Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

This blue chip stock has hit a year low

Onome Ohwovoriole by Onome Ohwovoriole
August 16, 2018
in Business News, Markets, Stock Market
Aliko Dangote, Bloomberg Billionaire Arsenal
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Stock Exchange (NSE) has declined sharply in the last one week, due to both domestic and emerging market concerns. The bear markets, however, provide an opportunity for fundamental investors to pick stocks currently trading at a year low.

Cement giant, Dangote Cement Plc is currently trading at a year low.

*Nairametrics benchmark for a blue-chip stock is one with annual revenues of at least N130 billion.

RelatedPosts

Shareholders approve Dangote Cement’s N20 per share dividend FY 2021

Dangote Cement best performing stock – Nigerian Exchange

Year High: N278
Year Low: N214
Year to Date: -6.96%
One Year Return: 4.21%
Price Earnings Ratio: 21.84X
Price to Book ratio: 5

News continues after this ad


Recent results

Results for the half year ended June 2018, show that revenue increased from N412 billion in 2017 to N482 billion in 2018. Profit before tax also increased from N155 billion in 2017 to N185 billion in 2018. Profit after tax also rose from N109 billion in 2017 to N113 billion in 2018.

About the company

Dangote Cement Plc was incorporated in Nigeria as a public limited liability company on 4th November 1992 and commenced operations in January 2007 under the name Obajana Cement Plc. The name was changed on 14th July 2010 to Dangote Cement Plc.

News continues after this ad


The company is currently the most capitalised on the Nigerian Stock Exchange, with a market capitalisation of N3.6 trillion as at yesterday’s trading session. This amounts to 28.1% of the total market capitalisation on the NSE.

Related

Tags: Dangote Cement PlcNigerian Stocks

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Brent falls below $100 for the first time since April 2022
    • The emergence of a Third Force…
    • Nigeria losing 20% of daily crude production to oil thieves – Wale Tinubu

    Follow us on social media:

    Recent News

    sanctions against Russia

    Brent falls below $100 for the first time since April 2022

    July 6, 2022
    2023 Presidency: Meet the men who want Buhari’s job

    The emergence of a Third Force…

    July 6, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com