Many companies listed on the Nigerian Stock Exchange have announced dividend payout for the 2020 financial year, showing the resilience of most of the firms in breaking through the chaos in the year of the pandemic.
Some of them even bucked the trend by reporting larger revenues and profits at a time when global businesses took a hit from lockdowns and stay-at-home orders that eroded sales and ate away at income.
A company like Stanbic IBTC Holdings Plc not only shocked the market in announcing its biggest dividend payout ever on Wednesday, but simultaneously stated its bonus plan to reward shareholders with a new ordinary share for every six already held.
The announcement helped drive a surge in market activities on Thursday, with the All Share Index gaining 0.53 per cent.
Below is a list of all companies that have so far announced returns for their shareholders.
COMPANIESDIVIDEND PER SHAREOPENING PRICE @ 25/03/2021BONUSQUALIFICATION DATEPAYMENT DATE
VitafoamN0.70N8.10NONE12th February5th March
NeimethN0.065N1.78NONE22nd February12th March
United CapitalN0.70N5.10NONE5th March24th March
Nigerian BreweriesN0.60 (Final)N48NONE10th March23rd March
Africa PrudentialN0.50N5.50NONE15th March26th March
Zenith BankN2.70 (Final)N22NONE8th March16th March
NASCONN0.40N15.2NONE22nd April5th May
Custodian InvestmentN0.45 (Final)N6NONE9th April22nd April
NestleN35.50 (Final)N1,375NONE21st April23rd June
Seplat$0.05 (Final)N550NONE4th May28th May
MTNNN5.90 (Final)N161NONE4th May26th May
ARDOVAN0.19N15.40NONE25th March13th April
DANGOTE CEMENTN16N225NONE27th April27th May
UNION BANKN0.25N5.30NONE31st March13th April
GTBN2.70 (Final)N31NONE31st March9th April
DANGOTE SUGARN1.50N16.85NONE17th March19 or 20th May
CAPN2.10N22NONE
BETA GLASSN1.04N54NONE
LAFARGE WAPCON1N21NONE30th April25th May
STANBIC IBTCN3.60 (Final)N48.451 for 67th April28th May
SFS Real Estate Investment TrustN8.10N68.60NONE26th March16th April
UBAN0.35 (Final)N6.90NONE19th March1st April
Support ‘ journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to , you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401…
