Yangzijiang Shipbuilding has changed its record date and dividend payment date. The changes were announced on the evening of April 24, after the market closed.
Some investors noted the changes in the date a day after the announcement.
In Yangzijiang’s April 24 filing, the new ex-date is now listed as April 29, while the record date was stated as April 30. Investors will receive their dividends on May 8 instead.
The change was due to an “inadvertent error” in the record and dividend payment date.
Yangzijiang Shipbuilding, on April 18, announced that its ex-date was April 25, with its record date being April 26. Its original pay date was listed as May 6.
During its results announcement for the FY2023 ended Dec 31, 2023, on Feb 27, Yangzijiang Shipbuilding proposed a final dividend of 6.5 cents per ordinary share. The proposed dividend will be subjected to shareholders' approval at the group's annual general meeting (AGM) on April 25.
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As at 11.34am, shares in Yangzijiang Shipbuilding are trading 2 cents lower or 1.12% down at $1.76.
