Dividend - Normal or Special

[GENP] Final Dividend on 14-Mar-2024

Announcement Date: 28-Feb-2024
Related Stock:
GENP
GENTING PLANTATIONS BERHAD
Share Registrar:
GENP
GENTING PLANTATIONS BERHAD
FY: 31-Dec-2023
Amount

RM 0.0400

  • Ex Date
    14-Mar-2024
  • Entitlement Date
    15-Mar-2024
  • Payment Date
    02-Apr-2024
Description
GENTING PLANTATIONS BERHAD announced a quarterly dividend of RM 0.0400 per share. The dividend is payable on 02-Apr-2024, while the ex-date will be on 14-Mar-2024. This is lower than the previous dividend of RM 0.0900 per share, with ex-date of 14-Mar-2024 and paid to the shareholders on 02-Apr-2024.

Ann. Date Ex Date Amount Payment Date

About GENTING PLANTATIONS BERHAD
Genting Plantations Bhd operates oil palm plantations in Asia and has several oil mills to help with production. The chemicals extracted from the plantations can be used for multiple end-products, including lubricants, detergents, and other substances. Also, Genting Plantations developed properties to take advantage of its access to land. The developments have offered a mix of residential and commercial uses, and complete townships have been constructed with multiple amenities. The company also invests in the biotechnology industry. The investment focuses on techniques to improve yields and profitability of oil palm plantations.

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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