Mcnichols Consolidated Plc has announced a final dividend of 3 kobo per share and a share bonus of six (6) new shares for every five (5) previously held by shareholders for the year ended 31 December 2021.
The dividend with a qualification date of June 30, 2022 is subject to appropriate withholding tax and approval at the company’s next Annual General Meeting.
The AGM will be held on July 28, 2022. If approved the dividend will on August 4, be paid electronically to qualified shareholders who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank account.
Read also: List of Dividends announced in 2022, qualification and payment dates
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 the Securities and Exchange Commission (SEC) website.
MCnichols was the highest gainer on the Nigerian Exchange last week, ended May 13, 2022 as the share price rose 59.52%. It has gained 9.70% on Monday, at the time of writing this report.
Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, complete and submit it to the Registrar or their respective Banks.
Mcnichols Plc is into the business of Processing and Packaging of Food and Beverage Products.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.