By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE)-Financial and Investment Services Company, UBA Capital Plc Monday announced a 25 kobo dividend payout to shareholders of the company in its 2013 audited year end.

The company said closure date of register of members is April 22 to April 25, 2014, while it has scheduled its annual general meeting (AGM) date to April 29, 2014 at Eko Hotel in Lagos Nigeria. The company said payment date of the 25 kobo per share dividend is May 06, 2014.

A review of the it’s 2013 audited year end shows that UBACAP declared a pre-tax profit of N845 million in 2012 compared to N2.639 billion in 2013 end.

The company also recorded a post-tax profit of N2.083 billion in its 2013 audited year end compared to N1.418 billion in 2012; indicating an increase of 47%.

Similarly, gross earnings rose 241% in the review period as the company reported N4.573 billion in 2013 compared to N1.342 billion in the same period of 2012.