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Topic: Nigerian Breweries to pay N28.4b dividend  (Read 913 times)

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Nigerian Breweries to pay N28.4b dividend
« on: February 22, 2017, 01:03:26 AM »
Nigerian Breweries to pay N28.4b dividend

The board of directors of Nigerian Breweries (NB) Plc has approved the distribution of N28.4 billion to shareholders as cash dividend for the 2016 business. The gross dividend however represented 25 per cent reduction in cash dividend, following the same contraction in the net profit of the brewing giant. NB, Nigeria’s second largest quoted company […]


The post Nigerian Breweries to pay N28.4b dividend appeared first on The Nation Nigeria.


Source: Nigerian Breweries to pay N28.4b dividend

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