Results & Dividends

Lafarge Africa Plc H1-2021 Unaudited Financial Result: Robust demand & deleveraging efforts to underpin profitability

August 30, 2021/United Capital Report Please click here to download the full report Lafarge Africa Plc (“WAPCO” or “the Group”) published its H1-2021 financials recently. Revenue grew 20.3% y/y in the period, buoyed by improved sales volumes across its cement and aggregate segments, as well as higher pricing. The cement […]

Zenith Bank Plc H1 2021 Quick Take: Trading Gains Support Q2 Numbers

August 27, 2021/CSL Research Zenith Bank’s H1 2021 AUDITED results showed a 6.0% y/y decline in Interest Income. Q/q however, Interest Income grew marginally, up 1.6% in Q2 2021 relative to Q1 2021. The y/y decline was mainly due to a steep decline in interest on Placement with banks/discount houses, […]

Dividend Yields and Investment Returns

August 24, 2021/Coronation Research As fixed income yields tighten the dividend yields of some of the largest stocks listed on the NGX Exchange are beginning to look juicy. From our own brokerage activity, we are aware of how investors appreciate dividend yields. So, the question is as follows. Could one […]