Dividend - Normal or Special

[ICAP] Interim Dividend (with Dividend Re-Investment Plan) on 05-Nov-2024

Announcement Date: 22-Oct-2024
Related Stock:
ICAP
ICAPITAL.BIZ BHD
Share Registrar:
ICAP
ICAPITAL.BIZ BHD
FY: 31-May-2025
Amount

RM 0.1041

  • Ex Date
    05-Nov-2024
  • Entitlement Date
    06-Nov-2024
  • Payment Date
    04-Dec-2024
Description
ICAPITAL.BIZ BHD announced a quarterly dividend of RM 0.1041 per share. The dividend is payable on 04-Dec-2024, while the ex-date will be on 05-Nov-2024. This is lower than the previous dividend of RM 0.2000 per share, with ex-date of 17-Dec-2021 and paid to the shareholders on 31-Dec-2021.

Ann. Date Ex Date Amount Payment Date

About ICAPITAL.BIZ BHD
icapital biz Bhd is a Malaysian closed-end fund. The primary investment objective is a long-term capital appreciation of its investments. The company mainly invests in undervalued companies which are listed on the Main Market of Bursa Malaysia Securities Berhad and the ACE Market of Bursa Securities. It also invests in cash deposits. The revenue generated by the company includes interest income, dividend income, and other income.

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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