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Billionaire’s sugar company to pay N4.8 billion dividend
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Richest man in Africa, Aliko Dangote.
The sum was recommended by the company’s directors and amounts to 40 kobo per share.
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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.
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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.
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