Dividend - Normal or Special

[IDEAL] Second Interim Dividend on 02-May-2024

Announcement Date: 11-Mar-2024
Related Stock:
IDEAL
IDEAL CAPITAL BERHAD
Share Registrar:
IDEAL
IDEAL CAPITAL BERHAD
FY: 31-Dec-2023
Amount

RM 0.0200

  • Ex Date
    02-May-2024
  • Entitlement Date
    03-May-2024
  • Payment Date
    31-May-2024
Description
IDEAL CAPITAL BERHAD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 31-May-2024, while the ex-date will be on 02-May-2024. This is higher than the previous dividend of RM 0.0100 per share, with ex-date of 15-Sep-2023 and paid to the shareholders on 26-Sep-2023.

Ann. Date Ex Date Amount Payment Date

About IDEAL CAPITAL BERHAD
Ideal Capital Berhad, formerly Ideal United Bintang International Berhad, is a Malaysia-based investment holding company. The Company operates through three segments: trading, property development, and project investment and project management. The trading segment is engaged in trading of heavy machinery and spare parts. The property development segment is engaged in property development activities. The project investment and project management segment is engaged in rental income and property management services. The Company's projects include One Foresta I-Santorini, Imperial Grande, ForestVille, SummerSkye Residences, Tree Sparina, Imperial Residences, One Imperial, Havana Beach Residences, Ideal Residency and The Amarene.

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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