SARAWAK PLANTATION BHD announced a quarterly dividend of RM 0.05 per share. The dividend is payable on 11-Jun-2018, while the ex-date will be on 28-May-2018. This is higher than the previous dividend of RM 0.0450 per share, with ex-date of 08-Mar-2016 and paid to the shareholders on 30-Mar-2016.
Ann. Date
Ex Date
Amount
Payment Date
About SARAWAK PLANTATION BHD
Sarawak Plantation Bhd is an investment holding company. It is engaged in the cultivation of oil palm and processing of fresh fruit bunches oil palm into crude palm oil and palm kernel. Other businesses include seed production, cattle integration, provision of laboratory and management services and property investment. The group has three reportable segments: Investment holding; Oil palm operations and Management services and rental. Sarawak generates most of its revenue from Oil palm operations.
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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