HONG LEONG INDUSTRIES BHD announced a quarterly dividend of RM 0.2000 per share. The dividend is payable on 21-Dec-2023, while the ex-date will be on 04-Dec-2023. This is lower than the previous dividend of RM 0.3700 per share, with ex-date of 01-Jun-2023 and paid to the shareholders on 20-Jun-2023.
About HONG LEONG INDUSTRIES BHD
Hong Leong Industries Bhd is a Malaysia-based company that primarily operates through two segments. The company?s consumer products segment manufactures, assembles, and markets consumer products, including motorcycles, scooters, and related parts, and produces ceramic tiles. The industrial products segment produces and distributes industrial products comprising fibre cement and concrete roofing products. The company also has associates that are involved in motorcycle manufacturing and distribution, as well as newsprint manufacturing and marketing. Hong Leong Industries generates the majority of its revenue from the Malaysian domestic market.
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....