{"id":74292,"date":"2023-07-26T23:58:48","date_gmt":"2023-07-26T22:58:48","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=74292"},"modified":"2023-07-26T23:58:48","modified_gmt":"2023-07-26T22:58:48","slug":"ngx-group-declares-25-kobo-interim-dividend-payment","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ngx-group-declares-25-kobo-interim-dividend-payment\/","title":{"rendered":"NGX Group Declares 25 Kobo Interim Dividend Payment"},"content":{"rendered":"<p>The Nigerian Exchange Group Plc has announced an interim dividend of 25 kobo per ordinary share of 50 kobo each, distributable to shareholders for the first half of financial year 2023.<\/p>\n<p>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\u2019 Register as of close of business Monday, 31 July 2023. Payment will be remitted electronically to qualified shareholders on Thursday, 31 August 2023.<\/p>\n<p>The interim dividend follows the emergency meeting of the Board of Directors on Tuesday, 25 July 2023.<\/p>\n<p>The dividend announcement also comes as a resolution of the Board following the request from shareholders at the recently held Annual General Meeting on 14 July 2023.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>Commenting on the dividend announcement, the Chairman, NGX Group, Alhaji (Dr) Umaru Kwairanga said, \u201cThe announcement of the dividend will send a signal to our shareholders that the Company has a listening and responsive Board following the request at the last annual general meeting. We hope to continue enjoying the support of our valued shareholders as NGX Group seeks to execute on its strategy to create sustainable growth in the medium to long term.\u2019<\/p>\n<p>The Group Chief Executive Officer, NGX Group, Mr Oscar Onyema, stated, \u201cThe proposed payment will not significantly impact the cash position and retained earnings of the Company and will further position the company as investible for a wider class of investors in the capital market. We will continue to focus on maximising value for shareholders just as we champion the development of Africa\u2019s financial markets.\u201d<\/p>\n<p>&nbsp;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Nigerian Exchange Group Plc has announced an interim dividend of 25 kobo per ordinary share of 50 kobo each, distributable to shareholders for the first<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":64048,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[8397],"coauthors":[2391],"class_list":["post-74292","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ngx-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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