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Business News of Friday, 7 July 2023

Source: www.nairametrics.com

Nigerian stocks: List of dividends announced in 2023

Stock exchange Stock exchange

Legend

Date announced – The date the company announced dividends, evidenced by a corporate action published on the website of the Stock Exchange.

Dividend during the year – This represents all the dividend announcements made by a company in a given year.

Total dividends – This is the summation of a company’s interim dividend (often announced in a prior year) and the final dividend announced following the publishing of a full-year annual report (after being announced in the first quarter of the year).

Qualification date – Shareholders who own shares as of this date will receive dividends. If you buy shares and want to receive dividends make sure it is at least three days before this date. Shares get transferred to you on the basis of the T+3 rule (the date you bought plus 3 working days).

Payment date – This is when the dividend will be paid to you, either via post (dividend warrants) or direct credit to your bank accounts (e-dividend).

Closure of Register – Only shareholders who own shares listed in their register before this date will be paid dividends.