As audited accounts start to trickle in companies will propose dividend payments to their shareholders as recommended by their respective board of directors. It is also important to track these announcements to know who is eligible to collect dividend, when it will be approved and when it will be paid. Dividend payment also affect share prices.
This page will be updated from time to time.
Payment date – This is when dividend will be paid to you either via post (dividend warrants) or direct credit to your bank accounts (e-dividend).
Closure of Register – Only shareholders who own shares before this date will be paid dividend. If you sell before this date you won’t get dividend. If you sell after you will still get dividend but the new owner will not get.
You can also scroll sideways to view the rest of the columns if using a mobile phone.
|S/N||Company||Dividend||Bonus||Closure||AGM date||Payment Date|
|1||Niger Insurance||3 kobo||Nil||24th Dec – 2nd Jan 2014||14th January 2014||16th January 2014|
|2||NEM Insurance||6 kobo||Nil||10th – 15th January, 2014||30th January 2014||4th February, 2014|
|3||PZ Cussons (interim dividend)||19.91 kobo||Nil||3rd – 4th February 2014||N/A||12th February 2014|
|4||Vitafoam Nigeria||30 kobo||Nil||17th – 21st February 2014||6th March 2014||10th March, 2014|
|5||Neimeth Pharmaceuticals||Nil||1 for 5||12th February 2014||17th March 2014||N/A|
|6||PZ Cussons (Special Dividend)||N1.30||Nil||3rd – 4th March||13th March 2014||17th March 2014|
|7||Forte Oil||N4.00||Nil||10th – 12th March 2014||28th March 2014||4th April 2014|
|8||Nigerian Breweries||N4.50||Nil||6th – 12th March 2014||14th May 2014||15th May 2014|
|9||Mcnichols Consolidated||3 kobo||Nil||17th April 2014||17th July 2014||25th July 2014|
|10||Africa Prudential Registrars||35 kobo||Nil||17th – 21st March 2014||3rd April 2014||4th April 2014|
|11||Nestle Nigeria||N24.00||Nil||28th April 2014||12th May 2014||13th May 2014|
|12||Transcorp||5 kobo||Nil||10th – 14th March 2014||31st March 2014||1st April 2014|
|13||Union Homes REITS||N2.41||Nil||17th – 21st March 2014||27th March 2014||3rd April 2014|
|14||GSK Nigeria||N1.30||Nil||16th – 22nd May 2014||11th June 2014||12th June 2014|
|15||Zenith Bank||N1.75||Nil||24th – 28th March 2014||2nd April 2014||4th April 2014|
|16||GTBank||N1.45||Nil||28th March 2014||14th April 2014||14th April 2014|
|17||Okomu||N1.00||Nil||13th – 16th May 2014||11th June 2014||16th June 2014|
|18||Cadbury||N1.30||Nil||9th – 11th April 2014||13th May 2014||14th May 2014|
|19||Airline Services & Logistics||12 kobo||Nil||19th – 23rd May 2014||12th June 2014||13th June 2014|
|20||Berger Paints||70 kobo||Nil||2nd – 6th June 2014||17th July, 2014||22nd July 2014|
|21||Julius Berger||N2.70||1 for 10||2nd – 6th June 2014||19th June 2014||21st June 2014|
|22||CAP||N1.00||Nil||20th – 23rd May 2014||19th June 2014||20th June 2014|
|23||Lafarge Cement Wapco||N3.30||Nil||28th April – 2nd May 2014||9th July, 2014||10th July 2014|
|24||Paints & Coatings Manufacturers||8 kobo||Nil||3rd – 4th April 2014||21st May 2014||7th July 2014|
|25||UACN||N1.75||Nil||5th – 9th May 2014||25th June 2014||26th June 2014|
|26||CCNN||70 kobo||Nil||4th – 6th August 2014||14th August 2014||20th August 2014|
|27||Total||N9.00||Nil||22nd – 28th April, 2014||13th June, 2014||16th June, 2014|
|28||UBA||50 kobo||Nil||14th April, 2014||25th April, 2014||28th April, 2014|
|29||Trans Nationwide Express||10 kobo||Nil||21st – 25th July, 2014||31th July, 2014||14th August, 2014|
|30||NAHCO||30 kobo||Nil||19th – 23rd May 2014||27th June 2014||27th June 2014|
|S/N||Company||Dividend||Bonus||Closure of Register||AGM date||Payment Date|
|31||Unilever||N1.25||Nil||14th – 22nd April 2014||15th May 2014||16th May 2014|
|32||UACN Property Dev. Co. Plc||70 kobo||1 for 4||Dividend: 6th May 2014||4th June 2014||5th June 2014|
|Bonus: 13th May 2014|
|33||Diamond Bank||30 kobo||Nil||17th – 18th April 2014||24th April 2014||28th April 2014|
|34||Courteville Business Solutions Plc||2 kobo||Nil||13th May 2014||27th May 2014||11th June 2014|
|35||Sterling Bank||25 kobo||Nil||14th – 18th April 2014||30th April 2014||30th April 2014|
|36||ABC Transport||6 kobo||1 for 10||11th – 15th August 2014||29th August 2014||12th Sept. 2014|
|37||Mansard Insurance||4 kobo||Nil||11th April 2014||24th April 2014||24th April 2014|
|38||MRS Oil||74.96 kobo||Nil||14th – 18th July 2014||7th August 2014||8th August 2014|
|39||Mobil Oil||N6.00||Nil||29th – 30th April 2014||28th May 2014||4th June 2014|
|40||FCMB Group||30 kobo||Nil||19th – 23rd May, 2014||6th June, 2014||9th June, 2014|
|41||UBA Capital||25 kobo||Nil||22nd – 25th April 2014||29th April 2014||6th May 2014|
|42||Fidelity Bank||14 kobo||Nil||14th – 18th April 2014||2nd May 2014||2nd May 2014|
|43||Custodian & Allied Plc||11 kobo||Nil||7th – 11th April 2014||8th May 2014||9th May 2014|
|44||Ashaka Cement||42 kobo||Nil||28th April – 2nd May 2014||17th June 2014||18th June, 2014|
|45||Stanbic IBTC Holdings||10 kobo||Nil||17th April 2014||21st August, 2014||26th August 2014|
|46||Learn Africa||12 kobo||Nil||12th – 16th May 2014||5th June 2014||6th June 2014|
|47||Access Bank||35 kobo||Nil||17th April 2014||30th April 2014||30th April 2014|
|48||Dangote Cement||N7.00||Nil||22nd – 25th April 2014||2nd May 2014||5th May 2014|
|49||Infinity Trust Mortgage Bank||3 kobo||Nil||16th April 2014||13th May 2014||15th May 2014|
|50||Computer Warehouse Group||8 kobo||Nil||17th April 2014||19th June 2014||19th June 2014|
|51||BOC Gases Nigeria||10 kobo||Nil||27th – 30th May 2014||26th June 2014||7th July 2014|
|52||Skye Bank||30 kobo||Nil||15th May 2014||28th May 2014||29th May 2013|
|53||Greif Nigeria||60 kobo||Nil||28th – 30th April 2014||14th May 2014||19th May 2014|
|54||FBN Holdings||N1.10||Nil||5th May 2014||22nd May 2014||26th May 2014|
|55||NPF Microfinance Bank||10 kobo||Nil||9th – 13th June 2014||26th June 2014||27th June 2014|
|56||Capital Hotel||5 kobo||Nil||9th – 13th June 2014||24th June 2014||8th July, 2014|
|57||Beta Glass||38 kobo||Nil||5th – 9th May 2014||8th July 2014||9th July 2014|
|58||A.G. Leventis||16 kobo||Nil||5th – 9th May 2014||18th September 2014||19th September 2014|
|59||Presco||10 kobo||Nil||7th – 9th July 2014||22nd July 2014||24th July 2014|
|60||Fidson||10 kobo||Nil||7th – 11th July 2014||17th July 2014||18th July 2014|
|61||Dangote Sugar||60 kobo||Nil||2nd May 2014||23rd May 2014||29th May 2014|
|62||Japaul||2 kobo||Nil||16th – 20th June 2014||27th June 2014||7th July 2014|
|63||Aluminium Extrusion||7.5 kobo||Nil||28th July 2014||8th August 2014||11th August 2014|
|64||National Salt Company of Nig||90 kobo||Nil||10th – 11th June 2014||19th June 2014||22nd June 2014|
|65||SCOA||15 kobo||Nil||17th – 20th June 2014||3rd July 2014||24th July 2014|
|66||Triple Gee||2 kobo||Nil||25th September 2014||22nd – 24th Sept 2014||10th October 2014|
|67||Redstar Express||35 kobo||Nil||28th – 31st July 2014||14th August 2014||25th August 2014|
|68||Smart Products||22.5 kobo||Nil||3rd – 10th July 2014||30th July, 2014||11th August 2014|
|69||Seven-Up Bottling Co.||N2.50||Nil||14th – 25th July 2014||24th September 2014||30th September 2014|
|70||Continental Re-insurance||11 kobo||Nil||4th – 8th August 2014||12th August 2014||13th August 2014|
|71||University Press||35 kobo||Nil||1st – 4th September 2014||25th September 2014||25th September 2014|
|72||Niger Insurance||3.5 kobo||Nil||21st – 25th July 2014||31st July 2014||4th August 2014|
|73||International Breweries||32 kobo||Nil||11th – 15th August 2014||2nd September 2014||3rd September 2014|
|74||Stanbic IBTC Holdings||N1.10||Nil||5th August 2014||21st August 2014||26th August 2014|
|75||C & I Leasing||4 kobo||Nil||11th – 15th August 2014||14th August 2014||18th August 2014|
|76||Honeywell Flour Mills||17 kobo||Nil||8th – 12th September 2014||16th September 2014||17th September 2014|
|77||Custodian & Allied (Interim)||6 kobo||Nil||11th – 15th August 2014||N/A||12th September 2014|
|78||Roads Nigeria||60 kobo||1 for 4||19th – 25th Sept. 2014||25th September 2014||6th October 2014|
|79||Flour Mills of Nigeria||N2.10||1 for 10||18th – 22nd August 2014||10th September 2014||15th September 2014|
|80||Northern Nigeria Flour Mills||40 kobo||Nil||18th – 22nd August 2014||9th September 2014||18th September 2014|
|81||Conoil||N4.00||Nil||1st – 5th September 2014||30th September 2014||13th October 2014|
|82||Cutix||12 kobo||Nil||20th – 24th October 2014||31st October 2014||17th November 2014|
|83||Royal Exchange||5 kobo||Nil||15th – 19th September, 2014||24th September, 2014||29th September ,2014|
|84||PZ Cussons||61 kobo||Nil||22nd – 26th September 2014||9th October 2014||13th October 2014|
|85||Academy Press||8 kobo||Nil||30th Sept – 9th Oct 2014||16th October, 2014||3rd November, 2014|
|86||Guaranty Trust Bank||25 kobo||Nil||4th September 2014||N/A||18th September 2014|
|87||Access Bank (Interim)||25 kobo||Nil||9th September 2014||N/A||23rd September 2014|
|88||Guinness Nigeria||N3.20||Nil||13th – 17th October 2014||13th November 2014||14th November 2014|
|89||Oando||30 kobo||Nil||2nd October 2014||To be advised||17th November 2014|
|90||Oando (Interim)||70 kobo||Nil||18th November 2014||N/A||15th December 2014|
|91||Daar Communications||Nil||1 for 2||7th November 2014||20th November 2014||N/A|
|92||CAP (Interim)||N1.50||NIL||4th – 6th November 2014||N/A||19th November 2014|
|93||Nigerian Breweries||N1.25||Nil||13th – 19th November 2014||N/A||20th November 2014|
|94||NEM Insurance||6 kobo||Nil||18th - 21st November, 2014||27th November, 2014||4th December, 2014|
|95||Nestle Nigeria (Interim)||N10.00||Nil||24th – 28th November 2014||N/A||8th December 2014|
|96||Seplat Petroleum (Interim)||N9.30||Nil||7th November 2014||N/A||24th November 2014|
|97||Total Nigeria (Interim)||N2.00||Nil||1st – 5th December 2014||N/A||15th December 2014|
|98||Nigeria Energy Sector Fund||N92.00||Nil||1st December 2014||N/A||3rd December 2014|
|99||Nigeria Enamelware||45 kobo||Nil||8th – 12th December 2014||18th December 2014||19th December 2014|
|100||SIM Capital Alliance Value Fund||N10.00||Nil||22nd December 2014||23rd December 2014||30th December 2014|
Source: NSE / Nairametrics Data
N1m up for grabs with Quickteller Business contest
To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses.
Interswitch has announced a virtual pitch tagged ‘Boost your business with Quickteller’ where one business owner has the opportunity to win N1 million cash. The promo is believed will help businesses signed onto the Quickteller Business platform boost their business further.
To contest for the prize money, business owners are simply required to complete their account activation on Quickteller Business and they stand a chance of winning.
To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses. The videos should be uploaded on Facebook, Instagram, Tiktok or YouTube with the hashtag #boostwithquickteller. To submit an entry, business owners are required to paste their post’s URL in the video URL section of the entry form on the Quickteller Business site, share the entry with friends and family and invite them to vote.
They must register and activate their businesses on the Quickteller Business platform using the referral code ‘Boost’. Any entry without a referral code will be rendered invalid.
Speaking about the promo, Cherry Eromosele, Group Chief Marketing and Communications Officer at Interswitch noted that the promo is important to Interswitch as it helps business owners – not only to boost their businesses – but to provide solutions that addresses some of the pain points of business owners. “At Interswitch, we are committed to growing the business community by providing simple and scalable payment solutions because it is critical to their growth and essentially to the national economy at large,” she added.
The Quickteller Business platform provides seamless payment solutions for businesses and their customers. The platform is an intuitive and robust one that enables businesses of all sizes, small, medium, large, to take their businesses online even if they did not have prior technology infrastructure or website.
The top 10 entries with the highest votes by 11:59pm on Friday, April 30, 2021 will qualify to participate in the grand finale.
Apart from the numerous benefits enjoyed on the Quickteller Business platform, such as generating invoices to track sales and payments, customized storefront to display products and brand image, backend access to manage inventory, dispute management options to settle chargebacks and refunds, the platform further exposes its users to a ready market of over five million potential customers from Nigeria, Gambia and Kenya.
On the Quickteller Business platform, business owners can get paid by anyone, from anywhere without hassles. From massive corporations to smaller tech-savvy businesses, Quickteller Business makes payment easy for entrepreneurs and their customers.
About Quickteller Business
Quickteller business provides various payment tools for freelancers and small businesses operating without a website to receive payments easily. The platform seamlessly integrates with your existing website or store to provide various payment options.
Interswitch is a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa. Interswitch’s vision is to make payments a seamless part of everyday life in Africa, and its mission is to create transaction solutions that enable individuals and communities to prosper across Africa.
We began in 2002 as a transaction switching and electronic payments processing business, building and managing payment infrastructure, delivering innovative payments solutions and driving transactions across Nigeria and other African markets. We provide secure solutions and services that facilitate convenience and real value for consumers, businesses, governments and other organizations, helping to reduce costs, improve operational efficiency and drive sustainable revenue growth.
Shareholders applaud FCMB, approve dividend of N2.97bn at AGM
The virtual meeting is also in accordance with Section 254 of the Companies and Allied Matters Act 2020 and as approved by the CAC.
Shareholders of FCMB Group Plc (www.fcmbgroup.com) have restated their confidence in the financial institution to sustain its impressive performance and deliver more value. The shareholders gave the commendation at the 8th Annual General Meeting (AGM) of the Group held on April 21, 2021 at its corporate head office in Lagos. They also unanimously approved the payment of a dividend of N2.97 billion, translating to 15 kobo per ordinary share for the year ended December 31, 2020, as against 14 kobo per share the previous year.
The AGM was held virtually due to the prevailing COVID-19 (coronavirus) pandemic and streamed live via www.fcmb.com/AGM to shareholders of the financial institution. This is in conformity with government’s directives on physical distancing and the restriction on maximum number of people at every gathering due to the COVID-19 pandemic. The virtual meeting is also in accordance with Section 254 of the Companies and Allied Matters Act 2020 and as approved by the Corporate Affairs Commission.
FCMB Group is a holding company divided along three business groups; Commercial and Retail Banking (First City Monument Bank Limited, Credit Direct Limited, FCMB (UK) Limited and FCMB Microfinance Bank Limited); Corporate & Investment Banking (The Corporate Banking Division of the Bank, FCMB Capital Markets Limited and CSL Stockbrokers Limited) and Investment Management (FCMB Pensions Limited, FCMB Asset Management Limited and FCMB Trustees Limited).
The Chairman of FCMB Group, Mr. Oladipupo Jadesimi, along with the Group Chief Executive, Mr. Ladi Balogun; Company Secretary/General Counsel, Mrs. Funmi Adedibu; a Director of the Group, Mrs. Olapeju Sofowora; Executive Director, Corporate Banking & Investment Banking of the Group, Mr. Olufemi Badeji, representatives of the Central Bank of Nigeria, Securities and Exchange Commission as well as leaders of shareholder Associations, were present at the meeting.
Speaking at the AGM, the Co-ordinator of Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu, praised the institution for efficiently running its affairs and the appreciable growth recorded in key operating areas.
According to him, “FCMB is a great institution and we are glad that its value is growing. The fact that it has been able to meet all its financial obligations to its creditors is a very good sign of strength. It also shows the seriousness of the management to remain worthy of doing business with. From the results, it is clear that the management has done its best to grow all the subsidiaries, thereby contributing significantly to profit and the overall performance of the Group. We appreciate the results and dividends declared by FCMB, while looking forward to many more years of prosperity”.
Also commenting, the National Co-ordinator of Pragmatic Shareholders Association of Nigeria Mrs. Bisi Bakare, stated that, “we are impressed by the digital transformation drive of FCMB which has impacted positively on customer service and financial inclusion. We commend FCMB for the introduction of paperless and cardless transactions at branches and other touch points. We are also happy that the Bank intervened to support the government and Nigerians to ease the problems caused by COVID-19 through various support. It is also a thing of joy to see the Bank carrying out several activities to grow businesses and empower Nigerians, especially youths. The 2020 results are a welcome development”.
The National Chairman, Progressive Shareholders Association of Nigeria, Mr. Boniface Okezie, said, “FCMB as a Group has done so well over the years in every aspect of business. The institution is growing rapidly with branches all over the country. It is also performing well in terms of innovation, technology and customer service. Profit and dividend are rapidly increasing going by the 2020 financial results. The dividend payment of 15k to shareholders is a very good one in the midst of the difficult situation caused by the COVID-19 pandemic. Overall, FCMB Group has done excellently well and we are optimistic of a brighter future”.
Presenting the report for the year ended December 31, 2020, the Chairman, Mr. Jadesimi, assured that FCMB Group is well-positioned to continue to succeed in the years to come, even in the face of the COVID-19 pandemic. He attributed the optimism to the decisions that the financial institution has made over the past few years, especially those around leveraging new digital technology, to expand access to financial transactions.
According to him, ‘’the Board of Directors has adopted a policy that seeks to provide investors with a stable and sustainable form of capital distribution, with consideration given to the growth and capital requirements of the business, thereby maximising long-term share value for shareholders’’.
On his part, the Group Chief Executive of FCMB Group Plc, Mr. Ladi Balogun, reported that in spite of the challenging macroeconomic environment, the Group grew profit after tax by 13.4% to N19.7billion. He added that this increase had a direct correlation with earnings per share, which grew from 87 kobo in 2019 to 98 kobo in 2020, while return on average equity also rose to 9.2% from 9%.
He stated that, “our businesses continue to improve with growth in other key indicators, such as loans and advances 14.9% and total assets 23.4%. Customer deposits grew by 33.3% to over N1.2 trillion with a large portion of the growth coming from current and savings accounts. Our customer base in the Group also increased from 6.8 million to 8.3 million. Our investment management businesses increased their assets by 23% to almost N500 billion at the end of the year’’.
Mr. Balogun further reported that, “across the Group, our digital transformation gathered momentum, with the total number of internet banking growing by 43% to 6.6 million. Transaction volumes from mobile banking (App and USSD) grew by 74% in 2020. Our digital loans grew from N14.5 billion in 2019 to N54.6 billion at the end of 2020. Innovation and efficiency gains will be the key pillars on which we seek to raise our game in the near future. We expect that in 2021, we will continue with the strides we have made with our digital initiatives, as our technology platforms and products continue to contribute to our performance and competitiveness. We will remain resilient and innovative in charting new avenues for growth. We will also remain committed to elevating the quality of life of all our stakeholders’’.
Speaking on the response of FCMB Group to the challenges of COVID-19, he disclosed that the financial institution contributed immensely to the efforts at combating the spread of the pandemic and alleviating the pains of the most vulnerable members of the society by donating N250 million to the CACOVID initiative.
The Group Chief Executive added that, “we also supported state governments across the country to provide testing, palliatives, various medical items, including Personal Protective Equipment and ambulances to assist them effectively equip and secure health workers. We also provided catalytic support for givefood.ng. Through this initiative, one million vulnerable Nigerians had access to meals during the height of the government lockdown’’.
FCMB Group and its subsidiaries have consistently proved their mettle as resilient institutions with significant improvement on all financial fundamentals over the years.
Among other results for the year 2020, the Group’s gross revenue increased to N199.4 billion, a 10% increase from N181.3 billion achieved in 2019. The results also showed enhanced customers confidence in FCMB, as deposits grew by 33% to N1.3trillion from N943.1billion in the previous year. Loans and advances surged by 15% to N822.8 billion as at December 2020. Total assets of the Group increased by 23% to N2.06 trillion last year. Moreover, FCMB Group’s net interest income was up by 20% to N90.8 billion for the full year 2020 from N76.0 billion in 2019. Non-interest income equally increased to N37.8 billion, representing a 9% growth, as against N34.8 billion prior year. The Group’s Assets Under Management (AUM) also sustained its growth trajectory by rising to N495.2 billion for the year ended December 2020, up by 23%.
Similarly, capital adequacy ratio remained stable at 17.7% for the retail and commercial banking subsidiary of the Group (that is, First City Monument Bank). The capital adequacy ratio of 17.7% is above the benchmark set by the Central Bank of Nigeria for deposit money Banks in the country. Liquidity ratio of the Bank stood at 34.2% as at the end of the financial year 2020, indicating that the financial institution is in a very healthy position. Non-performing loans to total loans ratio stood at a modest 3.3%.
Analysts have already expressed broadly positive views on FCMB’s 2020 financial results. An analyst described it as, “very encouraging”.
A financial expert stated that, “the 2020 results of the Group is a clear indication that the business is on a stronger pedestal with capacity to deliver more value to shareholders, the market and other stakeholders”.
FCMB Group is a frontline financial services institution in Nigeria with subsidiaries that are market leaders in their respective segments. Having successfully transformed to a retail banking and wealth management-led group, FCMB has continued to distinguish itself through innovation and the delivery of exceptional services.
Nairametrics | Company Earnings
Access our Live Feed portal for the latest company earnings as they drop.
- Sovereign Trust Insurance Plc notifies stakeholders of 26th Annual General Meeting.
- Dangote Cement Plc to hold AGM on May 26th
- Linkage Assurance Plc proposes N500million as final dividend for 2020, and a bonus issue on its existing shares.
- VFD Group set to raise additional capital of N9.01 billion through rights issue and private placement.
- GT Bank records a 9% dip in profit to N45.55 billion in Q1 2021.