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Home Companies Company News

AGM Watch: Lafarge Increases Dividend Payout By 60%

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 5, 2013
in Company News
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Shareholders of Lafarge WAPCO Nigeria Plc have enjoyed bountiful returns on their investment as the company’s increased its dividend pay-out by 60 percent for 2012.

“In absolute terms, this represents an increase of 60 percent on the gross dividend approved by shareholders on the 2011 financial results,” the chairman, Olusegun Osunkeye, added.

 

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Tags: dividendlafarge africaManufacturingNews Review
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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