#657544
Postby formoverfunction » April 2nd, 2024, 7:40 pm
This is what I have in my file for RE.B, RNS dated 18th March '24:
"In line with that intention and further to the announcement today that closing of the DSN share subscription has taken place and all immediate financial settlements due on closing have been received, the directors have today declared that a dividend in respect of all of the outstanding arrears of dividends on the preference shares (amounting in aggregate to 11.5p per preference share) will be paid on 15 April 2024 to holders of preference shares registered at the close of business on 2 April 2024."
I hadn't intended to buy any more, and that's still the case (unless they dropped significantly and for the long term)
It does show on HL as the 28th March as the ex-dividend date though.
Academic now, but I doubt I would have bought them today expecting to be on the register by the end of the day.
I still have an interest in buying the Sterling issue when I can.
Bloomberg had this article, 25/03/24, "Palm Oil Rallies on Strong Exports and Indonesian Policy Worry"
"Palm oil snapped a two-day drop on optimism that Malaysian exports will be robust this month, and on concerns that potential Indonesian policy changes could limit supplies from the biggest shipper."
As far I understand it, this mean lower prices for Indonesian producers to serve the domestic market.
It's not a new concern, one that's always been in the background.