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Home Markets Equities Stock Market

These 4 stocks will be marked down for dividend this week

Nairametrics by Nairametrics
March 29, 2015
in Stock Market
A case for investing in dividend stocks
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Forte Oil – The company proposed a dividend per share of N2.50 and payable April 22nd 2015 once the board approves. They also proposed a 1 for 5 bonus issue. To benefit from this dividend and bonus, you will have to own shares in this company before the closure date of April 1st to 7th 2015. Forte Oil closed trading last Friday at N224.89.

Transcorp Hotels – They proposed a dividend per share of 37 kobo payable April 17, 2015 once it is approved by the board. To get this dividend, you will have to be a shareholder before the register closes on 30th March 2015. Transcorp Hotel shares has remained at N10 per share.

PZ Cussons Nigeria (Interim Dividend) – They proposed a dividend per share of 25 kobo payable April 7, 2015. Investors interested in getting this dividend will have to own shares in PZ before 30th March 2015. PZ Cussons closed last week at N26.82.

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FCMB – The mid sized bank released blistering results two weeks back and followed up with a proposed dividend of 25 kobo per share. The dividend will be paid on the 24th of April 2015 for shareholders who are included in the register before it closes on the 30th of March 2015. The share price closed at N2.81 last Friday.

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