Benso Oil Palm Plantation Proposes GHS 0.9 Dividend Payout Amid Steady Earnings Outlook
Benso Oil Palm Plantation PLC (BOPP), one of Ghana’s prominent agro-industrial firms, has proposed a final dividend of GHS0.9085 per share for the 2024 financial year, underscoring stable cash flows despite a challenging commodities environment.
The recommendation, subject to shareholder approval at the forthcoming Annual General Meeting, will see investors rewarded in July, with the dividend slated for payment on July 10, 2025.
Shareholders recorded in the company’s register as of the close of business on May 28, 2025, will be eligible for the payout.
The share register will be closed from May 29 to May 30, while the ex-dividend date has been fixed for May 26.
The proposed dividend signals BOPP’s continued commitment to shareholder returns, even as palm oil prices experience volatility on global markets.
The dividend payout suggests a consistent performance trend, reflective of the company’s relatively resilient operating model within Ghana’s agriculture sector.
The payout, though modest, reaffirms BOPP’s cash generation capability and prudent capital management.
Market observers will be watching closely to see if the company provides further insights into its full-year performance and forward-looking guidance at the AGM.
