Dividend - Normal or Special

[CIMB] Special Dividend on 15-Mar-2024

Announcement Date: 01-Mar-2024
Related Stock:
CIMB
CIMB GROUP HOLDINGS BERHAD
Share Registrar:
CIMB
CIMB GROUP HOLDINGS BERHAD
FY: 31-Dec-2023
Amount

RM 0.0700

  • Ex Date
    15-Mar-2024
  • Entitlement Date
    18-Mar-2024
  • Payment Date
    03-Apr-2024
Description
CIMB GROUP HOLDINGS BERHAD announced a quarterly dividend of RM 0.0700 per share. The dividend is payable on 03-Apr-2024, while the ex-date will be on 15-Mar-2024. This is equivalent to the previous dividend of RM 0.0700 per share, with ex-date of 15-Mar-2024 and paid to the shareholders on 03-Apr-2024.

Ann. Date Ex Date Amount Payment Date

About CIMB GROUP HOLDINGS BERHAD
CIMB Group Holdings Bhd is a full-service bank based primarily in Malaysia and other Association of Southeast Asian Nations. The bank?s offerings include consumer banking, commercial banking, investment banking, Islamic banking, and asset management products and services. Most of the bank?s income is derived from net interest income. The vast majority of the bank?s earning assets are in loans, advances, and financing, while its portfolio of financial investments constitutes the next largest portion. The bank?s strategy emphasizes cost control and digital banking.

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.

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment