Nigerian Breweries declares N1.03 as final dividend for shareholders

Nigerian Breweries Plc has declared a final dividend of N1.03 to its shareholders for the year ended 31 December 2022.

The Group reported a turnover of N550.64 billion for the 12 months period, up by 25.92% from N437.29 billion reported the previous year.

Profit after tax grew year on year by 4.06% to N13.187 billion from N12.672 billion reported the previous year.

The Earnings per share of the Group stands at N1.28.

At the share price 41.5, the P/E ratio of Nigerian Breweries stands at 32.34x with earnings yield of 3.09%.

Leave a Reply

Your email address will not be published. Required fields are marked *