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Home Companies Company News

AGM Watch: Lean Africa (Formerly Longman) Approves 20kobo Dividend For FY 2012

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 5, 2013
in Company News
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Despite the impact of piracy, which negatively impacted the publishing industry in 2012, shareholders of Learn Africa Plc, last week in Lagos smiled home with 20 kobo dividends per 50 kobo ordinary share amounting to N154.29.
Chairman of the company, Mr. Emeke Iwerebon, who declared the reward at the company’s annual general meeting (AGM), said the company’s future is robust as it is developing products that will keep it at the top of its industry in Nigeria.

 He explained that the Northern market contributes 60 per cent to the overall business activities.
“Our major challenge is the insurgency in the north and the issue of piracy. Our business has been affected with the emergency declared in three states and until it is tackled, we would continue to have major challenge

Learn Africa Plc Reward Shareholders with 20 kobo Dividend

Tags: dividendNews 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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Comments 2

  1. a.c.michael says:
    May 17, 2014 at 12:50 pm

    is there any good prospect from livestock feeds nigeria plc

    Reply
    • Ugodre says:
      May 17, 2014 at 12:58 pm

      Livestock feed is currently not on our watch list. But its fundamentals look good the last time I checked

      Reply

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