Unilever Nigeria holds AGM, declares N378m dividend





The Unilever Nigeria Plc. has declared a dividend of N378 million following the approval of the company’s shareholders at the 92nd Annual General Meeting of the Company held in Lagos on Thursday, May 11 at the Muson Centre. The dividend declared amidst a challenging operating year and environment translates to a dividend payout of 10 kobo gross per share to the shareholders.
In the year ended 2016, the Company increased its revenue by 17.8 percent from N59 billion recorded in 2015 to N69 billion as Profit After Tax (PAT) for the year ended 31st December 2016 increased significantly by 157% to N3.07bn from N1.19bn reported for the year ended 31st December 2015.

POSTED BY:OPUOMONI PRIYE
DATE:05/11/2017

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