Nestle Nigeria Plc has announced a dividend of Naira 38.5 per share  

Declaration date: 06/03/2019

Record date: 10/05/2019

Pay date: 29/05/2019

Ex dividend date: 13/05/2019

For year end date: 31/12/2018

Period end date: 31/12/2018

Gross dividend: 38.5

Net dividend: 34.65

Marker: FNL

Frequency: QTR

Tax rate: 10

About the company

Nestle Nigeria Plc is a food manufacturing and marketing company in Nigeria and a subsidiary of the largest food and beverage company in the world. The company produces an extensive range of products for the retail and wholesale sectors. Famous brands in the food category include Maggi, Golden Morn, Nan, Lactogen, Nutrend and Cerelac. Brands in the beverages segment include Milo, Chocomilo, Nescafe, Nestle Pure Life and Nido. The company has an infants’ range which includes an infant formula, Nestle Nan; and infant cereals which includes Nestle Nutrend, Nestle Cerelac and Nestle Golden Morn. Nestle Nigeria also produce and market a brand of still water called Pure Life. The company’s head office is in Lagos, Nigeria.