L-R: Independent Non-Executive Director, Dangote Cement Plc, Emmanuel Ikazoboh; Chairman, Dangote Cement Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Cement Plc, Michel Puchercos and Non-Executive Director, Dangote Cement Plc, Olakunle Alake.
(AFRICAN EXAMINER) – Shareholders of Dangote Cement Plc on Wednesday commended theManagement of the company for an impressive performance despite the economicchallenges in the year under review.
Unanimously, theshareholders approved N272.6 billion as dividend, translating to N16 per sharefor the year ended December 31, 2020. The 16 per cent increase in the company’srevenue led to a 36 per cent increase in its earnings per share of N16.14 asagainst N11.29 in 2019.
The shareholders at the virtual 12th Annual General Meeting(AGM) held in Lagos commended the management for the full disclosure providedfor the year, share buyback process and the various donations made at COVID-19pandemic.
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Dangote Cement shareholders approve N272bn dividend, commend management
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By Nkiruka Nnorom
Shareholders of Dangote Cement Plc, yesterday commended the Management of the company for an impressive performance despite the economic challenges in the year under review.
Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue led to a 36 per cent increase in its earnings per share of N16.14 as against N11.29 in 2019.
The shareholders at the virtual 12th Annual General Meeting (AGM) held in Lagos commended the management for the full disclosure provided for the year, share buyback process and the various donations made at COVID-19 pandemic.
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Dangote Cement shareholders approve N272.6 billion dividend for 2020
Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020.
Shareholders of Dangote Cement Plc on Wednesday commended the management of the company for an impressive performance despite the economic challenges in the year under review.
Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue led to a 36 per cent increase in its earnings per share of N16.14 as against N11.29 in 2019.
The shareholders at the virtual 12th Annual General Meeting (AGM) held in Lagos commended the management for the full disclosure provided for the year, share buyback process and the various donations made at COVID-19 pandemic.
Shareholders hail Dangote over Cement s N272 6bn dividend naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.