Dividend - Normal or Special

[PETDAG] Interim Dividend on 06-Jun-2024

Announcement Date: 21-May-2024
Related Stock:
PETDAG
PETRONAS DAGANGAN BHD
Share Registrar:
PETDAG
PETRONAS DAGANGAN BHD
FY: 31-Dec-2024
Amount

RM 0.1800

  • Ex Date
    06-Jun-2024
  • Entitlement Date
    07-Jun-2024
  • Payment Date
    19-Jun-2024
Description
PETRONAS DAGANGAN BHD announced a quarterly dividend of RM 0.1800 per share. The dividend is payable on 19-Jun-2024, while the ex-date will be on 06-Jun-2024. This is lower than the previous dividend of RM 0.2700 per share, with ex-date of 11-Mar-2024 and paid to the shareholders on 26-Mar-2024.

Ann. Date Ex Date Amount Payment Date

About PETRONAS DAGANGAN BHD
Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the leading revenue generator, retail operations are the leading focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company?s other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.

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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