{
  "id": 13944637,
  "title": "AEP Plantations declares 3.73 cents interim dividend",
  "url": "https://urgent.news/2026/10/12/aep-plantations-declares-3-73-cents-interim-dividend",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T11:34:37.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/aep-plantations-declares-373-cents-interim-dividend-93CH-4944129"
  },
  "original_language": "en",
  "account": "AEP Plantations Plc has declared an interim dividend of 3.73 cents per share for the six months ending June 30, 2026. This dividend remains unchanged from the previous year's interim dividend when accounting for a 10-for-1 share split, as per a press release. Shareholders are to receive the payment on December 11, with the option to receive it in either U.S. dollars or pounds sterling. The exchange rate for sterling payments is tied to the rate on November 6. The company, which runs oil palm plantations in Indonesia and Malaysia, saw a 13.3% increase in fresh fruit bunch production to 924,500 metric tons, a 17.9% rise in crude palm oil output to 379,200 metric tons, and a 17.0% growth in palm kernel production to 93,100 metric tons over the same period. External fresh fruit bunch purchases surged 24.2% to 1,097,800 metric tons. The company's net cash balance was $99.0 million as of September 30, 2026, down from $232.3 million at the end of 2025, primarily due to spending on acquisitions and share buybacks. The company has also returned $33.2 million to shareholders through dividends and share buybacks. AEP Plantations is currently 98% complete in constructing its ninth mill at KAP Estate in Kalimantan, with commissioning expected early January 2027. El Niño conditions and dry weather could impact fresh fruit bunch yields in 2027.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}