Dividend - Normal or Special

[AFFIN] Final Dividend (with Dividend Re-Investment Plan) on 10-May-2024

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

RM 0.0576

  • Ex Date
    10-May-2024
  • Entitlement Date
    13-May-2024
  • Payment Date
    12-Jun-2024
Description
AFFIN BANK BERHAD announced a quarterly dividend of RM 0.0576 per share. The dividend is payable on 12-Jun-2024, while the ex-date will be on 10-May-2024. This is lower than the previous dividend of RM 0.0777 per share, with ex-date of 09-Jun-2023 and paid to the shareholders on 11-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About AFFIN BANK BERHAD
Affin Holdings Berhad is a bank headquartered in Kuala Lumpur and operating in Malaysia. Under the name Affinbank, the company provides consumer banking, car hire purchase, mortgages, credit and debit cards, and wealth management. Under the Affin Islamic name, the bank provides Shariah-compliant services to clients. The company offers investment banking services under the name Afiin Hwang Capital, along with securities services and asset management. The majority of the group's revenue comes from Commercial Banking within Malaysia.

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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