Results & Dividends

Domestic Financial Market Company Update

April 19, 2024/United Capital Research Kindly see below company dividend declarations as at Friday, 19-April-2024.   S/N Company Interim Dividend Interim Dividend Yield Final Bonus Final Dividend Final Dividend Yield Period Qualification Dates Closure of Register Payment Date 1 AFRIPRUD                               –                              –                     – ₦0.45 5.5% 31-Dec-23 15-Mar-24 18-Mar […]

Access Holdings Shareholders Approve N2.1trillion Capital Raising Plan, Other Key Resolutions

April 19, 2024 By By Kelechukwu Mgboji InvestAdvocate Lagos (INVESTADVOCATE)-Shareholders of Access Holdings Plc gave their nod to the management’s N2.1 trillion capital raising plan alongside other key resolutions at the pan-African company’s 2nd Annual General Meeting (AGM) in Lagos on Friday. The shareholders unanimously endorsed the Group’s proposal to […]

Earnings Update: WAPCO, DANGCEM & BUACEMENT

April 18, 2024/Cordros Update We update our views on WAPCO (BUY, TP: NGN48.24), DANGCEM (SELL, TP: NGN460.77) and BUACEMENT (SELL, TP: NGN60.84). For WAPCO, we revised our TP upwards by 8.5% to NGN48.24/s and maintain our “BUY” recommendation on the stock. The re-rating was driven by our expectation of improved sales in 2024E coupled with the […]