of Southeast Asian Nations. Maybank provides a comprehensive range of financial services under three key reporting segments, including community financial services, global banking, and insurance. The majority of its profit activities are in consumer, corporate, investment, transaction, retail, and business banking for mostly small and midsize enterprises. Much of Maybank?s business model is leveraged to distribute banking products to its key target market of Islamic clients.

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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