GLOMAC BHD announced a quarterly dividend of RM 0.0125 per share. The dividend is payable on 18-Dec-2024, while the ex-date will be on 12-Dec-2024. This is equivalent to the previous dividend of RM 0.0125 per share, with ex-date of 13-Dec-2023 and paid to the shareholders on 22-Dec-2023.
Ann. Date
Ex Date
Amount
Payment Date
About GLOMAC BHD
Glomac Bhd is a real estate development company. The company is engaged in the development of residential and commercial properties for sale and sale of land, construction of buildings and property investment. The group is organized into three areas of businesses: Property development; Construction; and Property investment. Property development includes the development of residential land commercial properties for sale and sale of land; Construction includes the construction of buildings, and Property investment includes the investment of land and buildings held for investment potential and rental income in future. It derives most of its revenues from Property development segment. The group geographically operates and derives its income 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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