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Dangote Cement Plc issues notice of 12th AGM

Sunday, 25 April 2021, 2:35 pm
in Business, Companies
0
Dangote Cement Plc announces date of Board meeting to consider 2020 accounts
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Dangote Cement Plc has issued a notice for the company’s 12th Annual General Meeting. The meeting will be held on Wednesday, 26th May 2021 at Eko Hotel and Suites, Victoria Island, Lagos at 11:00am.

The company’s audited financial statements for the year ended 31 December 2020 and the reports of directors will be received at the meeting.

Also, there will be a declaration of dividend at the meeting. The Board of Directors of Dangote Cement Plc recommended a N16 dividend for the 2020 financial year with the qualification date set as 27th April 2021.

  • Read also: Transcorp Profit after tax in Q1 2021 increase by 2,426% – Investments yielding fruits
  • African Prudential reports N0.38 Billion Profit After Tax in Q1 2021, 12% up YoY

If approved the recommended dividend is approved by the shareholders at the AGM, dividends will be paid on 27 May 2021 to the shareholders whose names appear are on the Register of Members as at 27 April 2021.

Shareholders who are yet to complete e-dividend registration are advised to do so. The company’s registrar is Coronation Registrars Ltd. The e-dividend mandate form can be downloaded or filled online on the registrar’s website or SEC’s website and on the Securities and Exchange Commission (SEC) website.

The equity price of Dangote Cement Plc has been flat at N220.00 per share since 16 April 2021. YTD the share price is down by 10.17%.

Ifunanya Ikueze
Ifunanya Ikueze

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

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