Dividend - Normal or Special

[HLIND] Special Dividend on 27-Mar-2024

Announcement Date: 21-Feb-2024
Related Stock:
HLIND
HONG LEONG INDUSTRIES BHD
Share Registrar:
HLIND
HONG LEONG INDUSTRIES BHD
FY: 30-Jun-2024
Amount

RM 0.5000

  • Ex Date
    27-Mar-2024
  • Entitlement Date
    29-Mar-2024
  • Payment Date
    16-Apr-2024
Description
HONG LEONG INDUSTRIES BHD announced a quarterly dividend of RM 0.5000 per share. The dividend is payable on 16-Apr-2024, while the ex-date will be on 27-Mar-2024. This is higher than the previous dividend of RM 0.2000 per share, with ex-date of 04-Dec-2023 and paid to the shareholders on 21-Dec-2023.

Ann. Date Ex Date Amount Payment Date

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.

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