BUA Cement Plc has declared a final dividend of N2.80 shareholders, whose names appear in the Register of Members as at the close of business on 11th August, 2023.
The Register of Shareholders will be closed from 14th August, 2023 to 18th August, 2023 (both days inclusive).
On 31st of August 2023, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 11th August, 2023, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.
The audited financial statement of the company for the year ended 31 December 2022 shows growth in the company’s topline and bottom line figures.
Revenue of N360.989 billion was reported for the 12 months period, up by 40.28% from N257.327 billion reported the previous year.
Profit after tax grew year on year by 12.14% to N101 billion from N90.079 billion reported the previous year.
Earnings per share of BUA Cement stands at N2.98, up by 12.14% from the EPS of N2.66.
At the share price of N98.95, the P/E ratio of BUA Cement stands at 33.17x with earnings yield of 3.01%.