Lafarge Africa Plc announces N16.1 bn dividend for shareholders

The management of Lafarge Africa Plc has announced the payment of N16.11 billion to its shareholders.
The company says the payment is the  the final dividend for the period ended 31st December 2020.
In an announcement released by the firm through the website of the Nigerian Stock Exchange, it is expected to pay a dividend of N1.0 per share for all the outstanding 16,107,795,721 ordinary shares of the organization
With this development, the total dividend payout to bonafide shareholders to N16.11 billion.
The report added that the shareholders will be paid electronically to shareholders on Thursday 25th May 2021,
It was gathered that thr major conditions for qualifying shareholders is: Register of Members at the close of business on Friday, 30th April 2021.
Also, Only shareholders that have their  names written in the Register of Members at the close of business on Friday, 30th April 2021