Dividend - Normal or Special

[MHC] Special Dividend on 17-Apr-2023

Announcement Date: 31-Mar-2023
Related Stock:
MHC
MHC PLANTATIONS BHD
Share Registrar:
MHC
MHC PLANTATIONS BHD
FY: 31-Dec-2022
Amount

RM 0.0300

  • Ex Date
    17-Apr-2023
  • Entitlement Date
    18-Apr-2023
  • Payment Date
    09-May-2023
Description
MHC PLANTATIONS BHD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 09-May-2023, while the ex-date will be on 17-Apr-2023. This is equivalent to the previous dividend of RM 0.0300 per share, with ex-date of 17-Apr-2023 and paid to the shareholders on 09-May-2023.

Ann. Date Ex Date Amount Payment Date

About MHC PLANTATIONS BHD
MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. The business operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products and Other segments. The Oil Mill segment generates maximum revenue for the company.

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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