Dividend - Normal or Special

[RHBBANK] Final Dividend on 10-Jun-2020

Announcement Date: 29-Apr-2020
Related Stock:
RHBBANK
RHB BANK BERHAD
Share Registrar:
RHBBANK
RHB BANK BERHAD
FY: 31-Dec-2019
Amount

RM 0.1850

  • Ex Date
    10-Jun-2020
  • Entitlement Date
    11-Jun-2020
  • Payment Date
    26-Jun-2020
Description
RHB BANK BERHAD announced a quarterly dividend of RM 0.1850 per share. The dividend is payable on 26-Jun-2020, while the ex-date will be on 10-Jun-2020. This is higher than the previous dividend of RM 0.125 per share, with ex-date of 18-Sep-2019 and paid to the shareholders on 01-Oct-2019.

Ann. Date Ex Date Amount Payment Date

About RHB BANK BERHAD
RHB Capital Bhd. is a financial services group in Malaysia. The group has five main subsidiaries: RHB Bank Berhad, RHB Investment Bank Berhad, RHB Islamic Bank Berhad, RHB Insurance Berhad, and RHB Asset Management Sdn Bhd. The largest subsidiary, RHB Investment Bank Berhad, provides capital market solutions, securities broking, asset management, and trustee services to a wide range of corporate, institutional, retail, and high net worth clients. The company also provides non-banking products such as general insurance, unit trust management, asset management/nominee, and custodian services. The bank has international presence with operations across multiple countries and offers solutions through personal and digital channels.

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.

Market Buzz
Discussions
1 person likes this. Showing 1 of 1 comments

lcs13579

Can get advise

2020-04-30 15:29

Post a Comment