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MTN Commence Payment Of Dividend To New Shareholders

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MTN Commence Payment Of Dividend To New Shareholders

MTN Commence Payment Of Dividend To New Shareholders

If you are one of the new MTN shares subscribers, you will be happy to know that MTN has commenced the Payment Of Dividend on Thursday 28th April 2022.

Flippstack gathered that new shareholders who recently subscribed to the MTN Shares are eligible to receive the proposed 2021 final dividend of N8.57 per share, according to MTN.

You may also want to read MTN Shares Update: SEC Approves Allotment Of MTN Nigeria Shares

The payment which was subject to approval at the MTN Annual General Meeting held on Thursday 28 April 2022 has commenced And the payment was made to those whose names are recorded in the register of shareholders as of 6th April 2022 In addition, new shareholders will also receive one (1) free share for every twenty (20) allotted, subject to a maximum of two hundred and fifty (250) shares, provided you hold the shares allotted to you for 12 months from the date of allotment.

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MTN also revealed that over the last three years, the annual dividend paid has grown progressively at an average rate of 29% to N267 billion in 2021.

MTN has assured shareholders that In line with their shareholder engagement policy, they will regularly update you on the operational and financial performance of your Company and its corporate actions, as well as notify you in advance of all shareholder meetings.

You may also want to read MTN Commence Allotment Of Shares To Subscribers

MTN invites shareholders to contact them directly with any suggestions, ideas, or questions that they may have at [email protected] For more information about your company, you can also visit https://www.mtnonline.com/about-us/investor.

MTN Commence Payment Of Dividend To New Shareholders

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