As audited accounts begin to emerge, companies will propose dividend payments to their shareholders, following recommendations by their respective boards of directors. It’s essential to keep track of these dividend announcements to understand eligibility, approval, and payment schedules, as dividend payments can also influence share prices.
Please note that this page will be periodically updated.
Legend:
- Date announced: The date on which the company officially announced dividends, typically through a corporate action published on the Stock Exchange website.
- Dividend during the year: This represents all dividend announcements made by a company in a specific year.
- Total dividends: The total dividend amount, which includes interim dividends (often announced in the previous year) and the final dividend declared after the release of the full-year annual report (usually in the first quarter of the year).
- Qualification date: Shareholders who possess shares as of this date are eligible to receive dividends. If you purchase shares and wish to receive dividends, ensure that it is at least three days before this date, following the T+3 rule (the purchase date plus three working days).
- Payment date: The date on which the dividend will be disbursed, either through postal delivery (dividend warrants) or direct credit to shareholders’ bank accounts (e-dividend).
- Closure of Register: Only shareholders with shares registered in their name before this date will receive dividends.
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The table lists 2023 dividends from companies quoted on the Nigerian Stock Exchange, providing valuable information for investors and shareholders.
SOURCE – Nairametrics
