Nigerian Breweries pays N16.1bn annual dividend to shareholders

NB, Nigerian Breweries, Dividend

Shareholders of Nigerian Breweries Plc have approved a total dividend of N16.1 billion for the year ended December 31, 2019 at the rate of N2.01 per share. This followed approval of the proposed dividend by the shareholders of the company at the its 74th Annual General Meeting (AGM) in Lagos recently. The Chairman of the company, Chief Kola Jamodu, said the company had earlier paid an interim dividend of N3.99 billion, translating to 50 kobo per share, in December 2019. He said the final dividend of N12.1 billion, translating to…

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