ST Group Announces Dividend Record and Payment Dates for 2025
ST Group Announces Dividend Record and Payment Dates for 2025
Singapore, February 17, 2025 – ST Group Food Industries Holdings Limited (the “Company”) has declared an interim dividend of A\$0.004 per ordinary share for the financial period ending December 31, 2024. This announcement follows the release of the Company’s unaudited financial statements on February 12, 2025. Shareholders and investors should take note of the following critical details, as they may influence the Company’s share price and trading activity.
Key Details for Shareholders
- Record Date: The Share Transfer Books and Register of Members will be closed on February 26, 2025, at 5:00 PM. Shareholders whose accounts are credited with ordinary shares by this deadline will be eligible for the interim dividend.
- Dividend Amount: The interim dividend amounts to A\$0.004 per ordinary share, net of Australian corporate tax deductions.
- Dividend Payment Date: The interim dividend will be paid on March 12, 2025, in Singapore Dollar (SGD). The exact exchange rate for SGD conversion will be announced at a later date.
- Share Registrar: Registrable transfers must be submitted to Boardroom Corporate & Advisory Services Pte. Ltd., located at 1 Harbourfront Avenue, Keppel Bay Tower #14-07, Singapore 098632, by the specified cut-off time.
Potential Impact on Share Price
The declaration of an interim dividend may influence the Company’s share value, as dividends often serve as an indicator of a company’s financial health and profitability. The confirmation of payment in SGD, with the exchange rate to be determined, adds an element of currency risk or opportunity for investors, which could also drive trading activity. Shareholders are advised to monitor upcoming announcements closely for updates on the exchange rate.
Additional Information
This announcement has been reviewed by the Company’s Sponsor, Hong Leong Finance Limited, but has not been examined or approved by the Exchange. The Exchange assumes no responsibility for the contents of the announcement.
For further inquiries, shareholders can contact Ms. Vera Leong, Vice President of Hong Leong Finance Limited, at (+65) 6415 9881.
Important Disclaimer
This article is for informational purposes only and does not constitute financial advice. Shareholders are encouraged to consult their financial advisors and conduct their due diligence before making any investment decisions. The Company’s announcements and performance are subject to market risks and uncertainties.
View ST Group Food Historical chart here