Results & Dividends

PepsiCo Declares Quarterly Dividend

November 17, 2022/PepsiCo The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.15 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $4.60 per […]

Unilever Nigeria Plc Q3-22 Update: Underwhelming Growth Numbers; Outlook Unchanged

November 11, 2022/Cordros Report UNILEVER’s 9M-22 numbers fell short of expectations, as the company reported a loss per share of NGN0.06 (9M-21 EPS: NGN0.19) underpinned by the slow revenue growth in the period. As alluded to in our last update, the increasing competition from cheaper unlisted brands amid the real […]

NASCON Allied Industries Plc Q3-22 Update: Outperforming Expectations: 2022FY Outlook Reviewed

November 11, 2022/Cordros Report In this report, we review our estimates and update our views on NASCON for 2022FY. This is as the food producer has generally outperformed our expectations for 2022FY so far, with revenue outturn as of 9M-22 (NGN40.61 billion) tracking ahead of our initial expectation (NGN32.73 billion) […]