Dividend - Normal or Special

[FACBIND] Final Dividend on 30-Dec-2024

Announcement Date: 28-Oct-2024
Related Stock:
FACBIND
FACB INDUSTRIES INCORPORATED
Share Registrar:
FACBIND
FACB INDUSTRIES INCORPORATED
FY: 30-Jun-2024
Amount

RM 0.0200

  • Ex Date
    30-Dec-2024
  • Entitlement Date
    31-Dec-2024
  • Payment Date
    21-Jan-2025
Description
FACB INDUSTRIES INCORPORATED announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 21-Jan-2025, while the ex-date will be on 30-Dec-2024. This is higher than the previous dividend of RM 0.0170 per share, with ex-date of 28-Dec-2023 and paid to the shareholders on 17-Jan-2024.

Ann. Date Ex Date Amount Payment Date

About FACB INDUSTRIES INCORPORATED
FACB Industries Inc Bhd is an investment holding company. The Company through its subsidiaries is in manufacturing and sale of stainless steel butt-weld fittings, mattresses, bedding related products and furniture and investments in China. The Group comprises the following three reportable operating segments: Bedding; Steel Manufacturing and Other operations. Bedding is involved in manufacturing and marketing of mattresses, bedding related products and furniture. Steel manufacturing manufactures and sale of stainless steel butt-weld fittings. Other operations is an investment holding, provision of management and secretarial services and production and marketing of electric power and steam.

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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