• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Nigerian Breweries to pay dividend of N14.6 billion

Damilare Famuyiwa by Damilare Famuyiwa
February 18, 2019
in Business News, Company News
Nigerian Breweries Plc, FMDQ, Nigerian Breweries to list Commercial Papers on FMDQ
Share on FacebookShare on TwitterShare on Linkedin

Good times are here for shareholders of the Nigerian Breweries Plc, as the company announced that it will be paying a final dividend of N14,603,027,891; which is N1.83 per ordinary share of 50 Kobo each for the period ended December 31, 2018. This is subject to the deduction of the appropriate withholding tax and approval at the Annual General Meeting of the Company slated for Friday, May 17, 2019.

While bonus share is not applicable, the company disclosed that the Register of Members will be closed from Thursday, March 7, 2019, to Wednesday, March 13, 2019. Only shareholders whose names appear in the Register of Members as at the close of business on Wednesday, March 6, 2019, will be paid.

Hopefully, the dividends will be paid electronically to eligible shareholders by Monday, May 20, 2019. This only applies to shareholders who had already completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

RelatedStories

Nigerian Breweries

Nigerian Breweries launches 9-month free technical skills training with stipend for Nigerian graduates 

May 22, 2025
Nigerian Breweries Plc appoints Uzo Odenigbo as Corporate Affairs Director 

Nigerian Breweries Plc appoints Uzo Odenigbo as Corporate Affairs Director 

April 29, 2025

Full-year 2018 poor performance

Nigerian Breweries Plc obvious had an unimpressive 2018, looking at their audited full-year 2018 results. Revenue for the period stood at N350.2 billion, which is a decrease of 4.3% from 2017 revenue of N365.7 billion.

The company also witnessed a dip in profit before tax in 2018. PBT was N29.4 billion in 2018 compared to N46.6 billion in 2017, which is a 36.9% decrease.

The company’s profit after tax (PAT) also dropped from N33 billion in 2017 to N19.4 billion in 2018; this represents a 41.2% decrease.

This drop in revenue and profit may as a result of stiffer competition from other brewers in the period under review.

About the company

Nigerian Breweries Plc is the pioneer and largest brewing company in Nigeria. It serves the Nigerian market and exports to other parts of West Africa. The firm engages in brewing, marketing, and selling of lager, stout, non-alcoholic drinks, and soft drinks in Nigeria.

The company was formerly known as Nigerian Brewery Limited before it changed its name to Nigerian Breweries Plc in 1990. The company was founded in 1946 and is headquartered in Lagos, Nigeria.

Nigerian Breweries is currently trading at ₦83 on the floor of the Nigerian Stock Exchange (NSE).


Follow us for Breaking News and Market Intelligence.
Tags: Full-year 2018 reportNigerian Breweries Plc
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Related Posts

Nigerian Breweries
Business News

Nigerian Breweries launches 9-month free technical skills training with stipend for Nigerian graduates 

May 22, 2025
Nigerian Breweries Plc appoints Uzo Odenigbo as Corporate Affairs Director 
Companies

Nigerian Breweries Plc appoints Uzo Odenigbo as Corporate Affairs Director 

April 29, 2025
Nigerian Breweries
Equities

Nigerian Breweries Plc acquires remaining 20% stake in DWSN, hints at expanding beyond beer 

March 19, 2025
FY 2024: Nigerian Breweries Plc crosses the Triliion naira mark in revenue; returns to profitability in Quarter 4
Companies

FY 2024: Nigerian Breweries Plc crosses the Triliion naira mark in revenue; returns to profitability in Quarter 4

February 15, 2025
Nigerian Breweries Plc records N437.196 billion revenue
Appointments

Nigerian Breweries appoints Olufunmilayo Akande as Independent Non-Executive Director 

February 14, 2025
Nigerian Breweries records 159% increase in pre-tax losses in first nine months of 2024 
Company Results

Nigerian Breweries records 159% increase in pre-tax losses in first nine months of 2024 

October 24, 2024
Next Post
Marek Zmyslowski, Jumia Travel

Jumia Travel Founder continues fight against alleged Nigerian detractors

Leave a Reply Cancel reply

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

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • EFCC arraigns Emefiele over ‘753 Housing Unit’ as ex-CBN governor gets N2 billion bail 
  • Bamboo opens remittance app to send funds to 15 African countries and virtual USD cards
  • LemFi acquires fintech pillar to launch Credit Cards for immigrants

Follow us on social media:

Recent News

Bank customers with CBN rise to 57 million in April 2023

EFCC arraigns Emefiele over ‘753 Housing Unit’ as ex-CBN governor gets N2 billion bail 

June 16, 2025
Bamboo opens remittance app to send funds to 15 African countries and virtual USD cards

Bamboo opens remittance app to send funds to 15 African countries and virtual USD cards

June 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics