By InvestAdvocate
Lagos (INVESTADVOCATE)-Oil marketing firm, Total Nigeria Plc on Wednesday said it has declared an interim dividend of N2.00 per share to investors of the company for the period ended September 30, 2014.
In a corporate action announcement with the Nigerian Stock Exchange (NSE), the company said closure date is 1st-5th December, 2014 and payment date has been scheduled for December 15, 2014.
This is coming on the heels of the approval 0.61 euros per share third quarter (Q3) interim dividend to shareholders of Total SA, France based parent company of Total Nigeria.
Total SA had increased its interim dividend 3.4 percent compared to the third quarter 2013 and said it will be paid in euros.
According to the French oil giant, ex-dividend date has been scheduled for March 23, 2015, record date March 24, 2015 and payment date March 25, 2015.
A review of Total Nigeria’s Q3 2014 accounts shows that showed that revenue grew slightly by 2.0 percent to N177.8 billion from N174.3 billion recorded in the same period of 2013.
Profit after tax declined 18 percent to N1.555 billion from N1.886 billion in the Q3 of 2013.
Similarly, profit before tax went down same margin of 18 percent from N5.147 billion in the Q3 2013 to N4.204 billion in the review period of 2014.
