By Yakubu LAAH investadvocate

Nov 04 2010 15.41 GMT

Lagos (INVESTADVOCATE)-CAP Plc operating in the Chemical and Paints Sector of the Nigerian Stock Exchange (NSE) has announced a N1.00 dividend payment to investors of the company for the 2009 Audited Year End.

This was contained in the Result announcement released Thursday November 04 2010 on the Floor of the NSE in Lagos Nigeria.

 

CAP affirmed in the announcement that payment date would be November 22 2010 and closure of register is between November 16 to 19 2010.

 

Also, Conglomerate, Chellarams Plc has grown its Profit After Tax (PAT) in its Audited Year Ended December 31 2009 from N116, 186 in Year 2008 to N69.681 million in year 2009; indicating a growth of 494.8 percent (494.8%) in the review period.

 

While Turnover increased slightly from N4.732 million in year 2008 to N4.781 million in Audited Year Ended December 31 2009; showing a growth of 1.0% in the review period.