Dividend - Normal or Special

[GASMSIA] Final Dividend on 30-May-2024

Announcement Date: 25-Mar-2024
Related Stock:
GASMSIA
GAS MALAYSIA BERHAD
Share Registrar:
GASMSIA
GAS MALAYSIA BERHAD
FY: 31-Dec-2023
Amount

RM 0.0862

  • Ex Date
    30-May-2024
  • Entitlement Date
    31-May-2024
  • Payment Date
    13-Jun-2024
Description
GAS MALAYSIA BERHAD announced a quarterly dividend of RM 0.0862 per share. The dividend is payable on 13-Jun-2024, while the ex-date will be on 30-May-2024. This is higher than the previous dividend of RM 0.0842 per share, with ex-date of 19-Mar-2024 and paid to the shareholders on 03-Apr-2024.

Ann. Date Ex Date Amount Payment Date

About GAS MALAYSIA BERHAD
Gas Malaysia Bhd is a Malaysian gas utility company of which the major shareholder is the state-owned Malaysian energy corporation, Petronas. Gas Malaysia is involved in the distribution and sale of natural gas and liquefied petroleum gas (LPG) within the Natural Gas Distribution System in Peninsular Malaysia. The company segments its operations into Natural Gas & LPG and Others. Nearly all of Gas Malaysia's revenue is derived from its Natural Gas & LPG division. Within this unit, the sale of natural gas generates the vast majority of revenue. Malaysia Gas also receives revenue from sales of LPG, the construction of pipelines, and pipeline usage tolling fees. While the company serves a variety of industrial and commercial consumers, most of its customers are residential entities.

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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