Dividends Archives - Nairametrics https://nairametrics.com/category/market-news/equities/dividends/ Destination for Business news and analysis from Africa's largest economy Wed, 14 Aug 2024 14:51:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Dividends Archives - Nairametrics https://nairametrics.com/category/market-news/equities/dividends/ 32 32 201037849 Seplat to pay N28 billion in interim dividends for second quarter of 2024  https://nairametrics.com/2024/08/13/seplat-to-pay-n28-billion-in-interim-dividends-for-second-quarter-of-2024/ https://nairametrics.com/2024/08/13/seplat-to-pay-n28-billion-in-interim-dividends-for-second-quarter-of-2024/#respond Tue, 13 Aug 2024 18:11:06 +0000 https://nairametrics.com/?p=495728 Seplat Energy Plc will pay N28 billion in interim dividends to its shareholders for the second quarter of 2024. 

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]]> https://nairametrics.com/2024/08/13/seplat-to-pay-n28-billion-in-interim-dividends-for-second-quarter-of-2024/feed/ 0 495728 Custodian Investment to pay 15 kobo in dividend to shareholders, registration deadline announced  https://nairametrics.com/2024/08/12/custodian-investment-to-pay-15-kobo-in-dividend-to-shareholders-registration-deadline-announced/ https://nairametrics.com/2024/08/12/custodian-investment-to-pay-15-kobo-in-dividend-to-shareholders-registration-deadline-announced/#respond Mon, 12 Aug 2024 07:53:49 +0000 https://nairametrics.com/?p=495616 Custodian Investment PLC announced the date it expects shareholder names to appear in its books in August. 

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]]> https://nairametrics.com/2024/08/12/custodian-investment-to-pay-15-kobo-in-dividend-to-shareholders-registration-deadline-announced/feed/ 0 495616 Prestige Assurance approves dividend payments for 2024, selects two external auditing companies  https://nairametrics.com/2024/08/10/prestige-assurance-approves-dividend-payments-for-2024-selects-two-external-auditing-companies/ https://nairametrics.com/2024/08/10/prestige-assurance-approves-dividend-payments-for-2024-selects-two-external-auditing-companies/#respond Sat, 10 Aug 2024 10:02:14 +0000 https://nairametrics.com/?p=495557 Prestige Assurance held its Annual General Meeting (AGN) on August 8, 2024, to make resolutions needed in the company for the rest of the year. 

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]]> https://nairametrics.com/2024/08/10/prestige-assurance-approves-dividend-payments-for-2024-selects-two-external-auditing-companies/feed/ 0 495557 Transcorp Power to distribute N34.7 billion dividend in under six months of listing  https://nairametrics.com/2024/07/26/transcorp-power-to-distribute-n34-7-billion-dividend-in-under-six-months-of-listing/ https://nairametrics.com/2024/07/26/transcorp-power-to-distribute-n34-7-billion-dividend-in-under-six-months-of-listing/#respond Fri, 26 Jul 2024 11:20:04 +0000 https://nairametrics.com/?p=494445 Transcorp Power, which listed on the NGX on March 4 will distribute a total dividend of N34.7 billion. This includes a final dividend of N24.5 billion for the fiscal year 2023 and an interim dividend of N11.25 billion for the first half of 2024.    

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]]> https://nairametrics.com/2024/07/26/transcorp-power-to-distribute-n34-7-billion-dividend-in-under-six-months-of-listing/feed/ 0 494445 Ranking Nigerian Banks that have declared the most dividend in 5 years https://nairametrics.com/2024/07/23/ranking-nigerian-banks-that-have-declared-the-most-dividend-in-5-years/ https://nairametrics.com/2024/07/23/ranking-nigerian-banks-that-have-declared-the-most-dividend-in-5-years/#respond Tue, 23 Jul 2024 05:36:40 +0000 https://nairametrics.com/?p=494121 The Nigerian banking industry is one of the most lucrative business sectors in the economy, playing a pivotal role in driving growth and development in Nigeria’s economic landscape.  

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]]> https://nairametrics.com/2024/07/23/ranking-nigerian-banks-that-have-declared-the-most-dividend-in-5-years/feed/ 0 494121 Nigerian Stocks: List of Dividends announced in 2024 https://nairametrics.com/2024/07/22/nigerian-stocks-list-of-dividends-announced-in-2024/ https://nairametrics.com/2024/07/22/nigerian-stocks-list-of-dividends-announced-in-2024/#comments Mon, 22 Jul 2024 11:00:10 +0000 https://nairametrics.com/?p=478937 This is a list of Dividends announced so far in 2023 and their percentage yield.

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]]> https://nairametrics.com/2024/07/22/nigerian-stocks-list-of-dividends-announced-in-2024/feed/ 12 478937 United Capital tops the week’s gainers with 42.78%, as investors position for interim dividends   https://nairametrics.com/2024/07/21/united-capital-tops-the-weeks-gainers-with-42-78-as-investors-position-for-interim-dividends/ https://nairametrics.com/2024/07/21/united-capital-tops-the-weeks-gainers-with-42-78-as-investors-position-for-interim-dividends/#respond Sun, 21 Jul 2024 07:44:07 +0000 https://nairametrics.com/?p=493979 United Capital Plc was the top gainer in the NGX for the week ending July 19, 2024, with its share price appreciating by 42.78% to close the week at N40.55.  

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]]> https://nairametrics.com/2024/07/21/united-capital-tops-the-weeks-gainers-with-42-78-as-investors-position-for-interim-dividends/feed/ 0 493979 United Capital posts 63% profit growth in 2024 half-year, to distribute N5.4 billion interim dividends https://nairametrics.com/2024/07/18/united-capital-posts-63-profit-growth-in-2024-half-year-to-distribute-n5-4-billion-interim-dividends/ https://nairametrics.com/2024/07/18/united-capital-posts-63-profit-growth-in-2024-half-year-to-distribute-n5-4-billion-interim-dividends/#respond Thu, 18 Jul 2024 16:19:42 +0000 https://nairametrics.com/?p=493776 United Capital Plc recorded a pre-tax profit of N9.06 billion in the first half of 2024, marking a 63% year-on-year growth from the N5.54 billion posted in the corresponding period in 2023.

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]]> https://nairametrics.com/2024/07/18/united-capital-posts-63-profit-growth-in-2024-half-year-to-distribute-n5-4-billion-interim-dividends/feed/ 0 493776 Top Nigerian insurance firms pay N40.439 billion in claims in Q1 2024  https://nairametrics.com/2024/07/17/top-nigerian-insurance-firms-pay-n40-439-billion-in-claims-in-q1-2024/ https://nairametrics.com/2024/07/17/top-nigerian-insurance-firms-pay-n40-439-billion-in-claims-in-q1-2024/#respond Wed, 17 Jul 2024 05:18:12 +0000 https://nairametrics.com/?p=493594 Leading insurance companies in Nigeria disbursed N40.439 billion in claims during the first quarter of 2024, compared to N33.869 billion in the same period of 2023, reflecting a growth of 19.40%.  

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]]> https://nairametrics.com/2024/07/17/top-nigerian-insurance-firms-pay-n40-439-billion-in-claims-in-q1-2024/feed/ 0 493594 AXA Mansard to pay shareholders total dividend of N3.6 billion for FY 2023  https://nairametrics.com/2024/07/16/axa-mansard-to-pay-shareholders-total-dividend-of-n3-6-billion-for-fy-2023/ https://nairametrics.com/2024/07/16/axa-mansard-to-pay-shareholders-total-dividend-of-n3-6-billion-for-fy-2023/#respond Tue, 16 Jul 2024 09:24:19 +0000 https://nairametrics.com/?p=493503 Shareholders of AXA Mansard Plc will receive a total dividend of N3.6 billion for the financial year ended December 2023, representing a total dividend of 40 kobo per share declared by the group. 

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]]> https://nairametrics.com/2024/07/16/axa-mansard-to-pay-shareholders-total-dividend-of-n3-6-billion-for-fy-2023/feed/ 0 493503 Electric cable maker, Cutix Plc, to pay N528.4 million in dividends for FY 2023/2024 https://nairametrics.com/2024/07/12/electric-cable-maker-cutix-plc-to-pay-n528-4-million-in-dividends-for-fy-2023-2024/ https://nairametrics.com/2024/07/12/electric-cable-maker-cutix-plc-to-pay-n528-4-million-in-dividends-for-fy-2023-2024/#respond Fri, 12 Jul 2024 13:50:46 +0000 https://nairametrics.com/?p=493204 Cutix Plc, the electric cable maker will pay N528.4 million in dividends for the financial year ended April 30, 2024.

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]]> https://nairametrics.com/2024/07/12/electric-cable-maker-cutix-plc-to-pay-n528-4-million-in-dividends-for-fy-2023-2024/feed/ 0 493204 NEM Insurance shareholders approve N3.009 billion dividend for 2023 https://nairametrics.com/2024/07/05/nem-insurance-shareholders-approve-n3-009-billion-dividend-for-2023/ https://nairametrics.com/2024/07/05/nem-insurance-shareholders-approve-n3-009-billion-dividend-for-2023/#respond Fri, 05 Jul 2024 10:52:48 +0000 https://nairametrics.com/?p=492627 Shareholders of NEM Insurance Plc have approved a dividend of N3.009 billion dividend recommended by the Board of Directors for the 2023 financial year.

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]]> https://nairametrics.com/2024/07/05/nem-insurance-shareholders-approve-n3-009-billion-dividend-for-2023/feed/ 0 492627 Conoil grows profit by 99% to N9.9 billion in 2023, to pay N2.43 billion dividends    https://nairametrics.com/2024/07/02/conoil-grows-profit-by-99-to-n9-9-billion-in-2023-to-pay-n2-43-billion-dividends/ https://nairametrics.com/2024/07/02/conoil-grows-profit-by-99-to-n9-9-billion-in-2023-to-pay-n2-43-billion-dividends/#respond Tue, 02 Jul 2024 15:46:13 +0000 https://nairametrics.com/?p=492409 Conoil Plc has recorded a 99% growth in its profit after tax to N9.87 billion in 2023, from N4.96 billion as of FY 2022.

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]]> https://nairametrics.com/2024/07/02/conoil-grows-profit-by-99-to-n9-9-billion-in-2023-to-pay-n2-43-billion-dividends/feed/ 0 492409 Industrial & Medical Gases shareholders approve N249 million dividend https://nairametrics.com/2024/07/02/industrial-medical-gases-shareholders-approve-n249-million-dividend/ https://nairametrics.com/2024/07/02/industrial-medical-gases-shareholders-approve-n249-million-dividend/#respond Tue, 02 Jul 2024 14:49:18 +0000 https://nairametrics.com/?p=492398 Shareholders of Industrial & Medical Gases (IMG) Nigeria Plc, have approved the payment of N249 million declared by the board of the directors of company.

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]]> https://nairametrics.com/2024/07/02/industrial-medical-gases-shareholders-approve-n249-million-dividend/feed/ 0 492398 Nigerian Stocks with the best dividend yield 2024 https://nairametrics.com/2024/07/01/nigerian-stocks-with-the-best-dividend-yield-2024/ https://nairametrics.com/2024/07/01/nigerian-stocks-with-the-best-dividend-yield-2024/#comments Mon, 01 Jul 2024 09:17:46 +0000 https://nairametrics.com/?p=492303 About 58 companies on the NGX have either distributed or plan to distribute dividends based on their 2023 returns.

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]]> https://nairametrics.com/2024/07/01/nigerian-stocks-with-the-best-dividend-yield-2024/feed/ 1 492303 United Capital considers first-ever interim dividend and bonus in Q2’2024 https://nairametrics.com/2024/06/27/united-capital-considers-first-ever-interim-dividend-and-bonus-in-q22024/ https://nairametrics.com/2024/06/27/united-capital-considers-first-ever-interim-dividend-and-bonus-in-q22024/#respond Thu, 27 Jun 2024 15:24:45 +0000 https://nairametrics.com/?p=492124 The Board of United Capital Plc will review the Company’s Unaudited Financial Statements for the quarter ending June 30, 2024, along with a consideration for an interim dividend and bonus issuance during its upcoming board meeting.

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]]> https://nairametrics.com/2024/06/27/united-capital-considers-first-ever-interim-dividend-and-bonus-in-q22024/feed/ 0 492124 Digital capital market will drive $1 trillion economy target, resolve unclaimed dividends in Nigeria7- SEC   https://nairametrics.com/2024/06/26/digital-capital-market-will-drive-1-trillion-economy-target-resolve-unclaimed-dividends-in-nigeria7-sec/ https://nairametrics.com/2024/06/26/digital-capital-market-will-drive-1-trillion-economy-target-resolve-unclaimed-dividends-in-nigeria7-sec/#respond Wed, 26 Jun 2024 18:42:47 +0000 https://nairametrics.com/?p=492068 The Securities and Exchange Commission (SEC) has said that the digitisation of the capital market will be instrumental in establishing new standards for capital raising in Nigeria. According to the SEC, this initiative is expected to significantly contribute to the current administration’s goal of achieving a US$1 trillion economy. The Director-General of SEC, Dr. Emomotimi […]

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]]> https://nairametrics.com/2024/06/26/digital-capital-market-will-drive-1-trillion-economy-target-resolve-unclaimed-dividends-in-nigeria7-sec/feed/ 0 492068 These stocks are on track to pay interim dividends for the half-year 2024  https://nairametrics.com/2024/06/24/these-stocks-are-on-track-to-pay-interim-dividends-for-the-half-year-2024/ https://nairametrics.com/2024/06/24/these-stocks-are-on-track-to-pay-interim-dividends-for-the-half-year-2024/#respond Mon, 24 Jun 2024 06:21:37 +0000 https://nairametrics.com/?p=491830 As the half-year 2024 earnings season approaches, investors and shareholders still expect interim dividends, despite the escalating losses reported by listed companies in 2023 that extended into Q1 2024 due to policy shifts and other macroeconomic headwinds. 

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]]> https://nairametrics.com/2024/06/24/these-stocks-are-on-track-to-pay-interim-dividends-for-the-half-year-2024/feed/ 0 491830 UAC Nigeria shareholders approve N644 million dividend for financial year 2023 https://nairametrics.com/2024/06/21/uac-nigeria-shareholders-approve-n644-million-dividend-for-financial-year-2023/ https://nairametrics.com/2024/06/21/uac-nigeria-shareholders-approve-n644-million-dividend-for-financial-year-2023/#respond Fri, 21 Jun 2024 08:35:27 +0000 https://nairametrics.com/?p=491665 Shareholders of UAC Nigeria Plc have endorsed the recommendation of the Board of Directors for a dividend of N644 million for the financial year 2023.

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]]> https://nairametrics.com/2024/06/21/uac-nigeria-shareholders-approve-n644-million-dividend-for-financial-year-2023/feed/ 0 491665 Presco’s shareholders approve N24.3 billion final dividends for 2023, total dividend yields hit 13.6% https://nairametrics.com/2024/06/08/prescos-shareholders-approve-n24-3-billion-final-dividends-for-2023-total-dividend-yields-hit-13-6/ https://nairametrics.com/2024/06/08/prescos-shareholders-approve-n24-3-billion-final-dividends-for-2023-total-dividend-yields-hit-13-6/#respond Sat, 08 Jun 2024 09:26:17 +0000 https://nairametrics.com/?p=490859 Shareholders at the 31st Annual General Meeting (AGM) of Presco Plc, approved a final dividend of N24.30 per ordinary share of 50 Kobo, totaling N24.3 billion, as recommended by the Board of Directors for the financial year ended December 31, 2023.

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]]> https://nairametrics.com/2024/06/08/prescos-shareholders-approve-n24-3-billion-final-dividends-for-2023-total-dividend-yields-hit-13-6/feed/ 0 490859