Shareholders of The Okomu Oil Palm Company Plc (NGX: OKOMUOIL) will receive N12.00 final dividend per 50 kobo ordinary share for the financial year ended 31st December 2022.
The proposed dividend is subject to appropriate withholding tax and approval of shareholders at the next Annual General Meeting.
Shareholders who holds the share of the company as the close of trading on 24th April, 2023 will receive the dividend.
Read also; List of Dividends announced in 2023, qualification and payment dates
At the current share price of OKOMUOIL, N169.5 per share, the dividend yield will be 7.08% before withholding tax.
On 25th May 2023, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 24th April 2023, and have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into Bank accounts.
Shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E Dividend Mandate Activation Form, which is also available on the website of the Registrars: www.cardinalstoneregistrars.com, complete and submit to the Registrar or their respective Banks.
Shareholders with dividend warrants and share certificates that have remained unclaimed, or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar.
The Company’s Annual General Meeting will be held on the 25th of May 2023 at 11:00am.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
