Velesto Energy Berhad (Bursa: VELESTO, stock code 5243) announced a 0.25 sen interim dividend on 21 Aug 2026. The shares go ex-dividend on Monday, 19 October 2026 and the payout reaches shareholders’ bank accounts on Wednesday, 18 November 2026.
Dividend details
| Interim Dividend | 0.25 sen per share (RM 0.0025) |
|---|---|
| Financial year ending | 31 Dec 2026 |
| Announcement date | 21 Aug 2026 |
| Last day to buy (cum-dividend) | 16 Oct 2026* |
| Ex-dividend date | 19 Oct 2026 |
| Entitlement date | 20 Oct 2026 |
| Payment date | 18 Nov 2026 |
| Opening price on announcement day | RM0.255 |
| Share price (8 Oct 2026) | RM0.22 |
| Yield of this payout at RM0.22 | 1.14% |
*Assumes no Bursa Malaysia market holiday falls between the last cum date and the ex-date. The yield shown is for this single payout only, not a full-year dividend yield.
About Velesto Energy
Velesto Energy, formerly known as UMW Oil & Gas, supplies drilling and oilfield services to the upstream part of the oil and gas industry. It operates offshore drilling rigs and hydraulic workover units across Malaysia and Southeast Asia for exploring, developing, and producing wells. Its oilfield services arm also provides threading, inspection, and repair for tubular goods used in offshore markets, and its main revenue comes from drilling services, with rigs and workover units chartered on day-rate contracts.
How to qualify for the Velesto Energy dividend
- Buy VELESTO shares no later than Friday, 16 October 2026, the trading day before the ex-date.
- Shares bought on or after the ex-date (19 Oct 2026) do not carry this dividend.
- You can sell on or after the ex-date and still receive it — what matters is holding the shares into the entitlement date (20 Oct 2026).
- No application is needed. The dividend is credited to the bank account linked to your CDS account on 18 Nov 2026.
- On the ex-date the share price usually adjusts down by roughly the dividend amount.
New to dividend dates? Read Understanding Company Dividend Announcements and Do You Pay Tax on Dividends in Malaysia? See all Bursa dividend announcements.
Source: Bursa Malaysia entitlement announcement via i3investor. Dates and amounts can change; confirm with the company’s Bursa announcement. This post is for information only and is not a recommendation to buy or sell any security.
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