Results & Dividends

CBN Amends Dividend Pay-Out Policy For Banks

Culled—Proshare February 23, 2018/FDC  Prior to this guideline, most banks adopted an aggressive dividend policy, partly to shore up their share price and secondly to splash cash to shareholders. Consequently, banks resorted to external funding sources to support their balance sheet, as against internal capital consolidation in the form of […]

Total Nigeria Says 2017 Pretax Profit Down 42.0%, Offers Investors N14.00 per Share Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Total Nigeria Plc on Friday said its pretax profit for the period ended December 31, 2017 slumped 42.0 percent to N11.79 billion from N20.35 billion recorded a year earlier. Also, post-tax profit for the period dipped 45.8 percent to N8.01 billion from N14.79 billion […]

McNichols Announces Closed Period as Board Set to Declare Dividend

February 23, 2018/NSE Notice is hereby given that the Board of Directors of McNichols Consolidated Plc will meet on Tuesday, 27 February 2018 to consider and approve the Company’s audited financial statements for the financial year ended December 31, 2017.  The Board will also consider declaration of dividend for shareholders’ […]