Dividend - Normal or Special

[SOP] Interim Dividend on 19-Dec-2023

Announcement Date: 01-Dec-2023
Related Stock:
SOP
SARAWAK OIL PALMS BHD
Share Registrar:
SOP
SARAWAK OIL PALMS BHD
FY: 31-Dec-2023
Amount

RM 0.0400

  • Ex Date
    19-Dec-2023
  • Entitlement Date
    20-Dec-2023
  • Payment Date
    12-Jan-2024
Description
SARAWAK OIL PALMS BHD announced a quarterly dividend of RM 0.0400 per share. The dividend is payable on 12-Jan-2024, while the ex-date will be on 19-Dec-2023. This is lower than the previous dividend of RM 0.0600 per share, with ex-date of 28-Jun-2023 and paid to the shareholders on 14-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About SARAWAK OIL PALMS BHD
Sarawak Oil Palms Bhd is a Malaysia based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products and trading of oil palm products. The operating segments of the group are Oil palm and Property development. Oil palm segment contributes majorly to the group's revenue. Geographical the company operates in Malaysia and Singapore, of which key revenue is derived from Malaysia.

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.

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment