Nigerian Breweries Plc has announced a interim dividend of 40 kobo per ordinary share of 50 kobo each, subject to the deduction of the appropriate withholding tax for the nine months period ended September 30, 2022.
The qualification date for the dividend is 23rd November, 2022..
The dividend which amounts to ₦3,288,362,361 will be paid on 1st December, 2022, electronically to shareholders whose names appear on the Register of Members as at 23rd November, 2022, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.
Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form.
Nigerian Breweries Plc’s registrar is First Registrars Nigeria. The e-dividend form is available on the Registrar’s website and the Securities and Exchange Commission (SEC) website.
- Read also: List of Dividends announced in 2022, qualification and payment dates
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For 2021 financial year, the company paid a total dividend of ₦12,921,331,039 (twelve billion, nine hundred and twenty one million, three hundred and thirty one thousand, thirty nine Naira only) that is, 160 (one hundred and sixty) Kobo only per ordinary share of Fifty (50) kobo each.
The 2021 financial year total dividend is comprised of an interim dividend of N3,230,332,760 (three billion, two hundred and thirty million, three hundred and thirty two thousand, seven hundred and sixty Naira only), that is, 40 (forty) Kobo per share which was declared in October 2021.
In the first nine months of this year, NB grew its revenue by 27.2% to N389.45 billion from N309.22 billion recorded in September 2021. Similarly, the profit after tax rose by 79.6% to N14.76 billion in 2022 from N8.69 billion reported in September2021.
On Friday, the share price closed flat at N41.85 per share on the floor of the Nigerian Exchange.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
