Quoted firms release AGM, dividend payment dates

Nigerian-Stock-Exchange-(1)As a move to create widespread public awareness for the Annual General Meetings (AGM) and dividend payment dates and thus make investors to be on the lookout for the receipt of their dividends, the Nigerian Stock Exchange has released the dates of the AGMs of listed firms and when they are also expected to pay their dividends to shareholders, whose names appeared in the companies’ registers.

Among the firms that appeared in the NSE website are: Vitafoam Nigeria Plc, which declared 25 Kobo per ordinary share of 50 Kobo and closed its register of shareholders on March 19, 2016. The payment date of dividend was March 14, 2016.

Forte Oil Plc declared a dividend of 345 Kobo per ordinary share of 50 Kobo. It shall close its register of shareholders from April 18 to 21, 2015; and its Annual General Meeting (AGM) is scheduled to take place on April 22. Dividend payment date is April 29, 2016.

Nigerian Breweries Plc declared a dividend of 360 Kobo per ordinary share of 50 Kobo. It closed its register of shareholders on March 9, 2016. Annual General Meeting is slated for May 11, 2016; and dividend payment date is May 12, 2016.

Greif Nigeria Plc declared a dividend of 60 Kobo per ordinary share of 50 Kobo; it closed its register of shareholders on March 24. Its AGM is holding on April 28, 2016; and dividend payment date is May 6, 2016.

Dangote Cement Plc declared a dividend of 800 Kobo per ordinary share of 50 Kobo. The closure of register is from April 11 to 15, 2016; and its AGM is scheduled to hold on April 19. Dividend payment date is April 21.

African Prudential Registrars Plc declared 43 Kobo per ordinary share of 50 Kobo. Its register of shareholders closed on March 29, and AGM takes place on April 12, 2016. Dividend payment date is April 13, 2016.

Wapic Insurance Plc, which declared 3 Kobo per ordinary share of 50 Kobo, closed its register of shareholders on March 23, 2016. Its AGM takes place on April 5, 2016 and dividend is to be paid same date.

Guaranty Trust Bank (GTB) Plc declared a final dividend of 152 Kobo. It closed register of shareholders on March 29, 2016. AGM date is April 5, and dividend payment date is same date.

United Bank for Africa (UBA) Plc declared 40 Kobo per ordinary share of Kobo, its register of shareholders closes from March 30 to April 5. AGM takes place on April 8, 2016 and dividend payment date is April 12, 2016.

Zenith Bank Plc declared a dividend of 155 Kobo per ordinary share of 50 Kobo, its register of shareholders closed March 29, 2016; and dividend payment date is April 6, 2016.

Nestle Nigeria Plc declared a dividend of 1,900 Kobo per ordinary share of 50 Kobo. Its register is to close from May 9 and 13. The AGM is taking place on May 23, 20016; and dividend payment date is May 24, 2016.

GlaxoSmithkline Plc declared 30 Kobo per ordinary share of 50 Kobo. Closure of register is May 25, AGM takes place on June 23 and dividend payment date is June 24, 2016.

AXA Mansard Insurance Plc declared 2 Kobo per ordinary share of 50 Kobo. Its register of shareholder members shall close on April29, AGM takes place on May 13 and dividend is to be paid that same date.

Access Bank Plc declared 30 Kobo per ordinary share of 50 Kobo. Register of members of shareholders shall close on April 13, AGM is April 27 and dividend payment is the same date.

Dangote Sugar Refinery Plc declared 50 Kobo per ordinary share of Kobo. Closure of shareholders’ register is from April 4 and 8; AGM takes place on April 20 the same date that payment of dividend will be made.

United Capital Plc declared 35 Kobo per ordinary share off 50 Kobo. Closure of register of members of shareholders will be on March 31, AGM is April 14 and dividend date is April 18, 2016.

Ashaka Cement Plc declared 15 Kobo per ordinary share of 50 Kobo. Its register of shareholder members shall close for dividend payment on April 26, AGM is May 10 and dividend payment date is May 11, 2016.

Lafarge Africa Plc declared a dividend of 300 Kobo per ordinary share of 50 Kobo in addition to a bonus issue of one new ordinary share for every 10 shares previously held. Closure of register of members of shareholders for the purpose of dividend payment is April 25; AGM is May 12 the same date that dividend will be paid.

Sterling Bank Plc declared a dividend of 9 Kobo per ordinary share of 50 Kobo. Closure of register of members of shareholders is April 4, AGM date is April 19 the same date that dividend will be paid.



1 Comment
  • land37_akanbi17

    JUDGING FROM THE DICTATES OF THE ECONOMY, DIVIDENDS DECLARED SO FAR ARE RELATIVELY IN LINE WITH THE PREVAILING ECONOMY. THE 2016 ANNUAL REPORT SHOULD BRING BETTER YIELD THAN THE PRESENT DIVIDEND PAYOUT. SHAREHOLDERS ARE CURIOUSLY WAITING FOR MORE DIVIDEND DECLARATION AND BONUS ISSUES SOON FROM MORE COMPANIES.

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