By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE) – Multi-application and multi-channel electronic transaction switching and payment processing firm, eTranzact International Plc on Thursday said it has proposed a 5 kobo per share dividend to investors of the company.

eTranzact said the payment of the 5 kobo per share dividend was approved at a board meeting held on 15 April 2015, it said in an issuer’s announcement to the Nigerian Stock Exchange (NSE).

According to the multi-channel electronic transaction switching and payment processing firm, the information relating to the proposed dividend was not included in its Audited Financial Statement as at the time of filing with NSE through the Issuers’ Portal on 7 April 2015.

The company added it has address stockbrokers on the trading floor of the NSE on the matter as at Thursday April 30, 2015.