Nestle proposes n45 final dividend

Nestle Nigeria Plc has proposed a final dividend of N45 per share for the year ended December 31, 2022.

Here are some key details about the proposed dividend:

  1. Final dividend: The proposed dividend is a final dividend, which means it is the last dividend payment for the year.
  2. Amount: The proposed final dividend is N45 per share, which is a significant increase from the N20 per share paid in the previous year.
  3. Total dividend: The total dividend for the year, including the proposed final dividend, would be N65 per share, which is a 225% increase from the N20 per share paid in the previous year.
  4. Dividend yield: Based on the current share price of Nestle Nigeria Plc, the proposed dividend yield would be around 4.5%.
  5. Payment date: The payment date for the proposed final dividend has not been announced yet, but it is expected to be made in the coming months.

The proposed final dividend is subject to the approval of the company's shareholders at the Annual General Meeting (AGM) scheduled for [insert date].