Custodian Investment Plc declares 40 kobo dividend to shareholders in FY 2021

Custodian Investment Plc on Monday published its Audited Financial Statement for the year ended 31 December 2021.

The company also declared a final dividend of 40 kobo to its shareholders for the year under review.

A turnover of N85.74 billion was reported for the 12 months period, up by 14.23% from N75.06 billion reported the previous year.

Custodian Investment a profit after tax of N10.05 billion, down by 20.75% from N12.69 billion profit reported in 2020 financial year. Earnings per share of the company stands at N1.71.

At the share price of N7.20, the P/E ratio of Custodian Investment stands at 4.21% with earnings yield of 23.74%.

The qualification date for the proposed dividend is March 25, 2022.

The Register of Members will be closed from Monday March 28 to Friday April 1, 2022 (both dates inclusive).

On April 10, 2022, dividend will be paid electronically to shareholders whose names appear on the Register of Members as at March 25, 2022.

Source: Custodian Investment Plc declares 40 kobo dividend to shareholders in FY 2021 – StocksWatch (stocksng.com)

Related Posts

02

Sep
Business & Economy

SEC launches redesigned website

The Securities and Exchange Commission (SEC) has officially launched its newly redesigned official website, making a significant approach toward enhancing digital engagement, regulatory transparency, and investor protection. The regulator, in a statement on Monday, said the upgrade introduces a modern design, enhanced functionality, and a streamlined user experience aimed at investors, market operators, and the general public. According to […]

01

Sep
Business & Economy

Nigerian Stock Market Extends Losing Streak

The Nigerian stock market closed lower last week, extending its bearish run as profit-taking hit 57 stocks. The All-Share Index (ASI) fell by 0.50%, settling at 140,295.49 points compared to 141,004.14 points in the prior week. Similarly, market capitalization declined by 0.49%, closing at ₦88.769 trillion from ₦89.209 trillion, representing a loss of about ₦440 billion. On[…]