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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

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    Onitsha River Port receives first container barge for 2025 season

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    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

    Festus Keyamo – Our Plans for the Murtala Mohammed International Airport Lagos

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    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    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

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    GTBank gets ₦365.85 billion capital injection, meets new minimum capital requirement

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    List of Dividends announced in 2025, qualification and payment dates

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    DMO offers N300 billion FGN bond for auction in May

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The Okomu Oil Palm Company Plc to reward its shareholders with N8.00 dividend

Saturday, 9 April 2022, 11:24 am
in Business, Companies, Markets, Stocks/Equities
0
The Okomu Oil Palm Company Plc to reward its shareholders with N8.00 dividend
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Shareholders of The Okomu Oil Palm Company Plc (NGX: OKOMUOIL) will receive N8.00 dividend for the financial year ended 31st December 2021.

The proposed dividend is per 50 kobo ordinary share, and 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 22nd April, 2022 will receive the dividend.

Read also; Shareholders of Unilever Nigeria Plc to receive 50 kobo dividend for 2021 FY

At the current share price of OKOMUOIL, the dividend yield will be 5.63% before withholding tax and 5.07% after withholding tax.

On 25th May 2022, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 22nd April 2022, 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 by proxy in line with the Guidelines of the Corporate Affairs Commission as well as the Covid-19 pandemic safety protocols at Harbour Point Event Centre, 4 Wilmot Point Road, Victoria Island, Lagos on the 25t of May 2022 at 11:00am.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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