Julius Berger Nigeria Plc on Monday released its Audited financial report for the period ended 31 December, 2019.
The construction giant posted a turnover of N266.43 billion, up by 36.90% when compared to the turnover of N194.62 billion recorded in 2018.
Profit before Tax grew by 36.49% to close at N13.92 billion away from the previous close of N10.198 billion.
Profit after Tax was up by 43.56%, to settle at N8.76 billion away from the previous close of N6.1 billion in 2018.
The Earnings Per Share (EPS) of Julius Berger stands at N6.64, up by 43.56% against the previous EPS of N4.62.
With reference to the share price of N22.15, the P.E ratio of Julius Berger stands at 3.34x with earnings yield of 29.98%.
Julius Berger Nigeria proposed a final dividend of Two Naira, Seventy Five kobo (N2.75) to its shareholders. Relative to the current share price of N22.15, dividend yield of the firm stands at 12.45%.
The firm in addition to dividend also declares bonus to shareholders in the proportion of 1 (one) new ordinary share for every 5 (five) existing shares held.
- Qualification date for dividend is May 29, 2020.
- Closure of register is from June 1 to June 3, 2020
- Payment date for dividend is on June 19, 2020