Dangote Sugar to Pay to Final Dividend on June 19, 2020 (Dangote sugar dividend for 2020)

Dangote Sugar has declared a final dividend of N1.10 per 50 kobo ordinary share.

In the statement issued by the company through the Nigerian Stock Exchange (NSE) and signed by Temitope Hassan, FCIS Company Secretary, the dividend will be subjected to “appropriate withholding tax and approval of the shareholders at the 14th Annual General Meeting will be paid to the shareholders whose names appear on the Register of Members as at the close of business on June 19, 2020.”

The company put its qualification date on June 19, 2020. While registration of members will be closed by June 22, 2020.

“Dividend approved will be paid electronically to the shareholders whose names appear on the Register of Members on June 19, 2020 and who have completed the e-dividend registration and mandated the Registrars to pay their dividend directly into their bank accounts. The dividend will be paid within 48 hours of the Meeting,” the company stated.

Shareholders, who are yet to complete the e-dividend registration, are advised to download it at the Registrar’s E-Dividend Mandate Action Form available on wwww.veritasregistrars.com.

On unclaimed dividend warrants and share certificates, the company said “Shareholders with dividend warrants and share certificates that have remained unclaimed, or yet to be presented for payment or returned for validation are advised to complete the e-dividend registration form or contact the Registrars.”

Finally, the company said its 14th annual general meetings “will be held o Thursday July 9, 2020 at 11:00am prompt at the Eko Hotel & Suites, Plot 1415, Adetokunbo Ademola Street, Victoria Island, Lagos.” Dangote sugar 2020 dividend payment date.