Benso Oil Palm Plantation PLC (BOPP) has announced plans to recommend a final dividend of GHS0.9085 per share for the 2024 financial year, pending shareholder approval at its upcoming Annual General Meeting (AGM).
Shareholders registered by the close of business on May 28, 2025, will qualify for the payout, according to a regulatory filing issued on May 6, 2025.
The company’s shareholder register will temporarily close from May 29 to May 30, 2025, to finalize the list of eligible investors. Shares traded on or after May 26, 2025—the ex-dividend date—will not entitle buyers to the dividend. If approved, payments will be disbursed on July 10, 2025.
BOPP, a key player in Ghana’s agricultural sector, operates palm oil plantations and has consistently emphasized shareholder returns amid fluctuating commodity prices. The proposed dividend reflects the company’s financial performance for 2024, though specific earnings details were not disclosed in the announcement.
Dividend declarations often signal corporate confidence in liquidity and profitability, particularly in commodity-driven industries vulnerable to global market shifts. For BOPP, this move aligns with efforts to maintain investor engagement despite challenges such as climate variability and input cost pressures affecting the agriculture sector.
Shareholders seeking further details are directed to contact the Ghana Stock Exchange’s Head of Listings or BOPP’s company secretary. The announcement follows standard procedures for dividend distributions, underscoring transparency in corporate governance.
Final dividend approvals at the AGM will hinge on shareholder votes, a routine step in ensuring investor alignment with management decisions. As Ghana’s equity market continues to evolve, such disclosures remain critical for fostering trust and attracting long-term investment in listed agribusinesses.
The ex-dividend date mechanism, a common feature in stock markets worldwide, ensures clarity on entitlement periods, helping investors make informed trading decisions. For BOPP, adherence to these timelines reinforces compliance with regulatory standards and market best practices.
As the payment date approaches, stakeholders will monitor the AGM outcomes and broader sector trends, which could influence future dividend policies and operational strategies in Ghana’s dynamic agricultural landscape.
