Nigerian Breweries Plc has published the list of shareholders with unclaimed dividends in the company.
According to Nigerian Breweries, the 1,945 page document published on the company website “is in lieu of publishing it in newspapers due to the high number of names involved.”
Shareholders whose names appear on the list are advised to contact the company registrar, First Registrars & Investor Services Limited at No 2 Abebe Village Road, Iganmu, Lagos State or via the e-mail address: firstname.lastname@example.org or email@example.com with a view to claiming the dividends.
Nigerian Breweries Plc has consistently paid dividend to shareholders since 2014. The equity price has closed flat at N50.10 per share since 12 April 2021.
A final dividend of 69kobo was proposed by the directors of the company for the year 2020. This is a 37.8% decline from the 151kobo it paid in 2019. The company had paid an interim dividend of 25kobo, also 50% down from the 50kobo interim dividend it paid in 2019.
Nigerian Breweries Plc reported a steep decline in profit for 2020 accounting year, for the period ended 31 December 2020.
Revenue rose by 4.3% to N337.001 billion from N323.00 billion recorded in 2019.
Profit for the year slumped by 54.3% to N7.37 billion in 2020 from N16.11 billion in 2019.
Similarly, earnings per share slumped by 54.2% to 92kobo in 2020 from 210kobo in 2019.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.