We went back in time to see what Nigerian Breweries dividends was like in 2018, here is what we found out.
Hopefully, the dividends will be paid electronically to eligible shareholders by Monday, May 20, 2019. This only applies to shareholders who had already completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
Full-year 2018 poor performance
Nigerian Breweries Plc obvious had an unimpressive 2018, looking at their audited full-year 2018 results. Revenue for the period stood at N350.2 billion, which is a decrease of 4.3% from 2017 revenue of N365.7 billion.
The company also witnessed a dip in profit before tax in 2018. PBT was N29.4 billion in 2018 compared to N46.6 billion in 2017, which is a 36.9% decrease.
Hopefully, the dividends will be paid electronically to eligible shareholders by Monday, May 20, 2019. This only applies to shareholders who had already completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
Full-year 2018 poor performance
Nigerian Breweries Plc obvious had an unimpressive 2018, looking at their audited full-year 2018 results. Revenue for the period stood at N350.2 billion, which is a decrease of 4.3% from 2017 revenue of N365.7 billion.
The company also witnessed a dip in profit before tax in 2018. PBT was N29.4 billion in 2018 compared to N46.6 billion in 2017, which is a 36.9% decrease.