Nigerian Aviation Handling Company has announced a dividend of 25 kobo per share

Declaration date: 18/04/2019

Record date: 08/07/2019

Pay date: 26/07/2019

Ex dividend date: 09/07/2019

For year end date: 31/12/2018

Period end date: 31/12/2018

Gross dividend: 0.25

Net dividend: 0.225

Marker: FNL

Frequency: ANL

Tax rate: 10

About the company

Nigerian Aviation Handling Company Plc (nahco aviance) is an investment holding company in Nigeria with business interests in aviation services and support. This includes aviation cargo, aircraft handling, passenger facilitation, crew transportation and aviation training. The company was established in 1979 as the sole ground handler at the newly-commissioned Murtala Muhammed International Airport in Lagos. Today, Nigerian Aviation Handling Company Plc handles 70% of domestic and foreign airlines operating in Nigeria encompassing 35 airlines at 9 airports across Nigeria. Subsidiary companies include Mainland Cargo Options and Nahco Power Energy and Infrastructure. The Federal Government through Federal Airports Authority of Nigeria (FAAN) has a 60% equity stake in the aviation enterprise. The remaining 40% is held by Air France, British Airways, Sabena and Lufthansa. The company’s head office is in Lagos, Nigeria.