Home News Nigerian Breweries explains N33bn dividend

Nigerian Breweries explains N33bn dividend

8
0
SHARE

NIGERIA’S foremost brewer, Nigerian Breweries Plc, has recommended a total dividend of N33 billion for the 2017 financial year.
The recommendation, which amounts to a total dividend of N4.13 per ordinary share of 50 kobo each, is a 100 per cent payout, making it the third year in a row that the company is delivering such to its shareholders.
The company ascribed the 100 per cent payout recommendation as a reflection of its strong balance sheet and overall health of the company.

Read full news….