Firms increase dividends 15.31% to N597.86bn in 2018

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Dividend payment from Nigeria’s largest companies continued to climb in the last quarter of 2018 as they wooed shareholders even amid a tough and unpredictable macroeconomic environment. Among index members, 47 companies declared N567.86 billion cash dividends, a 15.31 percent increase from N493.78 billion paid to owners in 2017. Dangote Cement Nigeria plc, the largest…

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