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Nairametrics
Home Companies Company News

Nestle Confirms N18.5 Per Share Final Dividend Payment For 2012 FY

Ugodre Obi-chukwu by Ugodre Obi-chukwu
May 11, 2013
in Company News
Unimpressive? Nestle Posts N22.2billion PAT..Proposes Dividend Not Befitting of Its Valuation
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Nestle Plc shareholders have approved a dividend of N18.5 per share following the release of their 2012 audited accounts. They company had paid N1.5 in interim dividends bringing total dividends paid to N20 per share. Dividend payments will thus cost the company N15.852billion this year.

Nestle Shareholders Approve N18.50 Dividend

Tags: News ReviewPersonal Finance
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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