Dividend boost for Dangote shareholders

Dividend boost for Dangote shareholders
Published: 06 April 2012

Tagged Under: Nigeria Dangote 

Dangote Cement Plc announced it will pay a cash dividend of NGN19.37bn, or NGN1.25 per share, according to the company’s financial statement released on the Nigerian Stock Exchanged yesterday. The directors a recommended a bonus issue of one new share for every one already held.

Company turnover was noted at NGN235.70bn compared with NGN202.57bn a year earlier, indicating a 16% growth.

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