Nigerian Breweries to pay shareholders N33bn dividend

Nigerian Breweries

The board of directors of Nigerian Breweries Plc has announced its results for the 2017 operating year with a dividend recommendation of N33 billion to its shareholders. The recommendation, which amounts to a total dividend of N4.13 per share for the 2017 operating year was part of the company’s filing to The Nigerian Stock Exchange […]

When dividends can be harmful to a company’s health

Pearson’s self-declared ambition to be seen as “the world’s learning company” came a little more into focus last month as the former FT owner offloaded a 22% stake in Penguin Random House (PRH). The sale – to PRH’s co-owner, German media giant Bertelsmann – alongside a recapitalisation of the business, raised some $1bn (£767m) and […]