Results & Dividends

PepsiCo Declares Quarterly Dividend of $1.0225 Per Share

May 5, 2020/PepsiCo /PRNewswire/ — The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.0225 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 […]

MTN Nigeria Q1 2020 Results Review: Maintaining Outperform Rating

Culled—Proshare May 5, 2020 By FBNQuest Research Material reductions to our 2020-22E EPS forecasts and PT We have kept our Outperform rating on MTN Nigeria (MTNN), but cut our price target by -10% to N181.6, implying a potential upside of 56.6% from current levels. The downward revision to our price […]

Okomu Oil Palm Plc Q1 20 Update: Falling CPO Prices to Place a Ceiling on 2020E Earnings.

May 5, 2020/Cordros Report Yesterday, OKOMUOIL released its Q1-20 result, which showed that the company recorded a 65.5% y/y increase in revenue, primarily driven by CPO volume expansion, while EPS grew by 101.4% y/y. When annualized, the reported EPS for the period is only 2.0% below our FY2020 estimate and […]