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Home Companies Company News

PZ Shareholders Get Set For A “Special One-Off” Dividend of N1.30 Per Share

Nairametrics by Nairametrics
February 19, 2014
in Company News, Securities, Stock Market
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PZ Cussons Nigeria Plc has notified The Nigerian Stock Exchange that the Company’s Board of Directors at its recent meeting resolved to recommend a special (one-off) dividend payment at the rate of N1.30 kobo per share. This payment will be made from the General Reserve of the Company.
An Extraordinary General Meeting of the shareholders of the Company to pass the necessary resolution will be held on March 13th 2014 at the Golden Tulip Hotel, Festac Town Lagos at 11.00 a.m.  The Register of Shareholders will close from Monday 3rd to Tuesday 4th March, 2014 for the purpose of updating the Register while the dividend, if approved, will be paid on Monday 17th March 2014.

Tags: News ReviewPZ Cussons Nigeria
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 3

  1. d4gmail says:
    February 19, 2014 at 3:45 pm

    Any dividend that is not up to 10% of d previous year share price is not tasty to me.

    Reply
    • Ugodre says:
      February 19, 2014 at 4:30 pm

      Do you mean more than 10%? Also this is a special one-off dividend payment. So dont compare it to regular dividends

      Reply
  2. d4gmail says:
    February 19, 2014 at 11:23 pm

    oh i get it now. not a regular dividend.

    Reply

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