Lagos (INVESTADVOCATE)-Food & Beverage Giant, Cadbury Nigeria Plc Wednesday reported that it’s Profit After Tax (PAT) for the Audited Report for the Period Ended December 31 2012 dipped by -5.9 percent (-5.9%).

For Cadbury to record the dip in Profit, from the Result Announcement released to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate in Lagos Nigeria, the Firm in year 2011 end recorded N3.670 billion compared to N3.454 billion recorded in the review period of year 2012.

Similarly, the Company reported a N5.511 billion in year 2012 end compared to N5.053 billion recorded in year 2011 end; indicating a decrease of -9.1%.

Revenue also, dropped by 1.6% in the review period as the Firm recorded a Revenue of N33.550 billion in 2012 end compared to N34.110 billion in the same period of 2011.

Also, Gross Profit for the period declined by 0.6% as Cadbury posted N11.097 billion in 2012 end compared to N11.159 billion in year 2011 end.

Also, in its Corporate Action to the Nation’s Stock Exchange, Cadbury proposed a 50 Kobo final dividend to shareholders of the Company for 2012 Financial Year End (FYE).

The dividend yield at N34.85 market price, this translates to 1.43%, and Analysts say Market initial reaction was slightly neutral at the time of release.

Cadbury said Qualification Date has been scheduled for April 12 2013; while closure of Register of shareholders in its Record who would benefit from the dividend payout is April 15 2013.

While, payment date has been scheduled for May 09 2013 after the Company’s Annual General Meeting (AGM) to be held on the same May 08 2013 in Lagos Nigeria.