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Headline : Nigeria : Shareholders of Presco to get N26.3 billion dividend for FY’2023

Read more from the original article on here at www.african-markets.com.




Tags : #nigeria #shareholders #presco #get #n263 #billion #dividend #fy2023


No. of Paragraph 25

Shareholders of Presco Plc will receive a total dividend of N26.300 billion for the financial year ended December 2023, representing a total dividend of N26.30 kobo per share declared by the Board of Directors of the company.

The Board of Directors had during the year under review paid an interim dividend of N2.00 per 50 kobo share.

The Board of Directors of Presco has in pursuant to the powers vested in it by the provisions of section 426 of the Companies and Allied Matters Act (CAMA 2020) of Nigeria also recommended a final dividend of N24.30 per share for the approval shareholders the company’s Annual General Meeting (AGM).

The total dividend represents 199% growth over N8.800 billion the company paid in 2022.

Read more from the original article on here at www.african-markets.com.


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