Billionaire investor Tony Elumelu is set to receive a UBA dividend payout of N12.71 billion for the financial year ended 2024, according to an analysis by Nairametrics.
Investors hoping for a bigger payday from Dangote Cement’s 2024 earnings just got a reality check: the dividend remains stuck at N30 per share, unchanged from 2023.
Stanbic IBTC Holdings has announced an interim dividend of N2.00 per ordinary share of 50 kobo each, worth N25.9 billion, according to a corporate action statement released by the NGX.
United Capital Plc investment management company and financial services powerhouse, has emerged as a beacon of stability and growth.
Shareholders of Berger Paints Nigeria Plc have endorsed the recommendation of the Board of Directors for a dividend of N232 million for the financial year 2023, up from N203 million paid in 2022.
Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share.
Seplat Energy Plc declares N1.309.88/$1 as applicable currency exchange rate for 2023 dividend payout
Directors declared and paid an interim dividend of 50 Kobo per ordinary share on the share capital of 29,431,179,224 Ordinary Shares of 50 Kobo each, for the half-year period ended June 30, 2023.
Shareholders of Unilever Nigeria Plc will receive a dividend of N4.309 billion for the financial year ended December 2023, representing a total dividend of N0.75 kobo per share declared by the Board of Directors of the company.
The current year seems to be presenting Nestle Nigeria with considerable challenges, leading to a break in earnings trends and possibly an anticipated break in its five-year streak of consistently paying dividends to shareholders.
Some Nigerian-listed companies have consistently provided returns to their shareholders through dividend payouts, as indicated by data from their financial statements.
In the fiscal year of 2022, 71 publicly traded companies in Nigeria, spanning diverse sectors like banking, telecommunications, and consumer goods, collectively disbursed over N1.5 trillion in dividends. Our top 8 contributed 77% of the total.
