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Portland Paints to give investors 16 Kobo dividend for 2010 end

By investAdvocate Lagos (INVESTASDVOCATE)-Portland Paints Plc is set to give investors of the Company a 16 Kobo dividend payout for the year ended December 31 2010. The Company affirmed that payment date would be September 02 2011 and it’s for shareholders whose name appear as at the closure date between […]

GTBank to sell N30bn bad debts to AMCON

Guaranty Trust Bank Plc has said that it plans to sell about N30bn ($192m) of its non-performing loans to the Asset Management Corporation of Nigeria in the next phase of purchase by the asset management company. Bloomberg quoted the bank as saying, “It sold N1.7bn toxic assets to AMCON in […]

Dividends come roaring back in 2011

  A comeback for dividends: Big US companies give shareholders $16.6 billion more in income Rachel Beck and David K. Randall, AP Business Writers NEW YORK (AP) — Big companies increased their dividends by a record amount in the first quarter. Since the start of the year, 117 companies in […]