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Home Companies Company News

Official: 57 Quoted Firms Paid No Dividend In Five Years – NSE

Ugodre Obi-chukwu by Ugodre Obi-chukwu
July 26, 2013
in Company News
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nse

 

Fifty-seven companies listed on the Nigerian Stock Exchange have not paid dividend to their shareholders in the last five years, according to information obtained from the NSE on Tuesday. 

The figure represents 28.9 per cent of the 197 companies listed in a document made available to our correspondent by the Exchange. According to the Chief Executive Officer, NSE, Mr. Oscar Onyema, at the end of June, there were 255 listed companies on the Exchange.

57 quoted firms paid no dividend in five years

Tags: News ReviewNSE
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 1

  1. penwe says:
    October 9, 2013 at 9:13 am

    quite an interesting site. please i will like to have a summarized listing requirments for Nigeria, Ghana, cote d’ivoir and kenya.

    thanks.

    Reply

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