Guinness Nigeria declares N7.14 dividend to shareholders, grows PAT by 1146.8%

Guinness Nigeria Plc has declared a final dividend of N7.14 to its shareholders for the year ended 30 June 2022.

A turnover of N206.82 billion was reported for the 12 months period, up by 28.93% from N160.42 billion reported the previous year.

Profit after tax grew year on year by 1146.8% to N15.65 billion from N1.26 billion reported the previous year.

Earnings per share of the company increased to N7.15 from the EPS of N0.57 reported the previous year.

At the share price of N90.50, the P/E ratio of Guinness stands at 12.67x with earnings yield of 7.90%.

Qualification date for the proposed dividend is 23rd of September 2022. The Register of Shareholders will be closed from 26th September 2022 to 30th September 2022.

On 26th October 2022, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 23rd September 2022, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

Source: Guinness Nigeria declares N7.14 dividend to shareholders, grows PAT by 1146.8% – StocksWatch (stocksng.com)

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