IGB REAL ESTATE INV TRUST announced a quarterly dividend of RM 0.0268 per share. The dividend is payable on 28-Nov-2024, while the ex-date will be on 11-Nov-2024. This is higher than the previous dividend of RM 0.0256 per share, with ex-date of 07-Aug-2024 and paid to the shareholders on 30-Aug-2024.
Ann. Date
Ex Date
Amount
Payment Date
About IGB REAL ESTATE INV TRUST
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company?s portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company divides its operations into two segments based on its two major retail malls in the portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The company generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....