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LHN Limited Announces Scrip Dividend Scheme for FY2024 Special Dividend

Story Highlights
  • LHN Limited applies its Scrip Dividend Scheme to a special dividend for FY2024.
  • Shareholders can opt for new shares instead of cash, impacting shareholder value and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

LHN Limited ( (SG:41O) ) has shared an update.

LHN Limited has announced the application of its Scrip Dividend Scheme to a special dividend for the financial year ended 30 September 2024. Shareholders have the option to receive new shares instead of a cash dividend, with the issue price set at a discount to recent market prices. This move could impact shareholder value and market perception, as it offers flexibility in dividend reception and potentially increases share liquidity.

More about LHN Limited

YTD Price Performance: -17.35%

Average Trading Volume: 1,285,698

Technical Sentiment Signal: Sell

Current Market Cap: S$161M

See more data about 41O stock on TipRanks’ Stock Analysis page.

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