Dangote Sugar Refinery (DSR) Plc is set to pay the sum of N4.8 billion as dividends to its shareholders for the 2014 financial year.
Billionaire’s sugar company to pay N4.8 billion dividend
The sum was recommended by the company’s directors and amounts to 40 kobo per share.
DSR ended 2014 with a gross revenue of N94.9 billion compared with N103.2 billion in 2013.
The company also recorded an improved bottom line during the period under review with a profit after tax of N11.6 billion, up from N10.8 billion.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
BREAKING: Delta monarch declared wanted by military surrenders to police
Renowned Canada-based Nigerian playwright, Oguntokun is dead
Kaduna Gov grants scholarship to 137 rescued schoolchildren, son of late teacher
Siamese twin gets married while still conjoined with her sister
LP BoT kicks out Abure despite convention victory, takes over party affairs
6 Labour Party lawmakers defect to PDP in Enugu State
Tinubu's special assistant donates food items to 1,700 residents in FCT
Anambra PASAN begins strike over Soludo's failure to grant financial autonomy
Governor Sanwo-Olu pays ₦4.48 billion to 1,455 retirees in accrued pensions
Pulse Sports
Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?
I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream
Michelle Alozie: I had to do it because of African referees
AC Milan star reveals he was named after Super Eagles legend Tijani Babangida
Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana
Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana
ADVERTISEMENT