LAY HONG BHD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 13-Nov-2024, while the ex-date will be on 14-Oct-2024. This is higher than the previous dividend of RM 0.0030 per share, with ex-date of 11-Jun-2024 and paid to the shareholders on 21-Jun-2024.
Ann. Date
Ex Date
Amount
Payment Date
About LAY HONG BHD
Lay Hong Bhd is engaged in integrated livestock farming. The two core businesses of the group are integrated livestock farming (ILF) and retail operation. The ILF segment accounts for the majority of firm?s revenue, which is further broken down into three separate segments namely layer, broiler and food processing. The operations are carried out in Peninsular Malaysia state of Selangor, Perak, Melaka, and Sabah in East Malaysia while the retail operation is concentrated only in the state of Sabah.
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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