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Home Industries Company News

AGM Watch: Mobil Shareholders Approve N5 Dividend Per Share For FY Dec 2012

Ugodre Obi-chukwubyUgodre Obi-chukwu
10 years ago
in Company News
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“As we continue to plan for the challenges ahead, the directors recognise the need to constantly focus on shareholder returns that are competitive and of long-term value. We are therefore pleased to declare a dividend of N5 and this represents an increase of 20 per cent over last year and is consistent with our vision of delivering robust returns to our shareholders.” The Chairman/Managing Director, Mobil Oil, Mr. Adetunji Oyebanji

Shareholders of Mobil Oil Nigeria Plc subsequently approved a dividend of N5 per share  at the company’s 35th Annual General Meeting held in Lagos.

Punch: Mobil’s shareholders approve N5 dividend

Tags: dividendMobil Oil Nigeria PlcNews ReviewNigeria
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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