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Seplat Petroleum Announces Currency Exchange Rates for Q1 2021 Interim Dividend

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Dividend - Investors King

Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas firm, on Wednesday confirmed the currency exchange rates applicable in determining the interim dividend for the first quarter (Q1) of 2021 to any qualified shareholder.

The payment will be made in currency exchange elected by the qualified shareholders.

However, payment of dividend will be made in Naira or GBP at the following rates:

1 USD = 410.29 Naira
1 USD = 0.7062 GBP

Seplat disclosed this in a statement signed by Mr. Emeka Onwuka, the Chief Financial Officer (CFO), Seplat Petroleum Development Company Plc.

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 25th May 2021.

The date for dividend currency election to the Company’s Registrars is 2
nd June 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 are, therefore, advised to refer to the Company’s announcement on 29th April 2021 for definition of default currencies and dividend currency election forms can be found on the company website at https://seplatpetroleum.com/investors/dividend.

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.

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Dividends

List of Dividends Declared So Far in Nigeria in 2021

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Dividend - Investors King

Here is a list of all the dividends declared by companies listed on the Nigerian Exchange Limited (NGX) so far in 2021. Check each of them to claim your dividends before the qualification deadline.

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Dividends

Conoil to Pay N1 Billion as Final Dividend for 2020 FY

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Conoil Plc - Investors King

Conoil Plc, one of Nigeria’s leading indigenous oil companies, on Tuesday announced it will pay a final dividend of 150 kobo per 50 kobo ordinary share for the period ended December 31, 2020.

Going by the company’s outstanding shares of 693,952,117, Conoil will be paying N1.041 billion in dividends for the period.

The amount will be paid to shareholders whose names appear in the Register of Members as at the close of business on Friday, 2nd July 2021.

Dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Friday, 2nd July,2021 and who have completed the 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 via this link . Shareholders are to complete and submit to the Registrar or their respective Banks.

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Dividends

Guinness Nigeria to Pay N1 Billion in Dividend in H1 2021

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Dividend - Investors King

Guinness Nigeria Plc on Monday announced a final dividend of N0.46k per 50k ordinary share for the period ended 30 June 2021.

Going by Guinness Nigeria Plc’s total outstanding shares of 2,190,382,819, the company will be paying N1,007,576,096.74 to shareholders for the period.

According to the company, only shareholders whose names appear in the Register of Members as at the close of business on the 28th of September 2021 will be paid. Therefore, the Register of Shareholders will be closed from 29th September 2021 to 4th October 2021.

Dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 28th September 2021, and who have completed the 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 Registrars’ website: https://www.veritasregistrars.com/Downloads/new-e-dividend.pdf, complete and submit to the Registrar or their respective Banks.

Shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar.

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