Dividend for reit\trust

[AMFIRST] Income Distribution on 08-May-2024

Announcement Date: 17-Apr-2024
Related Stock:
Share Registrar:
FY: 31-Mar-2024

RM 0.0118

  • Ex Date
  • Entitlement Date
  • Payment Date
AMFIRST REITS announced a quarterly dividend of RM 0.0118 per share. The dividend is payable on 31-May-2024, while the ex-date will be on 08-May-2024. This is higher than the previous dividend of RM 0.0082 per share, with ex-date of 07-Dec-2023 and paid to the shareholders on 28-Dec-2023.

Ann. Date Ex Date Amount Payment Date

AmFirst Real Estate Investment Trust is engaged mainly in owning and investing in real estate and related assets, through the ownership of single-purpose companies whose principal assets comprise of real estate and real estate-related assets. The trust's primary investment objective is to own and invest in real estate and real estate-related assets, whether directly or indirectly, through the ownership of single-purpose companies whose principal assets consist of real estate and real estate-related assets. AmFirst generates most of its revenues from rental income.

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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