Okomu Oil declares N2 interim dividend to shareholders in Q3 2022

Okomu Oil Palm Company Plc has declared an interim dividend of N2 to its shareholders for the period ended 30 September 2022.

The Company reported a turnover of N50.179 billion for the 9 months period, up by 61.63% from N31.046 billion reported the previous year.

Profit after tax grew year on year by 55.56% to N18.051 billion from N11.604 billion reported in Q3 2021.

Earnings per share of Okomu stands at N18.92, up by 55.56% from the EPS of N12.16.

At the share price of N169.5, the P/E ratio of Okomu Oil stands at 8.96x with earnings yield of 11.16%.

Qualification date for the interim dividend of N2 is 15th of November 2022.

The Register of Shareholders will be closed from 16th November to 21st November 2022.

Payment date is on the 22nd of November 2022.

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