Telecom giant MTN Nigeria Communications PLC (MTNN), whose revenue touched a new high of N1.7 trillion in 2021 announced a final dividend of N8.57 per share translating to a payout of N174.4 billion.
It had declared a N4.55 interim dividend in July 2021, making its total dividend per share for the year stand at N13.12.
That puts the company’s stockholders on course to receive 39.6 per cent more of the cash reward they got a year earlier when N9.40 was paid as total dividend per share.
The newly announced dividend is subject to appropriate withholding tax…
