BY NKECHI NAECHE-ESEZOBOR–In line with the bank’s culture of paying both interim and final cash dividend, the Board of Directors of Nestlé Nigeria Plc has proposed an interim dividend of 25 kobo for every 50 kobo ordinary share for the period ended November 19, 2021.
The dividend will be paid to shareholders whose names appeared on the register of members as at the close of business on November 19, 2021.
It also announced five percent growth in its profit after tax (PAT) to N33.58 billion from N31.93 billion in 2020 for the third quarter(Q3) ended September 30, 2021
The results filed with the Nigerian Exchange Group showed that the company’s revenue also rose by 23% from N212.73 billion in same period of 2020 to N261.59 billion in 2021.
