Dividend - Normal or Special

[MAGNUM] Third Interim Dividend on 05-Dec-2024

Announcement Date: 21-Nov-2024
Related Stock:
MAGNUM
MAGNUM BERHAD
Share Registrar:
MAGNUM
MAGNUM BERHAD
FY: 31-Dec-2024
Amount

RM 0.0150

  • Ex Date
    05-Dec-2024
  • Entitlement Date
    06-Dec-2024
  • Payment Date
    18-Dec-2024
Description
MAGNUM BERHAD announced a quarterly dividend of RM 0.0150 per share. The dividend is payable on 18-Dec-2024, while the ex-date will be on 05-Dec-2024. This is lower than the previous dividend of RM 0.0200 per share, with ex-date of 06-Sep-2024 and paid to the shareholders on 20-Sep-2024.

Ann. Date Ex Date Amount Payment Date

About MAGNUM BERHAD
Magnum Bhd is an investment holding company primarily involved in the gambling industry. Magnum, through a government license, is primarily involved in the forecasting lottery business. The company operates three main lotteries: Magnum 4D Jackpot, Magnum 4D Jackpot Gold, and Magnum 4D Powerball. The company generates the vast majority of its revenue in 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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