Berger Paint Plc has declared a final dividend of N1 to its shareholders for year ended 31 December 2024. This in addition to the interim dividend of 20 kobo already declared, making it a total dividend of N1.20 for 2024 financial year.
The Company reported revenue of N10.83 billion for the 12 months period, up by 35.95% from N7.97 billion reported the previous year.
Profit after tax grew year on year by 37.17% to N610.86 million from N445.33 million reported the previous year.
Earnings per share of Berger Paint stands at N2.11.
At the share price of N18.85, the P/E ratio of Berger Paints stands at 8.98x with earnings yield of 11.18%.
Qualification date for the proposed divided of N1 is 24th April 2025.
The Register of Shareholders will be closed from 25 April 2025 to 01 May 2025 (both days inclusive)
On 22 May 2025, final dividends will be paid electronically to shareholders whose names appear on the Register of Members as of 24 April 2025, and who have completed their e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.