Unilever Proposes Dividend Of 5 Kobo Per Share

Unilever Nigeria Plc, has notified the Nigerian Stock Exchange of the closure of register of members and dividend payments.

According to the letter written to the NSE;

1) The Board approved the recommendation of the sum of N189,164,000.81, that is, 5 kobo gross per share which if appproved by Members in General Meeting, is payable on Friday, 13 May, 2016.

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2) Closure of Register of Members for the purpose of preparation of Dividend payments – Monday 11 April – Friday 15 April, 2016.

The company’s Q4’15 result shows a Profit After Tax (PAT) of N1.19billion, as against the N141 million it posted at the close of trading in the third quarter.

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