Dividend - Normal or Special

[ALCOM] First and Final Dividend on 09-Jul-2024

Announcement Date: 25-Apr-2024
Related Stock:
ALCOM
ALCOM GROUP BERHAD
Share Registrar:
ALCOM
ALCOM GROUP BERHAD
FY: 31-Dec-2023
Amount

RM 0.0400

  • Ex Date
    09-Jul-2024
  • Entitlement Date
    10-Jul-2024
  • Payment Date
    26-Jul-2024
Description
ALCOM GROUP BERHAD announced a quarterly dividend of RM 0.0400 per share. The dividend is payable on 26-Jul-2024, while the ex-date will be on 09-Jul-2024. This is higher than the previous dividend of RM 0.0250 per share, with ex-date of 11-Jul-2023 and paid to the shareholders on 28-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About ALCOM GROUP BERHAD
Aluminium Co of Malaysia Bhd together with its subsidiaries are involved in the manufacture of aluminium sheets and foil products. The key business segments that the group operates are in fin stock, building products, heavy gauge foil, and specialties. The group supplies to manufacturers of air conditioner across Asia and Europe. Some of the other segments include building and construction, packaging, cables and various other industries. The company also produces other foil products such as cable foil for production of cable war, diaphragm foil and plain foil for packaging. Majority of the company's revenue comes from Malaysia and Thailand.

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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