Cadbury Nigeria has proposed a final dividend of 0.40 kobo for the year ended 31 December 2022.
The Company’s audited report shows growth in its topline and bottom line figures, year on year.
A turnover of N55.21 billion was reported for the 12 months period, up by 30.30% from N42.37 billion reported the previous year.
Profit after tax grew year on year by 110.38% to N946 million from N449.7 million reported the previous year.
Earnings per share of the company stand at N0.50, up by 110.38% from the EPS of N0.24 achieved the previous year.
At the share price of N11.30, the P/E ratio of Cadbury stands at 36.40x with earnings yield of 2.75%.
Qualification date for the 40 kobo dividend is on Tuesday 4th day of June 2023.
The Register of Shareholders will be closed from 5th June 2023 to 9thJune 2023 (both days inclusive).
On Tuesday 27th June 2023 dividends will be paid electronically to shareholders whose names appear on the Register of Members as at Friday 2nd June, 2023 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
Source: Cadbury proposes 40 kobo dividend for 2022 year end – StocksWatch (stocksng.com)