Nigerian Breweries declares a final year gross dividend of 1.51 NGN per share

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number that usually identifies both the bank and the branch where an account is...

Top 10 Most Expensive Universities In Nigeria

For many Nigerians, high-quality higher education is a luxury. There are many private universities who are known not only...

15 Wool Braid Hairstyles You Should Try

Wool braid hairstyles have been popular for years and show no signs of slowing down. Wool braids allow you...
Nigerian Breweries declares a final year gross dividend of 1.51 NGN per shareNigerian Breweries declares a final year gross dividend of 1.51 NGN per share

Nigerian Breweries Plc has declared a dividend payout of N1.51 per ordinary share of 50 kobo each. This was issued in a public disclosure to the Nigerian Stock Exchange. The brewer stated that the proposed dividend would be subject to appropriate withholding tax.

Shareholders are also expected to approve the dividend during the company’s annual general meeting that has been scheduled to hold on April 22nd.

Nigerian Breweries recently released its audited financial report for the full year ended December 31st, 2019. The report showed that the company’s revenue decreased by 0.4% to N323 billion, down from N324.3 billion in 2018. Profit for the period also reduced by 17.0% to N16.1 billion, down from N19.4 billion.

Read:  May and Baker Nigeria Appoints Senator Daisy Danjuma As Board Chairman, TY Danjuma Retires

The following are the details related to the dividend:

Financial period FY 31/12/2019
Ex-Dividend date 05/03/2020
Record date 04/03/2020
Payment date 23/04/2020
Dividend amount per share 1.51 NGN
- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1 2020

Britta Seeger: “Together with our global retail partners, we have further strengthened our online activities.” Despite the challenging...

African Development Bank Group unveils $10 billion Response Facility to curb COVID-19

The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution's primary channel for its...

Defending competition in the markets during COVID-19

Under normal circumstances competition is needed in markets to keep prices low, but with the COVID-19 crisis wreaking havoc on markets the world over,...

Nigeria requests emergency IMF financing, but is it enough?

● Disbursement under the RFI could amount to up to US$3.3bn ● But this is not an IMF program, and the Nigeria authorities have ruled...
- Advertisement -
BrandsPur Weekly Cartoons
%d bloggers like this: