dividend

The Power of Dividends in Wealth Building: Turning Passive Income into Financial Freedom Introduction Hello Everyone. When people think about making money in the stock market, they often focus on buying low and selling high. But there’s another powerful wealth-building strategy that many...

TAJBank Pays Historic Second Dividend as Shareholders' Fund Soars by 960% TAJBank Limited, Nigeria's rapidly expanding non-interest financial institution, has achieved a historic milestone in the country's banking sector by paying a second interim dividend within just four years of its...

UBA HALF-YEAR PROFIT DECLINES BY 16% AMID SHARP LOSSES IN TRADING AND FX GAINS United Bank for Africa (UBA) reported a 16% drop in its half-year net profit for the six months ending June 2024, falling to ₦316.4 billion. The decline was driven by a significant net fair value loss of ₦311.7...

PART 2: THE INVESTOR'S GUIDE TO DIVIDENDS Hi Everyone❤️. Welcome back! Last week, we looked at the basics of dividends—what they are, how they work, and why companies pay them. Today, we are diving deeper into the world of dividends from an investor’s perspective. We will uncover why some...

UNDERSTANDING DIVIDENDS- PART 1 A COMPREHENSIVE GUIDE TO DIVIDENDS Hi Fellow Investors. Welcome to our study on Dividends. Dividends are a critical concept in stock investing, offering investors a share of a company's profits. They represent an essential part of investment returns, especially...

AIICO INSURANCE PLC PROJECTS HIGHER DIVIDENDS FOR SHAREHOLDERS 1. Dividend Strategy Update: - Commitment to Dividends: AIICO Insurance Plc is considering increasing the portion of its profits allocated to dividend payments. - Statement: This was announced by Mr. Babatunde Fajemirokun...

KEY DETAILS: - Price Adjustment: Airtel Africa Plc’s share price on the Nigerian Exchange (NGX) dropped from N2,150 to N2,097 following a price adjustment for a N53 dividend payment. - Dividend Payment: Airtel Africa paid N53.05 per share to its shareholders for the 2023 financial year. -...

- IMG (Industrial and Medical Gases) - Payment Date (PD): July 2, 2024 - Dividend Amount: 50k - ValuAlliance Fund - Payment Date (PD): July 2, 2024 - Dividend Amount: N18.50 - NEM Insurance - Payment Date (PD): July 2, 2024 - Dividend Amount: 60k - Mecure - Payment Date (PD)...

The Securities and Exchange Commission (SEC) has launched a revamped e-Dividend Mandate Management System (e-DMMS) portal aimed at reducing unclaimed dividends, which currently amount to N190 billion. The new system introduces a "self-service interface," enabling investors to mandate their...

RESOLUTIONS PASSED AT UAC OF NIGERIA'S ANNUAL GENERAL MEETING ON JUNE 20, 2024 At the Annual General Meeting (AGM) of UAC of Nigeria PLC held on June 20, 2024, at Festival Hotel, Diamond Estate, Amuwo Odofin, Lagos, the following resolutions were passed in respect to the 2023 financial year...

The equity price of *INDUSTRIAL AND MEDICAL GASES NIGERIA PLC* was adjusted today *14th of June 2024* for a dividend of *N0.50* as recommended by the company's Board of Directors. The last close price was *N12.50* while the Ex-div price is *N12.00*

EMBRACE TECHNOLOGY TO SOLVE UNCLAIMED DIVIDEND ISSUES IN NIGERIAN CAPITAL MARKET, SEC URGES REGISTRARS The Securities and Exchange Commission (SEC) has called on companies’ registrars to embrace technology as a means of addressing the issue of unclaimed dividends in the capital market. Acting...

ABBEY MORTGAGE BANK GROWS PROFIT BY 15% Abbey Mortgage Bank’s pre-tax profit rose by 15 per cent year-over-year to N951m in 2023, from N827m in the prior period. This was stated in a release by the bank ahead of its 32nd annual general meeting, scheduled for May 30. The AGM will highlight the...

HAPPY CHILDREN'S DAY/DIVIDEND CELEBRATION INVESTING IN OUR FUTURE: TEACHING FINANCIAL LITERACY TO OUR YOUNG INVESTORS As we celebrate Children's Day, let's take a moment to appreciate the bright minds and curious souls who will shape our world tomorrow. Whether they are already here or on...