United Capital declares N1.50 dividend to shareholders, grows profit by 46.78% in FY 2021

United Capital Plc in its published Audited Financial Statement for the year ended 31 December 2021 declared a final dividend of N1.50 to its shareholders.

The reports shows year on year growth in the Company’s top line and bottom line figures for the period under review.

A turnover of N18.065 billion was reported for the 12 months period, up by 40.32% from N12.874 billion reported the previous year.

Profit after tax grew by 46.78% to N11.465 billion from N7.811 billion reported in FY 2020.

Earnings per share of United Capital increased to N1.91 from the EPS of N1.30 achieved the previous year.

At the share price of N12, the PE. Ratio of UCAP stands at 6.28x with earnings yield of 15.92%.

Qualification date for the dividend is March 8, 2022.

The Register of Shareholders will be closed from March 9, 2022 to March 15, 2022 (both dates inclusive).

On March 23, 2022, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at March 8, 2022, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

Source: United Capital declares N1.50 dividend to shareholders, grows profit by 46.78% in FY 2021 – StocksWatch (stocksng.com)

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