By Modupe Gbadeyanka
Shareholders of Law Union and Rock Insurance Plc will receive a reward of 2 kobo per share for the 2018 financial year, the board of the firm has declared.
In a notice to the Nigerian Stock Exchange (NSE), the insurer said the dividend would be paid electronically on June 26, 2019 to shareholders whose names appear on the register of members as at May 31, 2019 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.
However, it stressed that the cash dividend is subject to approval of shareholders at the Annual General Meeting (AGM) scheduled for June 25, 2019 at the Agip Recital Hall, Muson Centre, Lagos.
It further stated that the qualification date for the dividend is May 31, 2019, while register of shareholders would be closed from June 3 to 7, 2019.
Law Union and Rock is an insurance company based in Nigeria that offers third party insurance services to customers.
Dipo Olowookere 
Adedapo Adesanya