Dividend - Normal or Special

[UTDPLT] Special Dividend on 26-Apr-2024

Announcement Date: 26-Feb-2024
Related Stock:
UTDPLT
UNITED PLANTATIONS BHD
Share Registrar:
UTDPLT
UNITED PLANTATIONS BHD
FY: 31-Dec-2023
Amount

RM 0.4000

  • Ex Date
    26-Apr-2024
  • Entitlement Date
    29-Apr-2024
  • Payment Date
    14-May-2024
Description
UNITED PLANTATIONS BHD announced a quarterly dividend of RM 0.4000 per share. The dividend is payable on 14-May-2024, while the ex-date will be on 26-Apr-2024. This is equivalent to the previous dividend of RM 0.4000 per share, with ex-date of 26-Apr-2024 and paid to the shareholders on 14-May-2024.

Ann. Date Ex Date Amount Payment Date

About UNITED PLANTATIONS BHD
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.

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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