Dividend - Normal or Special

[ALLIANZ] First Interim Dividend on 28-May-2024

Announcement Date: 13-May-2024
Related Stock:
ALLIANZ
ALLIANZ MALAYSIA BHD
Share Registrar:
ALLIANZ
ALLIANZ MALAYSIA BHD
FY: 31-Dec-2024
Amount

RM 0.2650

  • Ex Date
    28-May-2024
  • Entitlement Date
    29-May-2024
  • Payment Date
    12-Jun-2024
Description
ALLIANZ MALAYSIA BHD announced a quarterly dividend of RM 0.2650 per share. The dividend is payable on 12-Jun-2024, while the ex-date will be on 28-May-2024. This is lower than the previous dividend of RM 0.6900 per share, with ex-date of 23-Jan-2024 and paid to the shareholders on 08-Feb-2024.

Ann. Date Ex Date Amount Payment Date

About ALLIANZ MALAYSIA BHD
Allianz Malaysia Bhd is a diversified insurance company that provides life and general insurance in Malaysia. The vast majority of the company?s revenue is generated through insurance premiums, with the remainder stemming from investment income as well as fee and commission income. The company?s general insurance includes automotive, home, and personal insurance. Allianz Malaysia?s business insurance includes fire, engineering, and liability insurance. The company also offers life insurance through a variety of its products.

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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