Showing posts with label proposes. Show all posts
Showing posts with label proposes. Show all posts

Friday, February 13, 2015

Nigerian Breweries Plc proposes N37.2 bn dividend for 2014 financial year

The Board of Directors of Nigerian Breweries (NB) on Friday proposed N37.21 billion as dividend for shareholders of the nation’s brewery giant for the 2014 financial year.

In a release by the brewing company, the amount represents a pay out of N4.75 per 50k ordinary share.

According to the company, the total dividend of N37.21billion was recommended by the board for shareholders’ approval at the scheduled 2015 Annual General Meeting.