Dividend - Normal or Special

[NESTLE] Interim Dividend on 03-Sep-2024

Announcement Date: 25-Jul-2024
Related Stock:
NESTLE
NESTLE (M) BHD
Share Registrar:
NESTLE
NESTLE (M) BHD
FY: 31-Dec-2024
Amount

RM 0.7000

  • Ex Date
    03-Sep-2024
  • Entitlement Date
    04-Sep-2024
  • Payment Date
    03-Oct-2024
Description
NESTLE (M) BHD announced a quarterly dividend of RM 0.7000 per share. The dividend is payable on 03-Oct-2024, while the ex-date will be on 03-Sep-2024. This is lower than the previous dividend of RM 1.2800 per share, with ex-date of 17-Apr-2024 and paid to the shareholders on 16-May-2024.

Ann. Date Ex Date Amount Payment Date

About NESTLE (M) BHD
Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The company has the following business segments: dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately 80% of total sales. The most well-known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.

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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