BOUSTEAD PLANTATIONS BHD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 23-Jun-2023, while the ex-date will be on 08-Jun-2023. This is lower than the previous dividend of RM 0.0330 per share, with ex-date of 07-Mar-2023 and paid to the shareholders on 22-Mar-2023.
Ann. Date
Ex Date
Amount
Payment Date
About BOUSTEAD PLANTATIONS BHD
Boustead Plantations Bhd owns oil palm plantations in Southeast Asia. It cultivates oil palm and harvests fresh fruit bunches (each bunch is taken from an oil palm tree and can contain several hundred individual fruits) throughout its fields. Research and development investments range from improving crop transportation to developing new oil palm breeds. The company produces and sells crude palm oil, palm kernel, and fresh fruit bunches to maintain flexibility with customers. Additionally, it provides mill design and consultancy services. Examinations play an integral role to the consultancy services and enhance plant production capabilities.
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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