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    Israel and Iran agree on ceasefire – Trump

    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

    US military strikes Iran

    US military strikes Iran

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    Yahoo boys launder money for ‘politically exposed persons’ – EFCC boss

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    Trump bans citizens of 12 countries from entering the U.S, full list

    France launches mandatory online visa appointments for travelers

    France launches mandatory online visa appointments for travelers

    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

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    • Africa
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    • All
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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

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

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

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    MTN Nigeria to pay over N200 billion final dividend for 2022

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    List of Dividends announced in 2024, qualification and payment dates

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    Legend Internet Plc reports N32.9 million profit for Q1 2025

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    New hope for Naira fixed income savers?

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    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

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Presco Plc to pay N2.0 billion interim dividend for nine months 2022

Wednesday, 2 November 2022, 3:54 pm
in Markets, Stocks/Equities
0
The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022
Share Share Share Share Send as Email

The Board of Directors of Presco Plc (NSE: PRESCO) proposed N2.00 (two naira) interim dividend per 50 kobo ordinary share for the financial year ended nine months ended September 30, 2022.

The company paid a interim dividend of N1.00 and a final dividend of N6.60 for the 2021 financial year.

The proposed dividend which amounts to N2.0 billion is subject to appropriate withholding tax.

The dividend will be paid to shareholders whose names appear in the Register of Members as at the close of business on November 21, 2022 according to the filing with the Nigerian Exchange.

The dividend will be paid electronically on November 25, 2022 to qualified shareholders who have completed the e-dividend registration and mandated the registrar to pay their dividends directly into their bank accounts.

  • Read also:  List of Dividends announced in 2022, qualification and payment dates
  • List of Dividends announced in 2021, qualification and payment dates

Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s e- dividend mandate activation form which is available on the website.

The registrar for Presco Plc is first Registrars Nigeria. The form is available on the Registrars website and on Securities and Exchange Commission (SEC) website.

The equity price of Presco Plc has closed flat at N128.35 since October 6, 2022.  YTD the share price is up 46.18%.

Presco PLC was incorporated on 24th September 1991 and was listed on the Nigerian Stock Exchange on 10th October 2002.

The principal activities of the company are the development of oil palm plantations, palm oil milling, palm oil processing and vegetable oil refining. The products of the company are: refined bleached and deodorized palm oil, palm olein, palm stearin, palm fatty acid distillate, palm kernel oil (crude and refined) and palm kernel cake.

Ifunanya Ikueze
Ifunanya Ikueze

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

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