• Monday, October 28, 2024
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University Press proposes 2.5kobo final dividend per share

University Press proposes 2.5kobo final dividend per share

University Press Plc has proposed a final dividend of 2.5 kobo per 50 kobo ordinary share payable to shareholders whose names appear in the Register of Members as at the close of business on September 4, 2024.

The Register of Shareholders will be closed from September 5 to 11, both days inclusive. The qualification date is September 4, 2024 while payment date is on September 26. The company’s Annual General Meeting will be held on Thursday September 26.

On this date, the dividends will be paid electronically to shareholders of University Press Plc whose names appear on the Register of Members as at September 4, 2024 and who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their Bank accounts.

Read also: University Press PAT falls on higher marketing, distribution expenses

The company’s shareholders who are yet to complete the e-dividend registration are advised to download the Registrar’s E-Dividend Mandate Activation Form, which is also available on their website www.gtlregistrars.com complete and submit to the Registrar or their respective banks.

Shareholders with dividend warrants and share certificates that have remained unclaimed, or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the Registrar.

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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