BOPP recommends final dividend of GHS 0.94 per share for 2022
Benso Oil Palm Plantation [BOPP] has released an important announcement for the general investing public, revealing that its Board of Directors will be proposing a final dividend payment of GHS 0.9434 per share for the 2022 financial year. This recommendation will be put forward to the shareholders at the upcoming Annual General Meeting, where their approval will be sought.
Qualifying Date Determined
To be eligible for the final dividend, shareholders must be registered in the books of BOPP by the end of business on Wednesday, June 7, 2023. This qualifying date has been established, and it ensures that all shareholders on record as of that day will be entitled to receive the dividend.
Closure of Shareholder Register
In preparation for the dividend payment, BOPP will close its register of shareholders from Thursday, June 8, 2023, to Friday, June 9, 2023. During this period, the register will not be accessible for any modifications or additions, allowing the company to determine the final list of qualified shareholders.
Ex-Dividend Date Announced
In light of the aforementioned arrangements, BOPP has designated Monday, June 5, 2023, as the ex-dividend date. This means that investors who purchase BOPP shares before this date will be entitled to receive the final dividend. However, investors who acquire shares on or after Monday, June 5, 2023, will not be eligible for the dividend payment.
Dividend Payment Date Scheduled
BOPP has set Thursday, August 3, 2023, as the date for the payment of the final dividend. On this day, eligible shareholders will receive their respective dividend amounts as determined by the approved dividend per share.
This announcement by BOPP highlights the company’s commitment to providing value to its shareholders by recommending a final dividend for the 2022 financial year. The qualifying date, closure of the register, ex-dividend date, and dividend payment date have all been outlined to ensure transparency and clarity for investors. Shareholders are advised to take note of these dates and engage with the company’s Annual General Meeting to participate in the dividend decision-making process.
