Business Headlines

Dangote Cement delights shareholders with N179bn dividend

Ihesiulo Grace 21 June 2018 0

…Pays N10.50 per 50k share Shareholders of Dangote Cement on Wednesday at the company’s 9th Annual General Meeting (AGM) in Lagos were full of praise for the Board, Management and staff of the company after approving the dividend payout of N10.50 per 50k share, representing 90 per cent of

Business Capital Market

African prudential proposes 40k dividend as PAT buoyed 68%

Ihesiulo Grace 28 February 2018 0

African Prudential Plc shareholders would be looking for expansion of their portfolio in the company based on remarkable performance year on year and return on investments, even as operating expenses remain upbeat. This was , as the company’s recently released 2017 audited financial statement showed a 68 per cent growth in profit after tax (PAT) […]

Business Headlines

UBA, Zenith, GTB, Fidelity, others to pay dividend in 2018– analysts

Ihesiulo Grace 25 February 2018 0

An international research firm, SBG Securities (Pty) Limited of South Africa has said about nine commercial banks would be able to pay dividends this year, despite the new policy adjustment issued by the Central Bank of Nigeria (CBN) recently. The banks are Zenith Bank Plc, Guaranty Trust Bank Plc (GTBank), United Bank for Africa Plc […]

Business

Nestlé’s register closure begins today

Ihesiulo Grace 27 November 2017 0

Nestle Nigeria Plc has announced that its register for interim dividend payment will close on Monday 27th November to 1st December, 2017. This will be followed by payment of the proposed interim dividend on 11th December, to members of the company whose names appear in the register by the date of its closure. Nestle Nigeria […]

Capital Market

FMN: Shareholders approve N2.6bn dividend

Ihesiulo Grace 7 September 2017 0

Shareholders of Flour Mills of Nigeria (FMN) Plc has approved a dividend payout of N2.624 billion at the company’s 57th Annual General Meeting (AGM) held on Wednesday, in Lagos. The dividend translated one naira per ordinary share of 50 kobo, being declared out of the company’s accumulated profit. Speaking at the AGM, FMN Plc Chairman, […]

Business Capital Market

Stanbic IBTC declares 5 kobo dividend for 2015 financial year

Ihesiulo Grace 29 December 2016 0

Stanbic IBTC Holdings is proposing a dividend of 5 kobo to its shareholders for the fiscal year ended 31st December 2015. The group in a notice to the Nigerian Stock Exchange (NSE) disclosed that the dividend is to be approved by shareholders at its annual general meeting on a date to be announced, while the […]

Banking Business

Fidelity Bank Share Dividend Surges 29%

Ihesiulo Grace 11 May 2015 0

Shareholders of Fidelity Bank Plc are to claim about 29 per cent more on dividend for the financial year ended December 31, 2014, with the unanimous approval of 18 kobo per ordinary share of 50 kobo dividend, from 14 kobo in 2013. In its released financial statements for the year ended 31, December 2014, Fidelity […]