C & I Leasing Plc proposes final dividend worth N39.1 million for shareholders.

The Board of C & I Leasing Plc has proposed a final dividend of N39.1 million to its shareholders for the period ended 31st of December, 2020.

This is according to a notification published on the website of the Nigerian Exchange Group Plc (NGX), stating that a dividend of 5 kobo per share will be paid on all the issued 781,646,167 ordinary shares of the company.

The proposed final dividends will be paid electronically to qualified shareholders on or before 30th of June, 2021. Qualified shareholders are those, whose names appear on the Register of Members as at close of business on 11th of June, 2021. Other qualifying conditions are;

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• Shareholders must have completed the e-dividend registration.
• In addition, shareholders must have mandated the Registrar (Centurion Registrars Limited) to pay their dividend directly into their bank accounts.

What you should know:

• C & I Leasing Plc earlier released its Q1 2021 results showing a profit after tax of N77.7 million.
• In a bid to consider the proposed final dividend, an Annual General Meeting (AGM) will be held by the company on the 29th of June, 2021 by 11:00am