Total Nigeria Proposes N3 Interim Dividend

By Modupe Gbadeyanka

The board of directors of Total Nigeria Plc has proposed the payment of an interim dividend of N3 to its shareholders.

The oil firm, which released its third quarter earnings to the Nigerian Stock Exchange (NSE) today, said the payment date for the interim dividend is December 18, 2017.

According to a statement issued by the company, the qualification date for the dividend is December 1, 2017, while the closure date is from December 4-8, 2017.

In the financial statements released today by Total, its revenue boosted to N221.2 billion during the period from N220.2 billion last year.

Total Nigeria Plc is a subsidiary of the Total Group, a leader in petroleum marketing and services industry in the country.