First HoldCo raises annual dividend by half, but payout ratio drops

First HoldCo raises annual dividend by half, but payout ratio drops

First HoldCo’s dividend payout ratio, a measure of what it is paying to shareholders out of its profit for the year, stood at 3.7 per cent, down from 4.6 per cent a year ago. The post First HoldCo raises annual dividend by half, but payout ratio drops appeared first on Premium Times Nigeria.

Femi Otedola To Earn ₦2.53 Billion In Dividends From First HoldCo Plc In 2024

Olufemi Otedola, the Group Chairman and Non-Executive Director of First HoldCo Plc, is expected to earn a total dividend of ₦2.53 billion in 2024 based on the company’s proposed dividend of 60 kobo per share. The dividend estimate is based on his confirmed direct and indirect holdings totaling 4,233,793,329 ordinary shares or 11.8 percent of […] The post Femi Otedola to Earn ₦2.53 Billion in Dividends from First HoldCo Plc in 2024 appeared first…