IOI CORPORATION BHD announced a quarterly dividend of RM 0.0500 per share. The dividend is payable on 26-Sep-2024, while the ex-date will be on 17-Sep-2024. This is higher than the previous dividend of RM 0.0450 per share, with ex-date of 08-Mar-2024 and paid to the shareholders on 21-Mar-2024.
Ann. Date
Ex Date
Amount
Payment Date
About IOI CORPORATION BHD
IOI Corp Bhd is one of the world?s largest integrated palm oil producers. Its operations include oil palm plantations and manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported worldwide to many different customers, including some multinational corporations.
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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