MTN, NB, Guinness to resume dividend payments as pressure eases

…Cadbury, Unilever, NASCON join list of payers

MTN Nigeria, Nigerian Breweries and Guinness Nigeria are on track to resume dividend payments by the end of 2025 as pressure eases after years of balance sheet strain.

Cadbury Nigeria Plc and Nascon Allied Industries are also among the firms likely to pay dividends by the end of the year.

The shift signals the end of a prolonged dividend drought when many listed firms – hit by President Tinubu’s reform shocks – could not pay dividends due to negative retained ea

…Cadbury, Unilever, NASCON join list of payers

MTN Nigeria, Nigerian Breweries and Guinness Nigeria are on track to resume dividend payments by the end of 2025 as pressure eases after years of balance sheet strain.

Cadbury Nigeria Plc and Nascon Allied Industries are also among the firms likely to pay dividends by the end of the year.

The shift signals the end of a prolonged dividend drought when many listed firms – hit by President Tinubu’s reform shocks – could not pay dividends due to negative retained ea

Source: Businessday.ng | Read Full Story…