Dividend - Normal or Special

[MPHBCAP] Interim Dividend on 11-Jun-2024

Announcement Date: 27-May-2024
Related Stock:
MPHBCAP
MPHB Capital Berhad
Share Registrar:
MPHBCAP
MPHB Capital Berhad
FY: 31-Dec-2024
Amount

RM 0.0300

  • Ex Date
    11-Jun-2024
  • Entitlement Date
    12-Jun-2024
  • Payment Date
    26-Jun-2024
Description
MPHB Capital Berhad announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 26-Jun-2024, while the ex-date will be on 11-Jun-2024. This is lower than the previous dividend of RM 0.0500 per share, with ex-date of 01-Jun-2023 and paid to the shareholders on 20-Jun-2023.

Ann. Date Ex Date Amount Payment Date

About MPHB Capital Berhad
MPHB Capital Bhd is a Malaysian holding company. The company is engaged in providing insurance services and provision of credit services. It is operating a general insurance business which underwrites all classes of general insurance including fire, motor, marine, personal accident, engineering, hospital and surgical and miscellaneous insurance through its subsidiary MPI Generali Insurance Berhad. The company also engaged in operating hotels such as Hotel Flamingo, Plaza Flamingo and Oil palm plantation. Additionally, it also provides for property development and property investment. The company has three reportable segments such as Insurance, Credit, and investments. The majority of the company's revenue is generated from its insurance business.

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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