NPF Microfinance Bank to raise fresh fund, pays N114.3m dividend
Nigeria Police Force (NPF) Microfinance Bank (MFB) Plc has announced plans to raise additional funds from the capital market to boost its working capital.
Shareholders okay Red Star Express N253m dividend
Shareholders of Red Star Express Plc have approved a dividend of N253 million, totalling 43 kobo for every 50 kobo per share, due to every investor of the company for the 2018 financial year.
WAICA Re’s investors to get $2.5 million dividend
WAICA Re has unveiled plans to offer $2.5 million dividend to investors, as the company grew its profit before tax for the financial year ended December 31, 2017, by 28 per cent. The Chairman, of the company, Kofi Duffuor, who disclosed this at the fifth yearly general meeting in Lagos, noted that in 2017 financial…
Dangote pays 90% of net profit as dividend, invests N85.6 billion
For increasing investors’ value on investment through dividend payout and adherence to corporate governance principles, shareholders of Dangote cement Plc, yesterday commended the company’s board for its 2017 performance, as they approve a dividend of N10.50 per 50 kobo share for the 2017 financial year. This dividend represents 90 per cent of net profit and…
PAL Pensions approves dividend payment, re-elects directors
The shareholders of Pensions Alliance Limited (PAL Pensions) has approved the proposal by the company’s management for the distribution of profits through a dividend of 70 kobo per share held.
FSDH posts N3 billion profit in 2014, recommends N748 million dividend
FSDH Merchant Bank Limited has posted a profit after tax of N3 billion for the 2014 financial year, against N2.62 billion achieved in the previous year. Besides, directors of the company are recommending the sum of N747.62 million dividend, culminating to 26.75 kobo per share due to every shareholder of the company. Specifically, the bank’s…