UAC of Nigeria Plc (UACN) said it would pay shareholders a dividend per share of N0.65 equivalent to a cumulative payout of N1.9 billion for the 2021 financial year, according to a statement issued by the company’s board seen on Thursday.
The proposed dividend is 54.2 per cent lower than the cash reward shareholders received last year, when aside from a N0.65 dividend, the firm paid a special dividend of N0.55, summing up to N1.20.
Shareholders’ consent at the forthcoming annual general meeting will pave the wy for the payment of the dividend…
