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    Israel and Iran agree on ceasefire – Trump

    Breaking: Iran launches missiles at US bases in the Middle East

    Breaking: Iran launches missiles at US bases in the Middle East

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    France launches mandatory online visa appointments for travelers

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    Federal Government declares June 6 and 9 public holidays

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    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

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    FG increases private university application fee from N5m to N25m

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    United States scraps visa dropbox service for Nigerian applicants

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    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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Beta Glass Plc shareholders approve N519.97 million dividend for 2020

Monday, 5 July 2021, 6:00 pm
in Markets, Stocks/Equities
0
Jaiz Bank Plc Board of Directors propose over N830 mn as dividend for 2020
Share Share Share Share Send as Email

Beta Glass Plc shareholders have approved the payment of the N1.04 per share final dividend as proposed by the Board of Directors of the company for the year ended 31 December 2020.

The approval was given at the company’s 47th Annual General Meeting held on Thursday July 1, 2021 at 12:00 noon.

The dividend which amounts to a total of N519.97 million was paid to shareholders registered in the Company’s Books as at the close of business on June 10, 2021.

The payment was made on Friday 2nd July 2021 to shareholders who have completed the e-dividend registration and mandated the Registrar – Cardinal Stone Registrars, to pay their dividends directly into their bank accounts.

Shareholders who are yet to complete the e-dividend registration can download the Registrars E-dividend activation form from the registrar’s website or on the Securities and Exchange Commission (SEC) website. complete and submit to the registrar or their respective banks.

In 2020, Beta Glass Plc reported a decline in revenue to N25.64 billion from N29.41 billion in 2019. Similarly, the profit after taxation decreased to N3.47 billion from N5.58 billion in 2019.

Read also: List of Dividends announced in 2021, qualification and payment dates

About Beta Glass Plc

Beta Glass Plc manufactures, distributes and sells glass bottles and containers for the leading soft drinks, breweries, wine and spirit, pharmaceutical, foods and cosmetics companies.

The company has manufacturing plants in Agbara Ogun State and in Ughelli Delta State. Beta Glass Plc exports to five countries namely: Cameroun, Ghana, Liberia, Sierra-leone and Guinea.

The company is a public limited company, which is listed on the Nigerian Exchange and incorporated and domiciled in Nigeria. The address of its registered office is Iddo House, Iddo, Lagos State, Nigeria. P.O. Box 159.

Beta Glass Plc is a subsidiary of Frigoglass Industries Nigeria Limited (the parent company) which holds 61.9% of the ordinary shares of the Company. The ultimate controlling party is Frigoglass S.A.I.C, Athens.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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