By Yakubu LAAH InvestAdvocate
Lagos (INVESTADVOCATE)-Beta Glass Plc has announced a 38 kobo per share dividend to shareholders of the company in its 2013 audited year end.
The 38 kobo proposed is a 12 percent increase in dividend payment of the company compared to 34 kobo paid in 2011 end.
Prior to this time, shareholders of the company had at its 38th annual general meeting (AGM) held in Lagos expressed their dissatisfaction over the dividend policy of the company where they claim to be paid almost the same amount on a yearly basis.
The dividend history of the firm in the review period shows that Beta Glass had paid 38 kobo dividend in 2010, 40 kobo in year 2011, 34 kobo in 2012 and now 38 kobo.
The company said closure date of register of members whose names appear on its books is May 05 to May 09, 2014.
Annual general meeting (AGM) and payment dates has been scheduled for July 08 and July 09 2014 respectively.
