Nèstle Nigeria to pay shareholders N40 billion dividend

Nèstle Nigeria to pay shareholders N40 billion dividend

Nèstle Nigeria Plc will reward its shareholders with a total dividend payout of N40.012 billion for the financial year 2021, after getting shareholders to agree to a payout of a final dividend of N20.21 billion.

The final dividend translates to N25.50 per 50 kobo ordinary share, Nestle said in a note to the Nigerian Exchange Limited on Tuesday.

The Swiss-based food company had earlier paid an interim dividend of N19.8 billion to shareholders. It recorded a revenue of N261.6 billion and a profit of N33.6 billion in the nine-month period to September…

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Nèstle Nigeria to pay shareholders N40 billion dividend

 

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