Share and Dividend Information
Shares
- Total Outstanding Shares: 1,000,000,000
- Par Value: ₦1.00
- Trading Symbol: NELE
- Exchange Listing: Nigerian Stock Exchange (NSE)
Dividend History
| Year | Dividend Per Share (₦) | Dividend Payout Date | Dividend Yield (%) |
|---|---|---|---|
| 2023 | 1.50 | December 31, 2023 | 3.00% |
| 2022 | 1.25 | December 31, 2022 | 2.50% |
| 2021 | 1.00 | December 31, 2021 | 2.00% |
| 2020 | 0.75 | December 31, 2020 | 1.50% |
Dividend Policy
Our dividend policy aims to provide a sustainable and consistent return to our shareholders while maintaining a strong financial position for future growth. The dividend payout ratio is typically determined by the board of directors based on factors such as profitability, cash flow, and investment opportunities.