June 14, 2017/Thisday Shareholders of CAP Plc, a subsidiary of UAC of Nigeria Plc, on Tuesday approved the sum of N1.54 billion recommended as dividend for the year ended December 31, 2016. The dividend, which translates to 220 kobo per share was approved by the shareholders at the annual general […]
Results & Dividends
SEC Says June 30, 2017 Deadline for Issuance of Physical Dividend Warrants
June 30, 2017/Codros Research the Securities and Exchange Commission (SEC) has confirmed the deadline for the issuance of physical dividend warrants as 30th June, 2017. Further to the above, physical warrants will no longer be issued to investors/shareholders in the capital market. Hence, all investors must have valid e-dividend mandates […]
International Breweries Plc Reports Q4 2017 Results – Operating Expenses Grew by 115% YoY
Culled—Proshare June 12, 2017/FBNQuest Research Event: International Breweries reports Q4 2017 (end-Mar) results Implications: Upward revisions to consensus 2018 forecasts likely Positives: Sales, PBT and PAT grew 47% y/y, 89% y/y and 56% y/y respectively Negatives: Operating expenses grew 115% y/y; came in 11% ahead of our estimates Late last […]
