Shareholders of Africa Prudential Plc have commended the board and management of the share registration company for sustaining its growth over the years, despite challenges in the operating environment. At the annual general meeting in Lagos, shareholders approved the payment of N1 billion as cash dividend for the 2018 business year, representing a dividend per […] …
Shareholders
Shareholders to access N100b unclaimed dividends
Shareholders can now reclaim their unclaimed dividends within two days of providing their validated bank account to the company registrar. Th value of unclaimed dividend is estimated to be in the region of N100 billion. In a major move to tackle the menace of unclaimed dividends headlong, Nigeria’s apex capital market regulator, Securities and Exchange […] …
Shareholders approve Flour Mills external restructuring, merging of five subsidiaries
Shareholders of Flour Mills, FMN Plc have endorsed proposal of the Board of Directors to restructuring programme which involves the merging of the company’s five subsidiaries with its holding company under a Scheme of External Restructuring.
Continue reading Shareholders approve Flour Mills external restructuring, merging of five subsidiaries at Vanguard News Nigeria. …
Nigerian Breweries to pay N19.4b net profit to shareholders
The board of directors of Nigerian Breweries Plc has recommended payment of the entire net profit of N19.4 billion recorded in 2018 as cash dividend to shareholders for the business year, despite the decline in the company’s performance. Shareholders will receive final dividend of N14.6 billion in addition to N4.8 billion earlier paid by the […] …
eTranzact gets shareholders’ nod to raise authorised share capital to N9.1bn
Continental Re: Shareholders kick against plans to buy-out retail investors
AHEAD of a proposed court ordered meeting to ratify move to sell outstanding and issued shares of Continental Reinsurance Plc, some shareholders of the company have kicked against plan by its Board of Directors to buyout the retail investors.
Continue reading Continental Re: Shareholders kick against plans to buy-out retail investors at Vanguard News Nigeria. …
After keying into e-dividend we still get dividend warrants – Shareholders
Some of our shareholders still get dividend warrants from Registrars after they have mandated to the e-dividend platform. Even I, an active player in the capital market that has also keyed into this e-dividend platform still get dividend warrants after several months that I have registered all my shares in the e-dividend platform. The regulators should keep monitoring the registrars because some of them are understaffed and lack some facilities that would facilitate the processing of this e-dividend.
Continue reading After keying into e-dividend we still get dividend warrants – Shareholders at Vanguard News Nigeria. …
E-dividend, shareholders’ fear, Registrars’ attitude
The move by the Securities and Exchange Commission, SEC, to reduce the huge unclaimed dividend estimated at over N60 billion in the nation’s capital market at the shortest period may not be realised given the several complaints by shareholders over the attitude of registrars in the implementation of the electronic, e- dividend mandate.
Continue reading E-dividend, shareholders’ fear, Registrars’ attitude at Vanguard News Nigeria. …
Fidson shareholders approve N300m dividend, applauds impressive results
SHAREHOLDERS of Fidson Healthcare Plc have unanimously approved the dividend payout of N300 million for the year ended 31 December 2017, representing 20 kobo per ordinary share of 50 kobo. At the 19th Annual General […]
The post Fidson shareholders approve N300m dividend, applauds impressive results appeared first on Tribune. …
Eko Hospital eyes dividend payment to shareholders
The interim management of Eko hospital has said the success recorded from its transformation programme has put the hospital in a position where it can pay dividends to its shareholders. It said the six month duration given to it by the board which started in March, was largely focused on laying a foundation for theRead More
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