Tag
DIVIDEND PAYMENTS
Airtel Money, the mobile money business operating across 13 African markets, reported revenue of $830 million for the six months ended September 30, 2026, representing a 25.1% increase year-on-year in constant currency in its first financial results since listing in London earlier this month.
Analysts earlier predicted that banks may hold off on dividend payments as a way of cutting down on costs in view of COVID-19.
GlaxoSmithKline Consumer Nigeria Plc on 24th July 2020, will pay dividends electronically to Shareholders whose names appear in the Register.
“Some companies (banks) have already begun to slash their CAPEX and will most likely cut dividend payouts in 2020.”