Dividends Archives - Nairametrics https://nairametrics.com/category/market-news/equities/dividends/ Destination for Business news and analysis from Africa's largest economy Sat, 08 Jun 2024 09:26:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Dividends Archives - Nairametrics https://nairametrics.com/category/market-news/equities/dividends/ 32 32 201037849 Presco’s shareholders approve N24.3 billion final dividends for 2023, total dividend yields hit 13.6% https://nairametrics.com/2024/06/08/prescos-shareholders-approve-n24-3-billion-final-dividends-for-2023-total-dividend-yields-hit-13-6/ https://nairametrics.com/2024/06/08/prescos-shareholders-approve-n24-3-billion-final-dividends-for-2023-total-dividend-yields-hit-13-6/#respond Sat, 08 Jun 2024 09:26:17 +0000 https://nairametrics.com/?p=490859 Shareholders at the 31st Annual General Meeting (AGM) of Presco Plc, approved a final dividend of N24.30 per ordinary share of 50 Kobo, totaling N24.3 billion, as recommended by the Board of Directors for the financial year ended December 31, 2023.

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]]> https://nairametrics.com/2024/06/08/prescos-shareholders-approve-n24-3-billion-final-dividends-for-2023-total-dividend-yields-hit-13-6/feed/ 0 490859 Airtel Africa to pay N276 billion total dividend for 2023, chooses N1,485.99 as exchange rate for final dividend   https://nairametrics.com/2024/06/06/airtel-africa-to-pay-n276-billion-total-dividend-for-2023-chooses-n1485-99-as-exchange-rate-for-final-dividend/ https://nairametrics.com/2024/06/06/airtel-africa-to-pay-n276-billion-total-dividend-for-2023-chooses-n1485-99-as-exchange-rate-for-final-dividend/#respond Thu, 06 Jun 2024 09:04:54 +0000 https://nairametrics.com/?p=490732 Airtel Africa has selected N1485.99/$ as the exchange rate for its 2023 final dividend.

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]]> https://nairametrics.com/2024/06/06/airtel-africa-to-pay-n276-billion-total-dividend-for-2023-chooses-n1485-99-as-exchange-rate-for-final-dividend/feed/ 0 490732 SEC DG engages Securities Dealing Houses in Nigeria to address N190 billion unclaimed dividends https://nairametrics.com/2024/06/06/sec-dg-engages-securities-dealing-houses-in-nigeria-to-address-n190-billion-unclaimed-dividends/ https://nairametrics.com/2024/06/06/sec-dg-engages-securities-dealing-houses-in-nigeria-to-address-n190-billion-unclaimed-dividends/#respond Thu, 06 Jun 2024 07:30:26 +0000 https://nairametrics.com/?p=490722 The Acting Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged the Association of Securities Dealing Houses of Nigeria (ASHON) and other key stakeholders in the capital market to collaborate with the Commission in addressing the substantial issue of unclaimed dividends, which currently stands at a staggering N190 billion.

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]]> https://nairametrics.com/2024/06/06/sec-dg-engages-securities-dealing-houses-in-nigeria-to-address-n190-billion-unclaimed-dividends/feed/ 0 490722 Ten stocks with best dividend payouts in Nigeria for FY 2023   https://nairametrics.com/2024/05/28/ten-stocks-with-best-dividend-payouts-in-nigeria-for-fy-2023/ https://nairametrics.com/2024/05/28/ten-stocks-with-best-dividend-payouts-in-nigeria-for-fy-2023/#comments Tue, 28 May 2024 08:49:52 +0000 https://nairametrics.com/?p=489407 Companies listed on the Nigerian Exchange (NGX) have declared total dividend payouts exceeding N1.5 trillion for the fiscal year 2023.

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]]> https://nairametrics.com/2024/05/28/ten-stocks-with-best-dividend-payouts-in-nigeria-for-fy-2023/feed/ 1 489407 Tizeti declares 0.03 kobo dividend per share for FY 2023  https://nairametrics.com/2024/05/27/tizeti-declares-0-03-kobo-dividend-per-share-for-fy-2023/ https://nairametrics.com/2024/05/27/tizeti-declares-0-03-kobo-dividend-per-share-for-fy-2023/#respond Mon, 27 May 2024 18:59:22 +0000 https://nairametrics.com/?p=490035 One of Nigeria’s Internet Service Providers (ISPs), Tizeti, has declared to pay its shareholders a dividend of 0.03 kobo per share to its shareholders for the financial year ended December 2023. 

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]]> https://nairametrics.com/2024/05/27/tizeti-declares-0-03-kobo-dividend-per-share-for-fy-2023/feed/ 0 490035 FBN Holdings Plc declares 40 kobo dividend per share for FY 2023   https://nairametrics.com/2024/05/27/fbn-holdings-plc-declares-40-kobo-dividend-per-share-for-fy-2023/ https://nairametrics.com/2024/05/27/fbn-holdings-plc-declares-40-kobo-dividend-per-share-for-fy-2023/#comments Mon, 27 May 2024 13:19:53 +0000 https://nairametrics.com/?p=490003 Shareholders of FBN Holdings Plc will receive a total dividend of N14.35 billion for the financial year ended December 2023, representing a total dividend of 40 kobo per share declared by the group.

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]]> https://nairametrics.com/2024/05/27/fbn-holdings-plc-declares-40-kobo-dividend-per-share-for-fy-2023/feed/ 4 490003 Embrace technology to solve unclaimed dividend issues in Nigerian capital market, SEC urges registrars https://nairametrics.com/2024/05/27/embrace-technology-to-solve-unclaimed-dividend-issues-in-nigerian-capital-market-sec-urges-registrars/ https://nairametrics.com/2024/05/27/embrace-technology-to-solve-unclaimed-dividend-issues-in-nigerian-capital-market-sec-urges-registrars/#comments Mon, 27 May 2024 10:52:29 +0000 https://nairametrics.com/?p=489996 The Securities and Exchange Commission (SEC) has called on companies’ registrars to embrace technology as one of the ways of ensuring that the issue of unclaimed dividends in the capital market becomes a thing of the past.

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]]> https://nairametrics.com/2024/05/27/embrace-technology-to-solve-unclaimed-dividend-issues-in-nigerian-capital-market-sec-urges-registrars/feed/ 1 489996 I will reinvest 100% of my dividends in right issues – Elumelu tells UBA shareholders https://nairametrics.com/2024/05/24/i-will-reinvest-100-of-my-dividends-in-right-issues-elumelu-tells-uba-shareholders/ https://nairametrics.com/2024/05/24/i-will-reinvest-100-of-my-dividends-in-right-issues-elumelu-tells-uba-shareholders/#respond Fri, 24 May 2024 15:12:48 +0000 https://nairametrics.com/?p=489867 UBA shareholders have been urged to reinvest their dividends in the bank’s upcoming rights issue.

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]]> https://nairametrics.com/2024/05/24/i-will-reinvest-100-of-my-dividends-in-right-issues-elumelu-tells-uba-shareholders/feed/ 0 489867 Shareholders of Seplat Energy approve 15 cents per share dividend  https://nairametrics.com/2024/05/17/shareholders-of-seplat-energy-approve-15-cents-per-share-dividend/ https://nairametrics.com/2024/05/17/shareholders-of-seplat-energy-approve-15-cents-per-share-dividend/#respond Fri, 17 May 2024 06:59:16 +0000 https://nairametrics.com/?p=489206 Seplat Energy Plc’s shareholders have approved the payment of US 15 cents per share recommended by the company’s board of directors.  

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]]> https://nairametrics.com/2024/05/17/shareholders-of-seplat-energy-approve-15-cents-per-share-dividend/feed/ 0 489206 Fidelity Bank shareholders approve N19.2 billion final dividend for 2023 https://nairametrics.com/2024/05/16/fidelity-bank-shareholders-approve-n19-2-billion-final-dividend-for-2023/ https://nairametrics.com/2024/05/16/fidelity-bank-shareholders-approve-n19-2-billion-final-dividend-for-2023/#respond Thu, 16 May 2024 17:30:53 +0000 https://nairametrics.com/?p=489174 Fidelity Bank Plc have endorsed the recommendation of board of directors for a final dividend of N19.2 billion for the financial year 2023.

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]]> https://nairametrics.com/2024/05/16/fidelity-bank-shareholders-approve-n19-2-billion-final-dividend-for-2023/feed/ 0 489174 UPDC REIT to pay N1.105 billion final dividend for 2023 https://nairametrics.com/2024/05/16/updc-reit-to-pay-n1-105-billion-final-dividend-for-2023/ https://nairametrics.com/2024/05/16/updc-reit-to-pay-n1-105-billion-final-dividend-for-2023/#respond Thu, 16 May 2024 09:16:36 +0000 https://nairametrics.com/?p=489111 UPDC Real Estate Investment Trust (UPDC REIT) has declared a final dividend of N0.22 per unit of share for the period ending December 31, 2023.

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]]> https://nairametrics.com/2024/05/16/updc-reit-to-pay-n1-105-billion-final-dividend-for-2023/feed/ 0 489111 Shareholders of Berger Paints Nigeria approve N232 million dividend https://nairametrics.com/2024/05/15/shareholders-of-berger-paints-nigeria-approve-n232-million-dividend/ https://nairametrics.com/2024/05/15/shareholders-of-berger-paints-nigeria-approve-n232-million-dividend/#respond Wed, 15 May 2024 12:24:53 +0000 https://nairametrics.com/?p=489006 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.

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]]> https://nairametrics.com/2024/05/15/shareholders-of-berger-paints-nigeria-approve-n232-million-dividend/feed/ 0 489006 Seven bank CEOs earn N797 million in 2023 final dividend payout  https://nairametrics.com/2024/05/12/seven-bank-ceos-earn-n797-million-in-2023-final-dividend-payout/ https://nairametrics.com/2024/05/12/seven-bank-ceos-earn-n797-million-in-2023-final-dividend-payout/#respond Sun, 12 May 2024 06:12:32 +0000 https://nairametrics.com/?p=488650 Chief Executive Officers (CEOs) and Group CEOs of seven Nigerian banks will earn approximately N796.6 million in final dividends for 2023. 

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]]> https://nairametrics.com/2024/05/12/seven-bank-ceos-earn-n797-million-in-2023-final-dividend-payout/feed/ 0 488650 Shareholders endorse GTCO’s $750 million capital raising, N94.179 billion dividend for 2023 https://nairametrics.com/2024/05/10/shareholders-endorse-gtcos-750-million-capital-raising-n94-179-billion-dividend-for-2023/ https://nairametrics.com/2024/05/10/shareholders-endorse-gtcos-750-million-capital-raising-n94-179-billion-dividend-for-2023/#comments Fri, 10 May 2024 08:47:11 +0000 https://nairametrics.com/?p=488522 The shareholders endorsed the management’s N94.179 billion dividend payouts for the year ended December 31, 2023.

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]]> https://nairametrics.com/2024/05/10/shareholders-endorse-gtcos-750-million-capital-raising-n94-179-billion-dividend-for-2023/feed/ 1 488522 Zenith Bank pays shareholders N109.9 billion in final dividend for FY 2023  https://nairametrics.com/2024/05/08/zenith-bank-pays-shareholders-n109-9-billion-in-final-dividend-for-fy-2023/ https://nairametrics.com/2024/05/08/zenith-bank-pays-shareholders-n109-9-billion-in-final-dividend-for-fy-2023/#respond Wed, 08 May 2024 18:38:18 +0000 https://nairametrics.com/?p=488354 Zenith Bank has paid N109.9 billion in final dividend for the financial year (FY) 2023, representing a payment of N3.50 per ordinary share. The figure marks a 21% increase from N91 billion paid in final dividend for FY 2022. 

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]]> https://nairametrics.com/2024/05/08/zenith-bank-pays-shareholders-n109-9-billion-in-final-dividend-for-fy-2023/feed/ 0 488354 Shareholders urge SEC to address over N190 billion unclaimed dividend https://nairametrics.com/2024/05/08/shareholders-urge-sec-to-address-over-n190-billion-unclaimed-dividend/ https://nairametrics.com/2024/05/08/shareholders-urge-sec-to-address-over-n190-billion-unclaimed-dividend/#respond Wed, 08 May 2024 06:17:53 +0000 https://nairametrics.com/?p=488224 Shareholders under the aegis of the New Dimension Shareholders Association of Nigeria have called on the new Acting Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, to find a lasting solution to the rising wave of unclaimed dividends in the country.

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]]> https://nairametrics.com/2024/05/08/shareholders-urge-sec-to-address-over-n190-billion-unclaimed-dividend/feed/ 0 488224 Nigerian Stocks: List of Dividends announced in 2024 https://nairametrics.com/2024/05/07/nigerian-stocks-list-of-dividends-announced-in-2024/ https://nairametrics.com/2024/05/07/nigerian-stocks-list-of-dividends-announced-in-2024/#comments Tue, 07 May 2024 17:50:10 +0000 https://nairametrics.com/?p=478937 This is a list of Dividends announced so far in 2023 and their percentage yield.

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]]> https://nairametrics.com/2024/05/07/nigerian-stocks-list-of-dividends-announced-in-2024/feed/ 12 478937 Shareholders of Presco to get N26.3 billion dividend for FY’2023 https://nairametrics.com/2024/05/06/shareholders-of-presco-to-get-n26-3-billion-dividend-for-fy2023/ https://nairametrics.com/2024/05/06/shareholders-of-presco-to-get-n26-3-billion-dividend-for-fy2023/#respond Mon, 06 May 2024 10:22:11 +0000 https://nairametrics.com/?p=487983 Shareholders of Presco Plc will receive a total dividend of N26.300 billion for the financial year ended December 2023, representing a total dividend of N26.30 kobo per share declared by the Board of Directors of the company.

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]]> https://nairametrics.com/2024/05/06/shareholders-of-presco-to-get-n26-3-billion-dividend-for-fy2023/feed/ 0 487983 Seplat Energy Plc sets Naira exchange rate at N1,309.88/$ for 2023 dividend https://nairametrics.com/2024/05/03/seplat-energy-plc-sets-naira-exchange-rate-at-n1309-88-for-2023-dividend/ https://nairametrics.com/2024/05/03/seplat-energy-plc-sets-naira-exchange-rate-at-n1309-88-for-2023-dividend/#respond Fri, 03 May 2024 04:49:53 +0000 https://nairametrics.com/?p=487698 Seplat Energy Plc declares N1.309.88/$1 as applicable currency exchange rate for 2023 dividend payout

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]]> https://nairametrics.com/2024/05/03/seplat-energy-plc-sets-naira-exchange-rate-at-n1309-88-for-2023-dividend/feed/ 0 487698 FCMB Group to pay N9.901 billion dividend to shareholders for FY 2023  https://nairametrics.com/2024/05/02/fcmb-group-to-pay-n9-901-billion-dividend-to-shareholders-for-fy-2023/ https://nairametrics.com/2024/05/02/fcmb-group-to-pay-n9-901-billion-dividend-to-shareholders-for-fy-2023/#respond Thu, 02 May 2024 17:06:12 +0000 https://nairametrics.com/?p=487676 Shareholders of FCMB Group Plc will receive a total dividend of N9.901 billion for the financial year ending December 2023, representing a reward of 50 kobo for each share held.

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]]> https://nairametrics.com/2024/05/02/fcmb-group-to-pay-n9-901-billion-dividend-to-shareholders-for-fy-2023/feed/ 0 487676