BOC Gases has announced a dividend of 40 kobo per share

Declaration date: 28/03/2019

Record date: 31/05/2019

Ex dividend date: 03/06/2019

Pay date: 21/06/2019

For year end date: 31/12/2018

Period end date: 31/12/2018

Gross dividend: 0.4

Net dividend: 0.36

Marker: FNL

Frequency: ANL

Tax rate: 10

About the company

BOC Gases Nigeria Plc manufactures and distributes gases for the industrial and medical sectors in Nigeria including argon, nitrogen carbon dioxide and oxygen. The company also manufactures and distributes welding products and sells a range of medical equipment. Established in 1959 and formerly known as Industrial Gases Plc, the company changed its name to BOC Gases Nigeria Plc in 1997. In 2006, The Linde Group AG acquired a 60% stake in the business with the balance held by Nigerian shareholders. As part of The Linde Group, BOC Gases Nigeria has access to the largest industrial gases and welding products enterprise in Africa namely African Oxygen Plc (Afrox). The company’s head office is in Lagos, Nigeria.