Dividend - Normal or Special

[TIMECOM] Interim Dividend on 10-Sep-2024

Announcement Date: 26-Aug-2024
Related Stock:
TIMECOM
TIME DOTCOM BHD
Share Registrar:
TIMECOM
TIME DOTCOM BHD
FY: 31-Dec-2024
Amount

RM 0.1893

  • Ex Date
    10-Sep-2024
  • Entitlement Date
    11-Sep-2024
  • Payment Date
    25-Sep-2024
Description
TIME DOTCOM BHD announced a quarterly dividend of RM 0.1893 per share. The dividend is payable on 25-Sep-2024, while the ex-date will be on 10-Sep-2024. This is higher than the previous dividend of RM 0.0690 per share, with ex-date of 14-Mar-2024 and paid to the shareholders on 27-Mar-2024.

Ann. Date Ex Date Amount Payment Date

About TIME DOTCOM BHD
Time Dotcom Bhd is a telecommunications company that offers fixed-line and enterprise services, including data (broadband and wireless), voice, and data center services, where the majority of revenue comes from. The company divides its customer base into three segments: wholesale, retail, and enterprise. Retail and enterprise deal with households and companies, respectively. The wholesale segment provides backhaul services to Asia-Pacific and Malaysian telecommunication companies. This is enabled through the company's ownership of telecommunications infrastructure, specifically a fiber-optic cable network.

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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