Friday, 13 February 2015

Nigerian Breweries declares N37.2bn dividend for 2014


Nigerian Breweries Plc says its Board of Directors has recommended a total dividend of N37.205bn for the 2014 financial year.
The amount represents a pay out of N4.75 per ordinary share of fifty kobo each, a statement by the company’s Secretary and Legal Adviser, Mr. Uaboi Agbebaku, on Thursday said.

The recommended of the board would be presented to the company’s shareholders for approval at the 2015 Annual General Meeting.

The statement explained that the board had earlier paid an interim dividend of N9.453bn, representing N1.25 per ordinary share of fifty kobo each in October 2014.

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