By InvestAdvocate

Lagos (INVESTADVOCATE)-University Press Plc Tuesday proposed a 35 Kobo dividend to investors of the company.

The company in a notice to the Nigerian Stock Exchange (NSE) said its Board of Directors (BOD) at its meeting held June 27, 2013 resolved to recommend the 35 Kobo per share dividend for approval by the company’s shareholders at their next Annual General Meeting (AGM).

The proposed 35 Kobo dividend is the same amount paid investors of the company in its 2011 end.