By Adedapo Adesanya
A final dividend of 49 kobo per 50 kobo ordinary share would be paid to shareholders of Cabdury Nigeria Plc, the company has announced.
In a notice signed by the company secretary, Mrs Fola Akande, this payment is for the period ended December 31, 2019 and it is subject to appropriate withholding tax and approval of shareholders.
According to the leading consumer goods producer, the cash reward would be paid to shareholders whose names appear in the register of members as at the close of business on May 22, 2020.
While the register of shareholders would be closed from May 25 to 29, 2020, the dividend would be paid electronically at a yet to be scheduled date that will be communicated in due course.
It was disclosed that only those who have completed the e-dividend registration and have mandated the Registrar to pay their dividends directly into their bank accounts would receive the payment.
The registrar’s E-dividend Mandate Activation Form can be gotten on the Registrars’ website – www.firstregistrarsnigeria.com which will then be filled and submitted to the Registrar or the shareholders’ banks.
Also, shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to presented for payment or returned for validation have been urged to complete the e-dividend registration or contact the Registrar.
Cadbury Nigeria Plc, which has not fixed a date for its Annual General Meeting (AGM), said it would update the investing community on when this will take place.
For now, most companies have suspended shareholders’ gatherings due to the coronavirus pandemic, which has forced government to place ban on gatherings of more than 20 people. In Lagos and Abuja, residents have been directed to remain indoors, while from Friday, those in Ogun State will join the lockdown.
The idea is to stop the spread of the virus in the country. A total of 151 persons have tested positive for the disease in Nigeria.
