Results & Dividends

Nestle shareholders approve N26.95bn dividend payout

The shareholders of Nestle Nigeria Plc have approved dividend of N27.50 kobo per share for the year 2014 proposed by the management of the company. The shareholders are receiving a total dividend of N26.950bn for the 2014 financial period as against N15.853bn in 2013, translating to 70 per cent increase. […]

Continental Re made N1.1bn profit in Q1

Continental Reinsurance Plc’s profit before tax rose by 46 per cent to N1.1bn in the first quarter of the 2015 financial period from N764m in the same period of 2014. According to a statement obtained from the firm on Sunday, the Group Managing Director, Continental Re, Dr. Femi Oyetunji, said […]

Caverton shareholders approve N335m dividend

Shareholders of Caverton Offshore Support Group on Wednesday approved the N335m dividend proposed by the company. The amount translates into 10k for every N0.50 ordinary share held for the 2014 financial year. The shareholders commended the Board of Directors for increasing the company’s investment value through the planned dividend payout […]