LONDON - ASA International Group plc (LSE: ASAI), a leading international microfinance institution, has revised the schedule for its upcoming interim dividend payment. The company announced that the dividend of USD 0.03 per share will now be disbursed on December 24, 2024, instead of the previously communicated December 20, 2024.
The change in payment date is part of an amended interim dividend timetable released by the company. Despite the adjustment, the remaining dates related to the dividend payment remain the same. Shares of ASA International will be quoted ex-dividend on the London Stock Exchange (LON:LSEG) starting from December 12, 2024. The record date, which is the cutoff for shareholders to be eligible for the dividend, is set for December 13, 2024. Additionally, the exchange rate for converting the dividend payment to sterling will be determined on December 16, 2024.
ASA International is recognized for its focus on financial inclusion, providing small loans primarily to women entrepreneurs in underserved communities across various regions, including South Asia, South East Asia, and parts of Africa. The company's commitment to socioeconomic progress has positioned it as a significant player in the microfinance sector.
Investors and stakeholders have been made aware of the amended timetable, ensuring that they have accurate information for their financial planning. The company has not provided a specific reason for the change in the payment date.
This adjustment to the dividend payment schedule is based on a press release statement from ASA International Group plc. The company's shares will continue to be traded on the London Stock Exchange, and the amended timetable reflects the only change in the dividend distribution process. Shareholders and investors are advised to note the new payment date as they manage their investment portfolios.
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