Modupe Gbadeyanka
By Modupe Gbadeyanka
Shareholders of MTN Nigeria Communications Plc are gearing up for the payment of N2.95k interim dividend to them by the company. This was proposed by the board of the telco when the half year financial statements of the firm were released last month.
The interim dividend was precisely declared on July 24, 2019 for the period ended June 30, 2019.
In the notice released to the Nigerian Stock Exchange (NSE), MTN Nigeria had said the qualification date for the payment was Thursday, August 8, 2019, with payment date fixed for Friday, August 16, 2019.
Another company paying an interim dividend this month is Ikeja Hotel. During the announcement on July 24, 2019, the board proposed the payment of 3 kobo per share to shareholders for the period ended June 30, 2019.
The payment date for this dividend is Wednesday, August 28, 2019, while the qualification date is Monday, August 12, 2019.
Another dividend being expected this eighth month of the year is from Red Star Express. The delivery firm is paying 43 kobo to its shareholders subject to their approval at an Annual General Meeting (AGM) fixed for Thursday, August 8, 2019.
The board had declared the payment of the final dividend for the 2018 financial year on July 10, 2019.
If approved, payment would be effected on Thursday, August 15, 2019, but the qualification date was Tuesday, July 16, 2019.
If you are a shareholder of Conoil Plc, then be ready to raise the roof and paint the town red on Friday, August 23, 2019 for the payment of a final dividend.
However, to partake in the N2 per share to be paid that day, you must have had shares of the energy company as at the close of business on Friday, August 2, 2019. Anything short of this is “sorry for you, come next time.”
The payment is for the 2018 financial year and the proposal was announced on July 16, 2019 by the board.
