Single-tier final dividend in respect of the financial year ended 31 December 2020 of RM0.385 per ordinary share in Malayan Banking Berhad

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Dividend” as from: 28 May 2021
2)  The last date of lodgment : 31 May 2021
3)  Date Payable : 28 Jun 2021

Remarks: 

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcement dated 7 May 2021 and 11 May 2021 in relation to the dividend reinvestment plan applicable to the final dividend in respect of the financial year ended 31 December 2020 ("Announcements"))

On 25 February 2021, the Board announced its consolidated results for the financial year ended 31 December 2020, wherein the Board had declared a single-tier final dividend in respect of the financial year ended 31 December 2020 of RM0.385 per Maybank Share ("Final Dividend"). The Board had also determined that the dividend reinvestment plan will apply to the Final Dividend, in which an electable portion of RM0.210 per Maybank Share held can be elected to be reinvested into new Maybank Shares and the remaining portion of RM0.175 per Maybank Share held will be paid in cash. The Final Dividend was approved by Maybanks shareholders at its annual general meeting held on 6 May 2021.

Following the above, on behalf of the Board, Maybank IB wishes to announce that the issue price of the new Maybank Shares to be issued pursuant to the 20th DRP has been fixed today at RM7.550 per new Maybank Share. This announcement is dated 12 May 2021.

Announcement Info