The Board of Directors of Okomu Oil Palm Company Plc has recommended a final dividend payment of N26 per share, which would translate into a total dividend payout of N36 to shareholders for the year ended 31 December.
The Company reported revenue of N130.2 billion for the 12 months period, up by 73% from N75.1 billion revenue reported the previous year.
Profit after tax of N39.96 billion was achieved for the 12 months period, up by 94% from N20.65 billion reported the previous year.
Earnings per share of Okomu stands at N41.89.
At the share price of N545.20, the P/E ratio of Okomu stands at 13.02x with earnings yield of 7.68%.