The board of directors of Honeywell Flour Mills Plc (HFM) has recommended the payment of N1.3 billion as dividend for the year-ended March 31, 2013.
The dividend, which translates into 16 kobo per share, is one kobo higher than the 15 kobo paid the previous year.
HFM disclosed the dividend recommendation in a notification to the Nigerian Stock Exchange (NSE) last week. However, details of the financial results for the year are yet to the made available.
