Dividend - Normal or Special

[MBSB] Final Dividend on 21-Jun-2024

Announcement Date: 07-Jun-2024
Related Stock:
Share Registrar:
FY: 31-Dec-2023

RM 0.0350

  • Ex Date
  • Entitlement Date
  • Payment Date
MBSB BERHAD announced a quarterly dividend of RM 0.0350 per share. The dividend is payable on 04-Jul-2024, while the ex-date will be on 21-Jun-2024. This is lower than the previous dividend of RM 0.0850 per share, with ex-date of 31-Mar-2023 and paid to the shareholders on 17-Apr-2023.

Ann. Date Ex Date Amount Payment Date

Malaysia Building Society Bhd is a Malaysia-based company. The company operates through four major segments: a financing business, which grants loans on the security of freehold and leasehold properties and offers retail financing and related services; a property development business, which develops residential and commercial properties; a business that leases real property, which leases out office buildings; and a hotel operation business, which leases hotel rooms, in addition to retail and other related business. The company also operates a business in project management and investment holding. It generates the majority of its total revenue from the financing business, and conducts business solely in 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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