- Profit after tax grew year on year by 87.98%
Africa Prudential Plc (AFRIPRUD) has declared a final dividend of 60 kobo to shareholders for the year ended 31 December 2024. This, when combined with the interim dividend of 15 Kobo paid at half year, will bring the Total Dividend for the 2024 financial year to 75 Kobo per ordinary share.
The Company also declared bonus of One (1) ordinary share for everyone (1) ordinary share held by each ordinary shareholder as of the qualification date.
Qualification date is 21st March 2025. The Register of Shareholders will be closed from 24th March 2025 to 25th March 2025 (both dates inclusive). On 31st March 2025, dividend will be paid electronically to shareholders.
The Company reported revenue of N5.2 billion for the 12 months period, up by 31.49% from N3.95 billion revenue reported the previous year.
Profit after tax grew year on year by 87.98% to N1.81 billion from N962.91 billion reported the previous year.
Earnings per share of AFRIPRUD stands at 91 kobo.
At the share price of N33, the P/E Ratio of AFRIPRUD stands at 36.26x with earnings yield of 2.76%.