PZ Cussons announces payment of N992.6m as dividend to shareholders

PZ Cussons Nig Plc has announced a dividend of 25kobo per ordinary share, representing N992.62 million payout to shareholders for the financial period ended May 31, 2021.

The company in a statement signed by its company’s secretary, Jacqueline Ezeokwelume on Nigerian Exchange Limited (NGX) said the  interim dividend of 25 kobo per share which is subject to appropriate withholding tax and approval will be paid on all of the company’s 3,970,477,045 outstanding shares, taking the total amount to be disbursed as dividends to N992.62 million.

According to the disclosure, on the 28th of January 2022, the dividend will be paid electronically to the shareholders whose names appear in the Register of Members as at the close of business on the 7th of January, 2022.

In order to facilitate the process, the Register of Shareholders will be closed from Monday, 10th of January to Friday, 14th of January, 2022.

Hence, shareholders are urged to ensure that their names appear on the Company’s Register of Members as at the aforementioned date and shareholders who are yet to complete the e-dividend registration are advised to download the form on the Registrar’s website, complete the form and submit it to the Registrar or their respective banks.

Shareholders are also expected to mandate the Registrar (First Registrars & Investor Services Limited) to pay their dividends directly into their bank accounts.

Furthermore, shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment are advised to contact the registrar.