*UBA, Access, Zenith MTNN keep indicators in red
Yesterday, FCMB notified the Nigerian Exchange of the declaration of a final dividend of N0.20K for every 50 kobo ordinary share, subject to appropriate withholding tax and approval of shareholders at the next Annual General Meeting.
This will be paid to shareholders whose names appear in the Register of Members as at the close of business on Thursday, 14 April 2022. The register will be closed from Friday, 15 April – Tuesday 19 April 2022.
On Wednesday, 27 April 2022, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at the close of business on Thursday, 14 April 2022, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
Shareholders who are yet to complete the e-dividend registration are advised to download E-Dividend Registration the form from the Registrars’ website complete and submit to the Registrars 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 registration or contact the Registrar.
The Company’s Annual General Meeting will be held on Wednesday, 27 April 2022 at the registered office in Lagos at 11.00 a.m with attendance by Proxies.
Meanwhile, on the trading floor, shares of the stock reduced in value to close at N3.17 a drop of N0.13 or 3.94 per cent.
The twin market indicators continue the downward trend with a drop of 0.33 percent each. The market capitalization reduced with drop of N83 billion to close at N25.170 trillion while the All-Share Index shed 155.01 basis points to close at 46,687.85 points.
In all investors traded 219.496 million shares worth N1.931 billion across 5,168 deals. On the bond market, capitalization hit N21.468 trillion while the market capitalization for the ETF market hit N7.042 billion.
On the price movement tables, 22 equities appreciated while 19 witnessed price reduction. UBA, Access, Zenith and MTNN kept the indicators in red as they all reduced their share values.
