Unilever Proposes Dividend Of 5 Kobo Per Share

Unilever Nigeria Plc, has notified the Nigerian Stock Exchange of the closure of register of members and dividend payments.

According to the letter written to the NSE;

1) The Board approved the recommendation of the sum of N189,164,000.81, that is, 5 kobo gross per share which if appproved by Members in General Meeting, is payable on Friday, 13 May, 2016.

2) Closure of Register of Members for the purpose of preparation of Dividend payments – Monday 11 April – Friday 15 April, 2016.

The company’s Q4’15 result shows a Profit After Tax (PAT) of N1.19billion, as against the N141 million it posted at the close of trading in the third quarter.

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