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    MarketForces Africa » MarketForces News » NAHCO to Pay N2.54 as Final Dividend to Shareholders

    NAHCO to Pay N2.54 as Final Dividend to Shareholders

    Marketforces AfricaBy Marketforces AfricaApril 3, 2024 News No Comments1 Min Read
    NAHCO to Pay N2.54 as Final Dividend to Shareholders
    NAHCO
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    NAHCO to Pay N2.54 as Final Dividend to Shareholders

    The Nigerian Aviation Handling Company (NAHCO) says it plans to pay a final dividend of N2.54 per share to its shareholders for the 2023 financial year.

    The payment, slated for May 24, will be made electronically, and it is subject to appropriate withholding tax and approvals.

    Mr Bello Abdullahi of Dikko Mahmoud Solicitors, the Company Secretary of NAHCO Plc, disclosed this in a statement on Tuesday in Lagos.

    Abdullahi said that only shareholders whose names appear on the company’s Register of Members as of the close of business on May 10 would be eligible to receive the dividend.

    Abdullahi said shareholders who had completed the e-dividend registration and mandated the Registrars to pay their dividends directly into their bank accounts would be paid. Cadbury Nigeria Loses N19.09bn in 2023

    He advised shareholders, who had yet to complete the registration for the e-dividend, to do so.

    According to Abdullahi, the public is hereby informed of the company’s Annual General Meeting (AGM), scheduled to hold on May 24.

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