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    MarketForces Africa » MarketNews » Flour Mills of Nigeria to Pay N1.80 to Shareholders

    Flour Mills of Nigeria to Pay N1.80 to Shareholders

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 14, 2024 MarketNews No Comments1 Min Read
    Flour Mills of Nigeria to Pay N1.80 to Shareholders
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    Flour Mills of Nigeria to Pay N1.80 to Shareholders

    Flour Mills of Nigeria (FMN) Plc has announced decision to pay N1.80 per share as dividend to shareholders, according to details from its regulatory filing.

    Nigeria’s leading food producer said on Thursday 5th September, 2024, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Friday 9 th August, 2024.

    According to the notice, the shareholders must have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts

    “A final dividend of N1.80K for every share of N0.50K, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business on 9th day of August 2024”, Flour Mills of Nigeria said in the notice. # Flour Mills of Nigeria to Pay N1.80 to Shareholders NNPCL Discontinues Suit against ExxonMobil, Seplat $1.28bn deal

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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