Dividend - Normal or Special

[GMUTUAL] First Interim Dividend on 09-Dec-2024

Announcement Date: 25-Nov-2024
Related Stock:
GMUTUAL
GROMUTUAL BHD
Share Registrar:
GMUTUAL
GROMUTUAL BHD
FY: 31-Dec-2024
Amount

RM 0.0050

  • Ex Date
    09-Dec-2024
  • Entitlement Date
    10-Dec-2024
  • Payment Date
    20-Dec-2024
Description
GROMUTUAL BHD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 20-Dec-2024, while the ex-date will be on 09-Dec-2024. This is lower than the previous dividend of RM 0.0100 per share, with ex-date of 13-Sep-2023 and paid to the shareholders on 09-Oct-2023.

Ann. Date Ex Date Amount Payment Date

About GROMUTUAL BHD
Gromutual Bhd is an investment holding company, which is engaged in the development, construction, and management of properties in Malaysia. The business activity of the firm is operated through Property Development and Property Management segments. The Property development segment consists of the construction contract. The Property management segment consists of the rental of properties. The development products range from landed residential, commercial buildings, high rise versatile business suites and industrial parks. The group operates principally in Malaysia, which is also the revenue generation region.

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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