BUA Cement Plc declares N2.60 as final dividend to shareholders in FY 2021

BUA Cement Plc has declared a final dividend of N2.60 for the year ended 31 December 2021.

The Cement manufacturer achieved significant growth in its topline and bottom line figures for the year under review.

 The company reported a turnover of N257.33 billion, up by 22.86% from N209.443 billion reported the previous year.

Profit after tax grew year on year by 24.51% to N90.079 billion from N72.344 billion reported the previous year.

Earnings per share of BUA Cement stands at N2.66, up by 24.51% from the EPS of N2.14 achieved in FY 2020.

At the share of N70.75, the P/E ratio of BUA Cement stands at 26.6x with earnings yield of 3.76%.

Source: BUA Cement Plc declares N2.60 as final dividend to shareholders in FY 2021 – StocksWatch (stocksng.com)

Related Posts

08

Feb
Business & Economy

NGX appoints advisory panel on digital technology products

The Nigerian Exchange Limited has set up the NGX Digital and Technology Products Advisory Panel. The Panel would provide a forum for the Exchange to interact with the capital market community and the fintech ecosystem to enhance and increase NGX’s digital product offerings. Responsibilities of the Panel include but are not limited to providing insight into product […]

Business & Economy

Fidelity Bank CEO gets recognition as banker of the year 2022

The Managing Director of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has been honoured with the Banker of the Year 2022 award. According to a statement, the bank said Onyeali-Ikpe was presented with the award at the 14th Leadership annual conference and awards, organised by the Leadership Media Group, publishers of Leadership newspapers. Onyeali-Ikpe stated, “I am grateful for[…]