Business

NGX Group declares 25kobo interim dividend payment

Rising from an emergency meeting of the Board of Directors on Tuesday July 25, Nigerian Exchange Group Plc (NGX Group) announced an interim dividend of 25 kobo per ordinary share of 50 kobo each, distributable to shareholders for the first half (H1) of financial year 2023.


This dividend, which is the first since the demutualisation of the Nigerian Stock Exchange will be paid to shareholders whose names appear in the Shareholders’ Register as of close of business Monday, July 31, 2023.


Payment will be remitted electronically to qualified shareholders on Thursday August 31, 2023. The dividend announcement comes as a resolution of the Board following the request from shareholders at the recently held Annual General Meeting on July 14, 2023.