Total declares N4 interim dividend to shareholders, boosts PAT to N8.07bn

Total Nigeria Plc has declared an interim dividend of N4 to shareholders in its published Q2 report for the period ended June 30, 2021. The report shows significant growth in the company’s topline and bottom line figures.

A turnover of N151.333 billion was reported, up by 41.82% from N106.704 billion reported Q2 2020.

Profit after tax grew significantly to N8.066 billion from a loss position of –N537 million reported in the covid year.

Earnings per share for the period under review grew to N23.76 from the EPS of –N1.58 reported the previous year.

At the share price of N168, the P.E ratio of Total Nigeria Plc stands at 7.07x with earnings yield of 14.14%.

Qualification date for the interim dividend is 13th of August, 2021. The Register of Shareholders will be closed from Monday the 16th Day of August, 2021 to Friday the 20th Day of August, 2021.

On the 13th September, 2021, dividends will be paid electronically to shareholders whose names appear on the Register of Members as at 13th of August, 2021, and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

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