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FCMB Approves N0.15k as Final Dividend for 2020 Financial Year

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FCMB

Shareholders of FCMB Group Plc on Wednesday 21, April 2021 approved a final dividend of N0.15 kobo per every 50 kobo ordinary share, translating to N2.7 billion for the financial year ended December 31, 2020.

The amount approved was 1 kobo higher than the 14 kobo declared in 2019.

The bank’s shareholders gave the approval at the 8th annual general meeting of the group which held at First City Plaza, 44 Marina in Lagos.

Speaking on the lender’s performance for the year, Oladipupo Jadesimi, the Chairman, FCMB Group, said the bank was well positioned to continue to succeed in the years to come, even as the world continues to struggle with the COVID-19 pandemic.

Jadesimi attributed the optimism to a series of decisions made by the bank to leverage new digital technology to expand access to financial transactions.

“Board of directors has adopted a policy that seeks to provide investors with a stable and sustainable form of capital distribution with consideration given to the growth and capital requirements of the business, thereby maximising long-term share value for shareholders,” he said.

Despite COVID-19 and a tough operating environment, FCMB grew profit after tax by 13 percent to N19.7 billion in 2020.

According to the Group Chief Executive, FCMB Group Plc, Mr Ladi Balogun, this had a direct effect on the bank’s earnings per share, which rose from 87 kobo in 2019 to 98 kobo in 2020.

He stated, “Our businesses continue to improve with growth in other key indicators, such as loans and advances 14.9 per cent and total assets 23.4 per cent.

“Customer deposits grew by 33.3 per cent to over N1.2tn with a large portion of the growth coming from current and savings accounts.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Dividends

C&I Leasing Plc Declares Final Dividend of 5 Kobo for 2020 Financial Year

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C&I Leasing - Investors King

C&I Leasing Group Plc, a Nigerian public limited maritime company, announced a final dividend of 5 kobo per ordinary share of 50 kobo each for the financial year ended 31 December 2020.

The amount will be paid to shareholders whose names appear in the Register of Members as at close of business on Friday, 11th June 2021.

The Register of Shareholders will be closed from Monday 4th June, 2021 to Wednesday, 16th June, 2021.

Dividends will be paid electronically to shareholders whose names appear on the Register of Members as at close of business on Friday, 11th June, 2021, and who have completed their e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

However, shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, which is also available on our website: www.cileasing.com, complete and submit to the Registrar or their respective Banks.

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Dividends

Seplat Announces Currency Exchange Rates for Proposed Final Dividend for 2020

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Naira Dollar Exchange Rate - Investors King

Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Exchange Limited and London Stock Exchange, today confirms that the following currency exchange rates will be applicable in the determination of the proposed final dividend for 2020 to any shareholder that qualifies for and has elected to receive the dividend payment in Naira or GBP:

Exchange Rate

1 USD = 410.24 Naira
1 USD = 0.7197 GBP

The exchange rate for the Naira or Pound Sterling amounts payable was determined by reference to the exchange rates applicable to the US dollar available on 30th April 2021.

The closing date for Dividend currency election to the Company’s Registrars is 18th May 2021. In the absence of a qualifying Dividend currency election by shareholders to the appropriate Registrar, dividends will be paid in their default currency. Shareholders should refer to the Company’s announcement on 1st March 2021 for definition of default currencies and dividend currency election forms can be found on the company website at https://seplatpetroleum.com/investors/dividend.

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Dividends

Dividends Declared in 2021 in Nigeria

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dividend

Dividends declared by companies in Nigerian for the financial year ended 31 December 2020. Investors King has compiled all the dividends for easy and convenient access.

MTN NIGERIA COMMUNICATIONS PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦5.90
Proposed Bonus: null FOR null
Qualification Date: 5/4/2021
AGM Date: 5/25/2021
Payment Date: 5/26/2021
Closure of Register Date: 5/5/2021

CUSTODIAN INVESTMENT PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦0.45
Proposed Bonus: null FOR null
Qualification Date: 4/9/2021
AGM Date: 4/22/2021
Payment Date: 4/22/2021
Closure of Register Date: 4/12/2021

NESTLE NIGERIA PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦35.50
Proposed Bonus: null FOR null
Qualification Date: 5/21/2021
AGM Date: 6/22/2021
Payment Date: 6/23/2021
Closure of Register Date: 5/24/2021

NASCON ALLIED INDUSTRIES PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦0.40
Proposed Bonus: null FOR null
Qualification Date: 4/22/2021
AGM Date: 5/4/2021
Payment Date: 5/5/2021
Closure of Register Date: 4/23/2021

SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: $0.05
Proposed Bonus: null FOR null
Qualification Date: 5/4/2021
AGM Date: 5/20/2021
Payment Date: 5/27/2021
Closure of Register Date: 5/5/2021

DANGOTE SUGAR REFINERY PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦1.50
Proposed Bonus: null FOR null
Qualification Date: 3/17/2021
AGM Date: 6/16/2021
Payment Date: 6/18/2021
Closure of Register Date: 3/18/2021

AFRICA PRUDENTIAL PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦0.50
Proposed Bonus: null FOR null
Qualification Date: 3/15/2021
AGM Date: 3/25/2021
Payment Date: 3/26/2021
Closure of Register Date: 3/16/2021

ARDOVA PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦0.19
Proposed Bonus: null FOR null
Qualification Date: 3/25/2021
AGM Date: 4/12/2021
Payment Date: 4/13/2021
Closure of Register Date: 3/26/2021

ZENITH BANK PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦2.70
Proposed Bonus: null FOR null
Qualification Date: 3/8/2021
AGM Date: 3/16/2021
Payment Date: 3/16/2021
Closure of Register Date: 3/9/2021

NIGERIAN BREWERIES PLC DIVIDEND

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦0.69
Proposed Bonus: Nil
Qualification Date: 3/10/2021
AGM Date: 4/22/2021
Payment Date: 4/23/2021
Closure of Register Date: 3/11/2021

STANBIC IBTC HOLDINGS PLC

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦3.60
Proposed Bonus: NIL
Qualification Date: 4/7/2021
AGM Date: 5/27/2021
Payment Date: 5/28/2021
Closure of Register Date: 4/8/2021

LAFARGE AFRICA PLC

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦1.00
Proposed Bonus: NIL
Qualification Date: 5/3/2021
AGM Date: 5/25/2021
Payment Date: 5/25/2021
Closure of Register Date: 5/4/2021

DANGOTE CEMENT PLC

Closure of Register Year Ended 31 December 2020
Proposed Dividend: ₦16.00
Proposed Bonus: NIL
Qualification Date: 4/27/2021
AGM Date: 5/26/2021
Payment Date: 5/27/2021
Closure of Register Date: 4/28/2021

MCNICHOLS CONSOLIDATED PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.03
Proposed Bonus: –
Qualification Date: 6/30/2021
AGM Date: 7/29/2021
Payment Date: 8/5/2021
Closure of Register Date: 7/1/2021

UAC OF NIGERIA PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦1.20
Proposed Bonus: –
Qualification Date: 6/14/2021
AGM Date: 6/30/2021
Payment Date: 7/1/2021
Closure of Register Date: 6/15/2021

NIGERIAN AVIATION HANDLING COMPANY PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.13
Proposed Bonus: –
Qualification Date: 7/13/2021
AGM Date: 7/30/2021
Payment Date: 7/30/2021
Closure of Register Date: 7/14/2021

STERLING BANK PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.05
Proposed Bonus: –
Qualification Date: 4/16/2021
AGM Date: 5/6/2021
Payment Date: 5/6/2021
Closure of Register Date: 4/19/2021

CADBURY NIGERIA PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.18
Proposed Bonus: –
Qualification Date: 5/14/2021
AGM Date: 6/16/2021
Payment Date: 6/17/2021
Closure of Register Date: 5/17/2021

11 PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦8.50
Proposed Bonus: –
Qualification Date: 4/29/2021
AGM Date: –
Payment Date: –
Closure of Register Date: 4/30/2021

NEM INSURANCE PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.09
Proposed Bonus: –
Qualification Date: 6/4/2021
AGM Date: 6/24/2021
Payment Date: 6/24/2021
Closure of Register Date: 6/7/2021

GLAXO SMITHKLINE CONSUMER NIG. PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: 0.40
Proposed Bonus: –
Qualification Date: 4/23/2021
AGM Date: 5/27/2021
Payment Date: 5/28/2021
Closure of Register Date: 4/26/2021

CAVERTON OFFSHORE SUPPORT GROUP PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: 0.10
Proposed Bonus: –
Qualification Date: 4/27/2021
AGM Date: 5/27/2021
Payment Date: 5/27/2021
Closure of Register Date: 4/28/2021

AXA Mansard Insurance Plc

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.055
Proposed Bonus: –
Qualification Date: 4/22/2021
AGM Date: 5/7/2021
Payment Date: 5/7/2021
Closure of Register Date: 4/23/2021

LINKAGE ASSURANCE PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.05
Proposed Bonus: 2 FOR 5
Qualification Date: 4/30/2021
AGM Date: 5/20/2021
Payment Date: 5/26/2021
Closure of Register Date: 5/3/2021

ETERNA PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.10
Proposed Bonus: –
Qualification Date: 4/30/2021
AGM Date: 7/22/2021
Payment Date: 7/23/2021
Closure of Register Date: 5/3/2021

BOC GASES NIGERIA PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.50
Proposed Bonus: –
Qualification Date: 6/4/2021
AGM Date: 6/24/2021
Payment Date: 6/25/2021
Closure of Register Date: 6/7/2021

BETA GLASS PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦1.04
Proposed Bonus: –
Qualification Date: 6/10/2021
AGM Date: 7/1/2021
Payment Date: 7/2/2021
Closure of Register Date: 6/11/2021

BUA CEMENT PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: N2.067 kobo
Proposed Bonus: –
Qualification Date: 7/9/2021
AGM Date: 7/22/2021
Payment Date: 7/23/2021
Closure of Register Date: 7/12/2021

FBN HOLDINGS PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.45
Proposed Bonus: –
Qualification Date: 4/20/2021
AGM Date: 4/27/2021
Payment Date: 4/28/2021
Closure of Register Date: 4/21/2021

CHEMICAL AND ALLIED PRODUCTS PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦2.10
Proposed Bonus: –
Qualification Date: 6/2/2021
AGM Date: 6/17/2021
Payment Date: 6/22/2021
Closure of Register Date: 6/3/2021

TRANSNATIONAL CORPORATION OF NIGERIA PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.01
Proposed Bonus: null FOR null
Qualification Date: 4/14/2021
AGM Date: 4/26/2021
Payment Date: 4/26/2021

BERGER PAINTS NIGERIA PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.40
Proposed Bonus: –
Qualification Date: 4/30/2021
AGM Date: 5/20/2021
Payment Date: 5/21/2021
Closure of Register Date: 5/3/2021

FIDELITY BANK PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.22
Proposed Bonus: –
Qualification Date: 4/16/2021
AGM Date: 4/30/2021
Payment Date: 4/30/2021
Closure of Register Date: 4/19/2021

INFINITY TRUST MORTGAGE BANK PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.04
Proposed Bonus: –
Qualification Date: 4/23/2021
AGM Date: 5/20/2021
Payment Date: 5/24/2021
Closure of Register Date: 4/26/2021

FIDSON HEALTHCARE PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.25
Proposed Bonus: –
Qualification Date: 7/7/2021
AGM Date: 7/22/2021
Payment Date: 7/23/2021
Closure of Register Date: 7/8/2021

JAIZ BANK PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.03
Proposed Bonus: –
Qualification Date: 5/28/2021
AGM Date: 5/27/2021
Payment Date: 6/3/2021
Closure of Register Date: 5/31/2021

ACCESS BANK PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.55
Proposed Bonus: –
Qualification Date: 4/15/2021
AGM Date: 4/30/2021
Payment Date: 4/30/2021
Closure of Register Date: 4/16/2021

PRESTIGE ASSURANCE PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.025
Proposed Bonus: –
Qualification Date: 5/17/2021
AGM Date: 5/26/2021
Payment Date: 5/28/2021
Closure of Register Date: 5/18/2021

SKYWAY AVIATION HANDLING COMPANY PLC

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.0165
Proposed Bonus: –
Qualification Date: 6/4/2021
AGM Date: 6/22/2021
Payment Date: 6/22/2021
Closure of Register Date: 6/7/2021

FCMB Group Plc

Closure of Register: Year Ended 31 December 2020
Proposed Dividend: ₦0.15k
Proposed Bonus: –
Qualification Date: 4/8/2021
Payment Date: 21/04/2021
Closure of Register Date: 4/8/2021

Please note that the list will be updated as more companies declare their dividends. Also, check our Dividends section for those not listed here.

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