Cadbury Nigeria declares 50 kobo dividend to shareholders, reports N449.7m as profit in FY 2021

Cadbury Nigeria Plc in its published Audited Financial Statement for the year ended 31, December 2021 declared a final dividend of 50 kobo to its shareholders.

The company reported a turnover of N42.37 billion for the 12 months period, up by 19.67% from N35.41 billion reported the previous year.

Profit after tax reported for the period under review was N449.71 million, down by 51.74% from N931.83 million reported the previous year.

Earnings per share (EPS) of the company declined year on year by 51.74% to 24 kobo from the EPS of 50 kobo achieved in FY 2020.

At the share price of N9, the P/E ratio of Cadbury Nigeria stands at 37.59x with earnings yield of 2.66%.

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