March 5, 2024/Cordros Report NASCON Allied Industries Plc (NASCON) released its 2023FY audited results yesterday (04 March), reporting a remarkable 151.0% y/y growth in 2023FY EPS to NGN5.18 (2022FY: NGN2.06). The outturn was driven by the marked revenue print (+37.5% y/y). NASCON’s board proposed a bonus issue of two (2) […]

March 4, 2024/United Capital Research Kindly see below company dividend declarations as at Friday, 01-March-2024.  S/N Company Bonus Dividend/Share Dividend Yield Type Period Qualification Dates Closure of Register Payment Date 1 BUA Cement Plc – ₦2.00 1.5% Final Dividend 31-Dec-23 9-Aug-24 12-Aug-24 29-Aug-24 2 Dangote Cement Plc – ₦30.00 4.4% […]

March 4, 2024/CSL Research In its FY 2023 audited earnings result, Dangote Sugar Refinery Plc’s (DSR) Revenue rose to N441.45bn (+9.5% y/y) from N403.25bn in 2022. The company’s topline performance was largely driven by the accretion in its sales of sugar (50kg), sugar (retails) and molasses to N426.45bn (+9.1% y/y), […]