AGM Watch: Fidson Healthcare Plc To Pay N180Million At 12Kobo Per Share To Shareholders

The board of directors of   Fidson Healthcare Plc recommended a dividend of N180 million, which the shareholders approved last week at   the Annual General Meeting (AGM) in Lagos. The dividend, which translated into 12 kobo per share, was an improvement on the 10 kobo paid the previous year. The shareholders, who spoke at the meeting, commended the board for making profit and paying dividend.
The shareholders also approved an increase in the  company’s authorised share capital  from N750 million shares of 50 kobo each to N1.5 billion by the creation of additional 900 million ordinary shares of 50 kobo each, ranking pari passu in all respect with existing ordinary shares.

Fidson Shareholders Receive N180m dividend