June 2, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc on Friday offered its shareholders a dividend of N2.00 per share compared to N3.10 paid in 2016, amounting to N1.4 billion in the review period of 2017. This is coming on the heels of of daunting economic challenges in […]

May 28, 2018/InvestmentOne Report Excise Duty to Weigh on Macroeconomic Improvement We maintain our SELL recommendation on Nigerian Breweries Plc given the 3% downside implied by our N111.8 fair value on the stock. Following the release of its Q1 2018 results, we forecast Nigerian Breweries Plc (NB) FY 2018 P/E […]

Culled–Proshare May 24, 2018/GSK  GlaxoSmithKline Consumer Nigeria Plc has declared a special dividend of 8.4billion Naira representing N7.10 and a final dividend of 40k per share respectively for its shareholders in the year ended December 2017. The percentage increase in the dividend is driven by the growth in the GSK […]