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Helical corrects dividend date in latest financial update

Published 12/02/2024, 05:58 AM
HLCL
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LONDON - Helical PLC, the property development and investment company, has issued a correction to its 2025 interim dividend timetable following a typographical error in its previous announcement. The corrected ex-dividend date is now confirmed as Thursday, December 5, 2024, instead of the initially stated date of December 20, 2024.

The error was identified in the interim results announcement for the six months ending September 30, 2024, which was released on November 26, 2024. Helical has asserted that all other details from the original announcement remain unchanged, and the revised dividend timetable has been published to ensure clarity for shareholders and market participants.

According to the updated schedule provided by Helical, the key dates for the interim dividend are as follows:

  • Ex-dividend date: December 5, 2024
  • Record date: December 6, 2024
  • Last date for Dividend Reinvestment Plan (DRIP) elections: December 20, 2024
  • Dividend payment date: January 15, 2025

The dividend payment date is when shareholders will receive the interim dividend, and the record date is the cutoff for determining which shareholders are eligible to receive the dividend. The DRIP option allows shareholders to reinvest the cash dividend into additional shares of the company instead of receiving a cash payout.

Shareholders and investors can access the corrected version of the announcement on Helical's website. This correction comes as part of the company's commitment to transparency and maintaining accurate shareholder communications.

Helical PLC's swift response to rectify the misstated date reflects its adherence to providing accurate information to its stakeholders. The company has not provided further details on the dividend amount or other financial metrics in this correction notice.

The information is based on a press release statement and is intended to provide shareholders with the corrected dates for the interim dividend events.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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