Unilever Nigeria Plc (NGX: UNILEVER) will pay a final dividend of 75 kobo gross for every ordinary share of 50k each for the full year period ended 31 December, 2023.
Also read; List of Dividends announced in 2024, qualification and payment dates
The dividend is subject to appropriate withholding tax and approval of shareholders.
Unilever declared and paid a dividend of 25 kobo to shareholders for the 2022 financial year.
The share price of Unilever added 75 kobo on Wednesday to close trading at ₦17.50, thus putting its dividend yield at 4.28%.
Qualification date for the dividend is set as Friday 26 April, 2024. On Friday 10 May, 2024, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Friday 26, April 2024 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their 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.greenwichregistrars.com, complete and submit to the Registrar or their respective Banks.
The Company’s Annual General Meeting will be held at the Grand Banquet Hall, Civic Centre, Victoria Island, Lagos on Thursday 9 May 2024 at 10.00am.
Unilever posted a profit of ₦8.43 billion for the year (2022: ₦4.46 billion) and an Earning per Share of ₦1.47 (2022: ₦0.78).
About the Company
Unilever Nigeria Plc is incorporated in Nigeria as a public limited liability company under the Companies and Allied Matters Act 2020 (CAMA2020) and is domiciled in Nigeria.
The parent company of Unilever Nigeria Plc is Unilever Overseas Holdings B.V which holds 75.96% of the share capital of the company.
The Company is principally involved in the manufacture and marketing of Foods, Home care and Beauty and personal care products. It has manufacturing sites in Oregun, Lagos State and Agbara, Ogun State.
Nnamdi Maduakor is a Writer, Investor and Entrepreneur
