AXA Mansard Insurance declares 25 kobo dividend to shareholders in FY 2021

AXA Mansard Insurance on Wednesday declared a dividend of 25 kobo to its shareholders for the year ended 31 December 2021.

The underwriting firm reported a turnover of N60.198 billion for the 12 months period, up by 26.51% from N47.583 billion reported the previous year.

Profit after tax for the year under review was down by 17.73% to N3.735 billion from N4.54 billion reported in FY 2020.

Earnings per share of the company stands at 42 kobo, down by 17.73% from the EPS of 50 kobo achived the previous year.

At the share price of N2.16, the P/E ratio of AXA Mansard Insurance stands at 5.20x with earnings yield of 19.21%.

Qualification date for the 25 kobo dividend is April 28. The Register of Shareholders will be closed on the 29th April 2022.

On May 12, 2022, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at April 28th 2022.

Source: AXA Mansard Insurance declares 25 kobo dividend to shareholders in FY 2021 – StocksWatch (stocksng.com)

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