Dividend - Normal or Special

[OIB] Interim Dividend on 29-Nov-2024

Announcement Date: 28-Oct-2024
Related Stock:
OIB
ORIENTAL INTEREST BHD
Share Registrar:
OIB
ORIENTAL INTEREST BHD
FY: 31-Aug-2024
Amount

RM 0.0550

  • Ex Date
    29-Nov-2024
  • Entitlement Date
    02-Dec-2024
  • Payment Date
    16-Dec-2024
Description
ORIENTAL INTEREST BHD announced a quarterly dividend of RM 0.0550 per share. The dividend is payable on 16-Dec-2024, while the ex-date will be on 29-Nov-2024. This is higher than the previous dividend of RM 0.0500 per share, with ex-date of 14-Dec-2023 and paid to the shareholders on 29-Dec-2023.

Ann. Date Ex Date Amount Payment Date

About ORIENTAL INTEREST BHD
Oriental Interest Bhd is engaged in providing management services. The company?s activities include commercial and residential property development and general construction, and oil palm cultivation. Its projects portfolio is spread across the Northern region, Central Region and Southern region through Malaysia. The company?s segments include Property development, Construction, Investment holding, Oil palm cultivation, and Other that includes hotel operations. Majority of the revenue is derived from the property development segment throughout 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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