Dividend Archives — Page 3 of 7

June 16, 2022 No Responses

Dangote Sugar Shareholders Get N12.147b Dividend For 2021

Dangote Sugar Refinery Plc has restated its commitment to the achievement of Sugar Backward integration projects, describing it as the best thing that happened to the sector. Speaking to shareholders at the 16th Annual General Meeting (AGM) of Dangote Sugar Plc,...

May 30, 2022 No Responses

Okomu Oil Shareholders Get N7.6b Dividend For 2021

By citybusinessnews@yahoo.com — For the year ended December 31, 2021, Okomu Oil Palm Company Plc has rewarded shareholders with N8 per share dividend, amounting to N7.6billion. Within the period, the company recorded profit after tax of N11.54 billion...

May 26, 2022 No Responses

Ecobank Shareholders Get $40m Dividend

The Ecobank Transnational Incorporation (ETI), the parent company of the Ecobank Group, has paid out a total dividend of 40 million dollars to shareholders. The Group Chief Executive Officer (CEO) and Executive Director of ETI, Ade Ayeyemi, made th...

April 30, 2022 No Responses

MTN Nigeria Shareholders Get N13.12b Dividend For 2021

For the year 2021, MTN Nigeria Communications Plc paid N13.12 billion as dividends to shareholders. Its audited Financial Statement for the year released in Lagos on Friday showed that the company paid N8.57k per shareholding. The statement also in...

April 7, 2022 No Responses

Okomu Oil Sets Aside N7b For 2021 Dividend

For the 2021 financial year, the board of Okomu Oil Palm Plc has concluded plans to reward shareholders with a dividend payout of N7.6 billion, translating to an N8 per share. In a notice to the NGX ON Wednesday, Okomu Oil...

March 16, 2022 No Responses

Ecobank Votes $40m For 2021 Dividend

Ecobank Transnational Incorporated (ETI) is set to pay shareholders dividends of $0.16 per share totaling $40 million for the year ended December 31, 2021, amounting to approximately CFA90, N66.6, or 1.08 Ghana Cedi per share. The Bank in a statement...

March 4, 2022 No Responses

2021: Vitafoam Shareholders Get N1.9b Dividend

Vitafoam Nigeria Plc, a leading manufacturer of rigid foams and other household materials, has rewarded its shareholders with a total dividend of N1.9 billion for the year ended December 31, 2021, translating to N1.50 per share. Its Chairman, ...

March 2, 2022 No Responses

2021:Transcorp Hotels Records 114% Growth In Revenue, Votes N717m For Dividend

Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021.  The results published on the Nigerian Group Exchange showed a 114% growth in Revenue to N21.74bn from N10.16bn as o...

February 20, 2022 No Responses

United Capital Proposes 114% Increase In Dividend

United Capital Plc, an investment bank and pan-African financial services group, has proposed 114 per cent dividend increase to N1.50 for every 50k ordinary share for the financial year ended Dec. 31, 2021. The Group Chief Executive Officer of the...

January 1, 2022 No Responses

Vitafoam Declares N1.87b Dividend

Vitafoam Nigeria Plc has posted a profit before tax (PBT) of N6.78 billion for the full year ended Sept. 30, 2021 The company’s Group Managing Director, Mr Taiwo Adeniyi, disclosed in this in its audited financial statement sent to Nigerian...

December 8, 2021 No Responses

How To Tackle Unclaimed Dividends Through Identity Management, By SEC DG

The Securities and Exchange Commission (SEC) has disclosed that the Commission is engaging relevant stakeholders in a bid to resolve issues of identity management which will assist in solving the rising unclaimed dividends in the capital market as well as...

November 28, 2021 No Responses

SEC Warns Quoted Firms To Desist From Selective Dividend Payments

The Director-General, Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends. Yuguda stated this in his keynote address on Saturday at the Insti...

November 16, 2021 No Responses

Seplat Confirms Exchange Rate To Determine Interim Dividend For Q3

Seplat Energy Plc has confirmed the currency exchange rates to be applied in determining the interim dividend for the third quarter of 2021. The Company’s Chief Financial Officer, Mr Emeka Onwuka, disclosed this in a notice sent to the Nigerian...

November 2, 2021 No Responses

NB Reports N309.2b Revenue, Budgets N3.23 For Interim Dividend

By Moses Ebosele, ebosele@hotmail.com — For the nine months ended September 30, 2021, the Board of Directors, Nigerian Breweries Plc (NB Plc) has approved an interim dividend of N3.23 billion payable to shareholders at 40k each per ordinary share of 4...