Results & Dividends

Flour Mills of Nigeria Q3 2020 Results Review: Neutral Rating Maintained Despite Strong Results

Culled—Proshare February 10, 2020 By FBNQuest Research Target price now 15% higher We have adjusted upwards our earning forecasts for Flour Mills of Nigeria (FMN), following stronger-than-anticipated recoveries in the flour and agro-allied businesses in Q3 2020 (end-Dec). PBT for food – which mostly includes flour and had declined by […]

PepsiCo Declares Quarterly Dividend

February 10, 2020/PepsiCo PRNewswire — The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $0.955 per share of PepsiCo common stock, a 3 percent increase versus the comparable year-earlier period.  Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to […]

Electronic offering Will Reduce Unclaimed Dividends- SEC

February 10, 2020/SEC Nigeria The introduction of electronic offering in the Nigerian capital market has been described as a major achievement that will help solve the problems of unclaimed dividends. To this end, the rules have been developed and espoused to the market. This was stated by Acting DG of […]