The company’s service revenue surged by 20.4% to Shs 1.5 trillion, supported by an increase in mobile subscriber numbers, which now stand at 20.7 million. Kampala, Uganda | THE INDEPENDENT | MTN Uganda is set to pay shareholders an interim dividend of Shs 6.6 per share, amounting to Shs 147.8 billion, …
Read More »BAT Uganda declares Shs 8.9 billion dividend
Illicit cigarettes remains a big headache the tobacco distributor in Uganda Kampala Uganda | JULIUS BUSINGE | Shareholders of British American Tobacco Uganda Limited will receive Shs 8.9 billion as dividend, equivalent to Shs 181 per ordinary share, following approval at the 24th Annual General Meeting held at Sheraton Kampala Hotel. …
Read More »MTN Uganda shareholders earns a record Shs 403billion dividend
The telecom company paid Shs1.1 trillion to URA in tax revenues compared to Shs 927bn in the previous year as a contribution to the country’s fiscal and economic development goals Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholder are set to earn a record dividend of Shs 403 billion for …
Read More »Stanbic Uganda shareholders to get shs.280 billion in dividend payout
Kampala, Uganda | THE INDEPENDENT | Shareholders of Stanbic Uganda Holdings are set to receive up to 280 billion shillings in total dividends payout for the year ending December 2023. This is a record-high payout, and it is 45 billion shillings higher than last financial year’s payment. The payment arises from …
Read More »Uganda Clays pays half a shilling a share dividend
Kampala, Uganda | THE INDEPENDENT | Shareholders of Uganda Clays Ltd will get half a shilling for every share they hold, as a return on their investment for the year ended December 2022. In the Post Annual General Meeting notice issued to the markets Tuesday, the company secretary, Lex Advocates, …
Read More »Uganda Clays dividend drop 67% to Shs 450million
The company continues to focus on maintaining business continuity, enhancing production capacity and product quality Kampala, Uganda | THE INDEPENDENT | Uganda Clays shareholders will earn Shs 450 million or Shs 0.5 per share as dividends due to a 59% drop in profit after tax for the year ended December 31, …
Read More »MTN Uganda proposes to pay Shs123bn dividend
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has proposed to pay a final dividend of Shs 123bn or Shs 5.5 per share to shareholders following double-digit growth in profits for 2022. The annual financial results show that the Uganda Securities Exchange-listed firm recorded a 19.3% growth in profit after tax …
Read More »Equity withdraws proposed dividend due to market uncertainty
Nairobi, Kenya | THE INDEPENDENT | The Board of Directors of Equity Group Holdings Plc, the largest bank on the Nairobi Securities Exchange by market capitalization, has withdrawn its recommendation of a Ksh. 9.5 billion ($88 million) dividend payout to its shareholders. According to a statement, Equity states that “the …
Read More »Oil giant TOTAL’s annual net profits up 22% at $6.2 billion
Total confident despite volatile oil prices Paris, France | AFP | French oil major Total said Thursday it planned to increase its dividend to shareholders as it expressed confidence earnings could withstand the current volatility in oil prices. Total said in a statement that its headline net profit soared 22 …
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