Dividend - Normal or Special

[LIIHEN] Fourth Interim Dividend on 11-Mar-2024

Announcement Date: 23-Feb-2024
Related Stock:
LIIHEN
LII HEN INDUSTRIES BHD
Share Registrar:
LIIHEN
LII HEN INDUSTRIES BHD
FY: 31-Dec-2023
Amount

RM 0.0200

  • Ex Date
    11-Mar-2024
  • Entitlement Date
    12-Mar-2024
  • Payment Date
    26-Mar-2024
Description
LII HEN INDUSTRIES BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 26-Mar-2024, while the ex-date will be on 11-Mar-2024. This is higher than the previous dividend of RM 0.0150 per share, with ex-date of 14-Dec-2023 and paid to the shareholders on 29-Dec-2023.

Ann. Date Ex Date Amount Payment Date

About LII HEN INDUSTRIES BHD
Lii Hen Industries Bhd is engaged in the manufacturing and sale of furniture. Its products include bedroom sets, occasional products, utility products, sofa sets, buffet and hutch products, dining furniture and others. In addition, the company is also involved in Plantation and other segments. Plantation segment cultivates rubberwood trees, and Others segments include the firm's investment holding activities. Geographically business presence of the group can be seen across the Malaysia, USA and in other countries of which USA regions account for the majority of revenue.

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
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frankco

In 2024, the Furniture market in Malaysia is projected to generate a revenue of MYR US$4.51bn. This market is expected to experience an annual growth rate of 8.15%, known as the Compound Annual Growth Rate (CAGR), between 2024 and 2028.

1 month ago

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