Shareholders have decried the planned move by the Securities and Exchange Commission to suspend the issuance of dividends warrants if they do not subscribe to e-dividend payout. The shareholders, who spoke to our correspondent in separate interviews on Thursday, said that it was not right for SEC to give shareholders […]
Tag: dividend
Zenith posts N95.8bn profit, declares N50bn dividends
Zenith Bank has declared a profit after tax of N95.8bn for the financial year ended December 31, 2012, an increase of 132 per cent when compared to N41.3bn recorded in the same period of 2011. During the review period, total assets of the bank grew by 12 per cent, from […]
Dangote Cement Offer Investors 140% dividend Rise
By Richard ABANGWU InvestAdvocate Lagos (INVESTADVOCATE)- Dangote Cement Plc (DANGCEM) Wednesday increased its dividend payout to investors by 140 percent (140%) for the Audited Year Ended December 31 2012. DANGCEM proposed N3.00 for the review period compared to N1.25 paid in 2011 end; indicating an increase of 140%. The Company […]
