INNOPRISE PLANTATIONS BERHAD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 22-Dec-2022, while the ex-date will be on 12-Dec-2022. This is lower than the previous dividend of RM 0.0700 per share, with ex-date of 14-Sep-2022 and paid to the shareholders on 29-Sep-2022.
Ann. Date
Ex Date
Amount
Payment Date
About INNOPRISE PLANTATIONS BERHAD
Innoprise Plantations Bhd is engaged in the business of cultivation of oil palm. The company operates through three segments namely Palm and bio-integration, Timber and Corporate. It?s Palm and bio-integration segment is involved in the cultivation of oil palm, manufacture and sale of crude palm oil and palm kernel, and generation and supply of electricity from a biomass plant. The Timber segment includes services related to log extraction. Its Corporate segment consists of corporate services and treasury functions.
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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