United Capital Plc proposes 30 kobo dividend to shareholders, grew turnover by 3.86%

United Capital Plc released its financial report for the year ended 31 December, 2018 on Thursday 21st of February 2019.  The Gross Earnings of the group grew by 3.86% to close at N9.26 billion against the previous close of 8.92 billion in the full year report of 2017.

Profit after Tax (PAT) closed at N4.34 billion declining by 0.56% from the previous PAT of N4.36 billion in 2017.

The earning per share of the group is 72 kobo against the previous EPS of 73 kobo in 2017.

With reference to its share price of N3.49, the PE ratio of United Capital Plc stands at 4.83x with earnings yield of 20.72%

United Capital Plc proposes a dividend of 30kobo per ordinary share, subject to appropriate withholding tax and approval will be paid to shareholders whose names appear in the Register of Members as at the close of business on the 13 March,  2019.

The Register of Shareholders will be closed from 14th of March, 2019 to  20th  of  March, 2019. The Qualification date is on 13 March, 2019.

 

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