Nigerian Breweries Plc has announced a final dividend of N3.13 per share for the year ended 31 December, 2017.
The company’s register has been fixed for closure on 13th March 2018, for qualification to benefit from the proposed dividend as qualification date is fixed for March 6th 2018.
The company had earlier paid interim dividend of N100 per share.
Company Secretary Uaboi Agbebaku in a statement released by the Nigerian Stock Exchange (NSE) on behalf of the company, pointed that payment of the proposed dividend is expected to be for those that have completed their e-dividend payment mandate.
The proposed divided payment is subject to approval by the company’s shareholders at its 2018 annual general meeting scheduled to hold in Lagos on April 20th,at Shell Hall , Muson Center.
The Board of Directors of Nigerian Breweries in November 2017 announced a revenue of N254.7 billion for nine (9) months ended September 30, 2017.
Its board further announced the declaration of an interim dividend of N7,996,902,051bn which is, N1.00 (one naira only) per ordinary share of fifty kobo in the share capital of the company.
Stories by Bonny Amadi