Since leading cement maker – Dangote Cement, released its Q3 report on November 6, it has gained ₦273 billion on the Nigerian Stock Exchange.
However, at the close of trade yesterday, the market capitalization of Dangote Cement stood at ₦3.152 trillion.
- Its Market Capitalization at the open of trade on November 6 was N2,879,845,751,445.00.
- Its Market Capitalization at the close of trade on November 10 is N3,152,493,869,925.00.
- This gives a difference of ₦272,648,118,480.00, which is the total gains on the outstanding 17,040,507,405 ordinary shares of 50 kobo issued by the company – fully paid for by shareholders.
What you should know
It is important to note that the gains on the total shares of Dangote Cement were driven by the impressive performance of the Group in the third-quarter of 2020.
Recall that Nairametrics reported three days ago that Dangote Cement recorded a revenue of N284.59 billion in 2020 Q3 compared to N212.06 billion in the same period in 2019, which is 34.20% higher.
However, during this period, it made a pre-tax profit of N109.11 billion, which is 158.60% higher than its pre-tax profits in the corresponding period of 2019.
Michel Pucheros, Chief Executive Officer of Dangote Cement, attributed the impressive performance by the group to the strong appetite for real estate investment and the recovery of infrastructure spending by the government.
Lafarge Africa gains N71 billion in market value in three trading sessions
The market capitalization of Lafarge Africa Plc has gained N70.87 billion in the past three trading sessions on NSE.
Lafarge Africa Plc, one of the leading cement manufacturers in Nigeria, has gained almost N71 billion in the past three trading sessions on NSE, pushing the market capitalization of the cement manufacturer to N384.98 billion.
Lafarge whose shares peaked at N30.3 this year, saw its share price increase from N19.5 on the 3rd of March 2021 to N23.90 at the close of trading activities on March 8 2021 after enduring a massive sell down in recent weeks.
According to data tracked on the NSE website, this move led to a N70.87 billion gain in the market capitalization of Lafarge Africa in three trading sessions on the local bourse.
This impressive gains in Lafarge’s shares and market value were triggered by buying pressures from bargain hunters who took position in the company after its share price slumped to N19.5 per share.
- At the time of writing this report, Lafarge was the tenth most capitalized company on NSE with a market capitalization of N384.98 billion, behind Nigerian Breweries with a market capitalization of N395.85 billion.
- A total of 5,380,311 units of Lafarge ordinary shares worth N129,602,973.90, were exchanged on the bourse in 185 deals on Monday 8th March 2021.
- The shares of the cement manufacturer gaining a total 7.66% or N1.7 to close higher at N23.9 on the 8th of March 2021.
What you should know
- Lafarge Africa Plc, a subsidiary of LafargeHolcim, a world leader in building materials, is a leading cement manufacturing company in Sub-Saharan Africa with a current installed cement production capacity of 10.5Mtpa.
- The cement manufacturer has a wide operational footprint in Nigeria strategically positioned in three Geo-political zones in the country which include; the South West (Ewekoro and Sagamu in Ogun State), North East (Ashaka, in Gombe State), South East (Mfamosing, Cross Rivers State).
- The company also has a ready-mix operation in Lagos, Abuja and Port Harcourt.
In an effort to cut down on deadweight cost, the Board of Lafarge Africa Plc has resolved to sell off its 35% stake in Continental Blue Investment Ghana Limited – a move that will see the company cut down on costs impacting the Group’s profit.
This is not the first time the company has had to sell off an unproductive investment, in August 2019, Lafarge Africa sold off all its stakes in Lafarge South Africa Holdings (LSAH).
List of Dividends announced so far in 2021
This is a list of Dividends announced so far in 2020.
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved and when it will be paid. Dividend payment also affects share prices.
This page will be updated from time to time.
Date Announced – The date the company announced dividends evidenced by a corporate action published on the website of the NSE.
Qualification date – Shareholders who own shares as of this date will receive dividends. If you buy shares and want to receive dividends make sure it is at least three days before this date. Shares get transferred to you on the basis of the T+3 rule (the date you bought plus 3 working days).
Payment date – This is when the 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 listed in their register before this date will be paid dividends.
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READ MORE: How to read stock market tables
2020 Dividends from companies quoted on the Nigerian Stock Exchange
|Company||DPS||Date Announced||Bonus||Closure of Register||AGM Date||Payment Date||Qualification date|
|United Bank for Africa||N0.35k||9th March 2021||Nil||22nd - 26th March 2021||1st April 2021||1st April 2021||19th March 2021|
|Dangote Sugar Refinery Plc||N1.5k||1st March 2021||Nil|
|Africa Prudential Plc||N0.50k||2nd March 2021||Nil||16th - 20th March 2021||25th March 2021||26th March 2021||15th March 2021|
|NASCON Allied Industries Plc||N0.4k||1st March 2021||Nil||23rd April 2021||4th May 2021||5th May 2021||22nd April 2021|
|MTN Nigeria Plc||N5.9k||1st March 2021||Nil||5th May 2021||25th May 2021||26th May 2021||4th May 2021|
|Seplat Petroleum Dev. Company Plc||$0.05||1st March 2021||5th May 2021||20th May 2021||28th May 2021||4th May 2021|
|Nestle Nig Plc||N35.5k||1st March 2021||Nil||24th - 28th May 2021||22nd June 2021||23rd June 2021||21st May 2021|
|Custodian Investment Plc||N0.45k||1st March 2021||Nil||12th - 16th April 2021||22nd April 2021||22nd April 2021||9th April 2021|
|Zenith bank Plc||N2.70k||23rd February 2021||Nil||9th March 2021||16th March 2021||16th March 2021||8th March 2021|
|United Capital PLC||N0.70k||22nd February 2021||Nil||8th - 15th March 2021||23rd March 2021||26th March 2021||5th March 2021|
|Nigerian Breweries||0.69k||17th February 2021||Nil||11th - 17th March 2021||22nd April 2021||23rd April 2021||10th March 2021|
|PZ Cussons Nigeria Plc||N0.1k||7th January 2021||Nil||11th - 15th January 2021||29th January 2021||1st February 2021||19th October 2020|
|Neimeth International Pharmaceuticals Plc||N0.065k||30th December 2020||Nil||23rd February 2021||9th March 2021||12th March 2021||22nd February 2021|
|Vitafoam Nigeria Plc||N0.7k||31st December 2020||Nil||15th - 19th February 2021||4th March 2021||5th March 2021||12th February 2021|
|Conoil Plc||N2.00k||6th October 2020||Nil||23rd October 2020||13th July 2020|
|Seplat Petroleum Dev. Company Plc||USD$0.05||30th October 2020||Nil||16th November 2020||Nil||7th December 2020||13th December 2020|
|Airtel Africa||USD$0.015||31st October 2020||Nil||13th November 2020||Nil||11th December 2020||13th November 2020|
|Nigerian Breweries Plc||N0.25k||29th October 2020||Nil||23rd - 27th November 2020||Nil||1st December 2020||20th November 2020|
|Nestle Nig Plc||N25||27th October 2020||Nil||23rd - 27th November 2020||Nil||7th December 2020||20th November 2020|
|Access Bank Plc||N0.25k||3rd September 2020||Nil||18th September 2020||Nil||28th September 2020||17th September 2020|
|11 Plc (Updated)||N8.25||28th May 2020||Nil||30th Sept - 5th Oct 2020||14th October 2020||15th October 2020||29th Sept 2020|
|Zenith bank Plc||N0.30k||3rd September 2020||Nil||17th September 2020||Nil||22nd September 2020||16th September 2020|
|Guaranty Trust Bank Plc||N0.30k||2nd September 2020||Nil||16th September 2020||Nil||21st September 2020||15th September 2020|
|Stanbic IBTC Holdings Plc||N0.40k||2nd September 2020||Nil||16th - 23rd September 2020||Nil||30th September 2020||15th September 2020|
|Learn Africa Plc||N0.05k||1st September 2020||Nil||5th - 9th October 2020||15th October 2020||16th October 2020||2nd October 2020|
|United Bank for Africa||N0.17k||1st September 2020||Nil||16th September 2020||Nil||23rd September 2020||15th September 2020|
|Tripple Gee & Company Plc||N0.055k||12th August 2020||Nil||1st - 4th September 2020||16th September 2020||22nd September 2020||31st August 2020|
|Lasaco Assurance Plc||N0.05k||14th August 2020||Nil||1st September 2020||15th September 2020||22nd September 2020|
|Linkage Assurance Plc||Nil||26th June 2020||1 for every 4 shares||20th - 24th July 2020||13th August 2020||NA||17th July 2020|
|Smart Products Nigeria Plc||N0.10k||30th June 2020||Nil||27th - 31st July 2020||27th August 2020||3rd September|
|University Press Plc||N0.15k||10th June 2020||1 for every 13 shares||25th September 2020||5th November 2020||5th November 2020|
|AIICO Insurance||Nil||10th June 2020||1 for every 13 shares||29th June - 3rd July 2020||To to be communicated||NA||25th June 2020|
|Red Star Express Plc||N0.35k||28th August 2020||Nil||21st - 25th September 2020||8th October 2020||15th October 2020||18th September 2020|
|Consolidated Hallmark Insurance Plc||Nil||4th August 2020||1 for every 14 shares||19th - 25th 2020||26th August 2020||Nil||18th August 2020|
|Custodian Investment Plc||N0.10k||29th July 2020||Nil||24th - 28th August 2020||Nil||1st September||21st August 2020|
|SFS Real Estate Investment Trust||N7.30||17th August 2020||Nil||7th - 11th September 2020||Nil||25th September 2020||4th September 2020|
|Northern Nigeria Flour Mills PLC||N0.15k||13th August 2020||Nil||25th - 28th August 2020||8th September 2020||10th September 2020||24th August 2020|
|Honeywell Flour mills||N0.04k||5th August 2020||Nil||17th - 23rd September 2020||30th September 2020||30th September 2020||16th September 2020|
|Presco Plc (Updated)||N2.00k||3rd June 2020||Nil||20th - 22nd July 2020||2nd September 2020||4th September 2020||17th July 2020|
|Cornerstone Insurance||Nil||4th August 2020||7 new shares for every 30 existing shares||13th -17th August 2020||NA||NA||12th August 2020|
|Flour Mills of Nigeria||N1.4k||29th July 2020||Nil||17th August - 21st August 2020||10th September||14th September 2020||14th August 2020|
|MTN Nigeria Plc||N3.50k||29th July 2020||Nil||17th August 2020||NA||24tb August 2020||14th August 2020|
|Cutix PLC||N0.12K||29th July 2020||Nil||16th - 20th November 2020||27th November 2020||30th November 2020||13th November 2020|
|C & I Leasing PLC||N0.20k||30th June 2020||Nil||14th - 16th July 2020||23rd July 2020||31st July 2020||13th July 2020|
|McNichols Consolidated Plc (Revised)||N0.03k||1st April 2020||Nil||2nd - 6th July 2020||30th July 2020||7th August 2020||1st July 2020|
|Dangote Sugar Refinery Plc||N1.10k||8th June 2020||Nil||22nd June 2020||9th July 2020||within 48hrs after AGM||19th June 2020|
|Jaiz bank||N0.03k||9th June 2020||Nil||29th June - 3rd July 2020||16th July 2020||16th July 2020||26th June 2020|
|UAC of Nigeria Plc (UPDATED)||N0.10k||20th April 2020||Nil||19th - 22nd May 2020||15th July 2020||16th July 2020||18th May 2020|
|Prestige Assurance Plc||Nil||4th June 2020||2 New shares for every 11 existing shares||22nd - 26th June 2020||30th June 2020||N/A||19th June 2020|
|Trans-Nationwide Express Plc||N0.03k||1st June 2020||Nil||6th - 10th July 2020||16th July 2020||20th July 2020||3rd July 2020|
|Nigeria Aviation Handling Company PLC||N0.30k||28th May 2020||Nil||1st - 3rd July 2020||16th July 2020||16th July 2020||30th June 2020|
|Skyway Aviation Handling Co. Plc||N0.16k||1st June 2020||Nil||17th - 23rd June 2020||30th June 2020||30th June 2020||16th June 2020|
|Glaxo SmithKilne Consumer Nig. Plc||N0.55k||22nd May 2020||Nil||23rd June - 2nd July 2020||23rd July 2020||24th July 2020||22nd June 2020|
|Airtel Africa||0.03||13th May 2020||Nil||6th July 2020||Not applicable||24th July 2020||NA|
|Caverton Offshore Support Group Plc||N0.20k||22nd May 2020||Nil||16th June 2020||25th June 2020||25th June 2020||15th June 2020|
|Nigerian Breweries Plc (Revised)||N1.51k||20th May 2020||Nil||5th-11th March 2020||23rd June 2020||24th June 2020||4th March 2020|
|BUA Cement||N1.75k||19th May 2020||Nil||28th Sept - 2nd Oct 2020||22nd October 2020||23rd October 2020||25th September 2020|
|NASCON Allied Industries Plc||N0.40k||13th May 2020||Nil||15th - 16th July 2020||27th July 2020||29th July 2020||14th July 2020|
|Total Nigeria Plc||N6.71||13th May 2020||Nil||5th - 11th June 2020||to be announced||24hrs after meeting||4th June 2020|
|Cadbury Nigeria Plc||N0.49k||13th May 2020||Nil||25th - 29th May 2020||24th June 2020||25th June 2020||22nd May 2020|
|May and Baker Plc||N0.25k||13th May 2020||Nil||27th - 29th May 2020||4th June 2020||8th June 2020||26th May 2020|
|NPF Microfinance Bank Plc||N0.20k||11th May 2020||Nil||17th - 22nd June 2020||30th June 2020||30th June 2020||16th June 2020|
|Okomu Oil Palm Plc||N2.00||23rd April2020||Nil||19th - 22nd May 2020||28th May 2020||29th May 2020||18th May 2020|
|Lafarge Africa Plc||N1||27th April 2020||Nil||4th - 8th May 2020||3rd June 2020||3rd June 2020||30th April 2020|
|Wema Bank Plc||N0.04k||23rd April 2020||Nil||7th - 12th May 2020||18th May 2020||18th May 2020||6th May 2020|
|Union bank of Nigeria||N0.25k||13th April 2020||Nil||27th - 30th April 2020||6th May 2020||6th May 2020||24th April 2020|
|FBN Holdings||N0.38k||6th April 2020||Nil||21st - 22nd April 2020||27th April 2020||28th April 2020||20th April 2020|
|Lafarge Africa Plc||N1.00k||6th April 2020||Nil||4th - 8th May 2020||26th May 2020||26th May 2020||30th April 2020|
|Ikeja Hotel Plc||N0.02||3rd April 2020||Nil||2nd - 8th July 2020||30th July 2020||7th August 2020||1st July 2020|
|NEM Insurance||N0.15k||1st April 2020||Nil||4th - 8th May 2020||to be announced||to be announced||30th April 2020|
|FCMB Group Plc||N0.14k||31st March 2020||Nil||15th - 17th April 2020||28th April 2020||28th April 2020||14th April 2020|
|Beta Glass Nigeria Plc||N1.67k||30th March 2020||Nil||15th - 19th June 2020||2nd July 2020||3rd July 2020||11th June 2020|
|Capital Hotel Plc||N0.05k||26th March 2020||Nil||20th - 24th April 2020||27th May 2020||3rd June 2020||17th April 2020|
|Sterling bank Plc||N0.03k||26th March 2020||Nil||5th - 8th May 2020||20th May 2020||20th May 2020||4th May 2020|
|Boc Gases||N0.30k||26th March 2020||Nil||8th - 10th June 2020||25th June 2020||26th June 2020||5th June 2020|
|Fidelity Bank Plc||N0.20k||23rd March 2020||Nil||20th - 24th April 2020||30th April 2020||30th April 2020||17th April 2020|
|Seplat Petroleum Dev. Company Plc||0.05||23rd March 2020||Nil||13th May 2020||28th May 2020||4th June 2020||12th May 2020|
|Julius Berger Nig. Plc||N2.75k||13th March 2020||0.002||1st to 3rd June 2020||18th June 2020||19th June 2020||29th May 2020|
|Nigeria Energy Sector Fund (NESF)||N75.00||10th March 2020||Nil||20th March 2020||6th April 2020||19th March 2020|
|Access Bank Plc||N0.40k||6th March 2020||Nil||15th April 2020||30th April 2020||30th April 2020||14th April 2020|
|Nestle Nig Plc||N45.00k||28th February 2020||Nil||18th - 22nd May 2020||2nd June 2020||2nd July 2020||15th May 2020|
|Stanbic IBTC Holdings Plc||N2.00||5th March 2020||Nil||19th - 26th March 2020||30th June 2020||18th June 2020||18th March 2020|
|Guaranty Trust Bank Plc||N2.50k||2nd March 2020||Nil||19th March 2020||30th March 2020||30th March 2020||18th March 2020|
|United Bank of Africa||N0.80k||2nd March 2020||Nil||16th - 20th March 2020||27th March 2020||27th March 2020||13th March 2020|
|Transcorp Plc||N0.01k||28th February 2020||Nil||18th - 23rd March 2020||25th March 2020||27th March 2020||17th March 2020|
|MTN Nigeria Plc||N4.97k||28th February 2020||Nil||16-Feb-00||8th May 2020||19th May 2020||17th april 2020|
|Transcorp Hotels Plc||N0.07k||28th February 2020||Nil||13th-17th March 2020||24th March 2020||26th March 2020||12th March 2020|
|United Capital PLC||N0.50k||18th February 2020||Nil||9th-13th March 2020||24th March 2020||26th March 2020||6th March 2020|
|Infinity Trust Mortgage Bank PLC||N0.035K||30th January 2020||Nil||9th-13th March 2020||7th May 2020||14th May 2020||6th March 2020|
|Zenith bank Plc||N2.50k||21st February 2020||Nil||10th March 2020||16th March 2020||16th March 2020||9th March 2020|
|Africa Prudential Plc||N0.70k||25th february 2020||Nil||9th-13th March 2020||23rd March 2020||23rd March 2020||6th March 2020|
|Dangote Cement Plc||N16.00||25th february 2020||Nil||26th May 2020||15th June 2020||16th June 2020||25th May 2020|
Nairametrics | Company Earnings
Access our Live Feed portal for the latest company earnings as they drop.
- 2020 FY: UBA posts N113.77 billion profit after tax as earnings per share prints at N3.20
- 2020 FY Results: Champion Breweries Plc reports a revenue growth of 1.80% in 2020
- Seplat falls into a loss in FY 2020
- 2020 FY Results: Cornerstone Insurance Plc reports a 61.1% decline in profit
- Ellah Lakes increases operating expenses by 33.36% in HY 2020