Kampala, Uganda | THE INDEPENDENT | Shareholders of Uganda Clays Ltd will get half a shilling for every share they hold, as a return on their investment for the year ended December 2022. In the Post Annual General Meeting notice issued to the markets Tuesday, the company secretary, Lex Advocates, …
Read More »Uganda Clays dividend drop 67% to Shs 450million
The company continues to focus on maintaining business continuity, enhancing production capacity and product quality Kampala, Uganda | THE INDEPENDENT | Uganda Clays shareholders will earn Shs 450 million or Shs 0.5 per share as dividends due to a 59% drop in profit after tax for the year ended December 31, …
Read More »MTN Uganda proposes to pay Shs123bn dividend
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has proposed to pay a final dividend of Shs 123bn or Shs 5.5 per share to shareholders following double-digit growth in profits for 2022. The annual financial results show that the Uganda Securities Exchange-listed firm recorded a 19.3% growth in profit after tax …
Read More »Equity withdraws proposed dividend due to market uncertainty
Nairobi, Kenya | THE INDEPENDENT | The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion ($88 million) dividend payout to its shareholders. According to a statement, Equity states that “the …
Read More »Oil giant TOTAL’s annual net profits up 22% at $6.2 billion
Total confident despite volatile oil prices Paris, France | AFP | French oil major Total said Thursday it planned to increase its dividend to shareholders as it expressed confidence earnings could withstand the current volatility in oil prices. Total said in a statement that its headline net profit soared 22 …
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