Dividend - Normal or Special

[GENM] Final Dividend on 20-Mar-2024

Announcement Date: 29-Feb-2024
Related Stock:
GENM
GENTING MALAYSIA BERHAD
Share Registrar:
GENM
GENTING MALAYSIA BERHAD
FY: 31-Dec-2023
Amount

RM 0.0900

  • Ex Date
    20-Mar-2024
  • Entitlement Date
    21-Mar-2024
  • Payment Date
    15-Apr-2024
Description
GENTING MALAYSIA BERHAD announced a quarterly dividend of RM 0.0900 per share. The dividend is payable on 15-Apr-2024, while the ex-date will be on 20-Mar-2024. This is higher than the previous dividend of RM 0.0600 per share, with ex-date of 11-Sep-2023 and paid to the shareholders on 02-Oct-2023.

Ann. Date Ex Date Amount Payment Date

About GENTING MALAYSIA BERHAD
Genting Malaysia is a resorts and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. 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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