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In a bid to reward loyal shareholders and plan ahead for the 2019 fiscal year, some companies listed on the Nigerian Stock Exchange (NSE) have declared their dividends.
TNG reports that NSE is presently at the earnings season, with most companies having till March 31, 2019 to release their financial statements for the year ended December 31, 2018.
While some have already released their results, not all proposed the payment of cash dividend or bonus shares to their shareholders.
So far, a total of 15 publicly quoted firms have recommended dividends to shareholders, with some already paid.
Only one company has so far recommended share bonus after proposing a dividend payment. This firm is Vitafoam, which is issuing one new share for every five shares of the company held by shareholders.
Below is the full list of the dividends so far in 2019: