Final dividend paid amounted to N203.55 billion and an interim of N113.988, making a total dividend for 2022 to be N317.538.
In its annual report published March 17, 2023, the ICT company approved the proposal for a Scrip Dividend Election Plan, which gave interested shareholders the option to elect and receive new ordinary shares in the stead of dividend in cash. Prior to the meeting, qualifying shareholders who intended to make the election for shares obtained the Election Form from Coronation Registrars Limited.
The Company said “the decision to incorporate the Scrip Dividend Election Plan will benefit the qualifying shareholders because those who elect to receive new ordinary shares will be able to increase the number of shares, they hold in the Company without incurring capital market-related transaction costs.
