ALLIANZ MALAYSIA BHD announced a quarterly dividend of RM 0.125 per share. The dividend is payable on 29-Jul-2005, while the ex-date will be on 13-Jul-2005.
About ALLIANZ MALAYSIA BHD
Allianz Malaysia Bhd is a diversified insurance company that provides life and general insurance in Malaysia. The vast majority of the company?s revenue is generated through insurance premiums, with the remainder stemming from investment income as well as fee and commission income. The company?s general insurance includes automotive, home, and personal insurance. Allianz Malaysia?s business insurance includes fire, engineering, and liability insurance. The company also offers life insurance through a variety of its products.
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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