MTN Nigeria total dividend increased by 18.9% between the 2021 and 2022 financial years | TheCable

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MTN Nigeria total dividend increased by 18.9% between the 2021 and 2022 financial years | TheCable
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PROMOTED: MTN Nigeria total dividend increased by 18.9% between the 2021 and 2022 financial years | TheCable

necessary deduction of withholding tax) to shareholders whose names appear in the Company’s Register of Members by the close of business on March 27, 2023. This brings the total dividend for the year ended December 31, 2022, to N15.60. The cash dividend will be paid to eligible shareholders on April 20, 2023.

The decision to incorporate the Scrip Dividend Election Plan will benefit the qualifying shareholders because those who elect to receive new ordinary shares will be able to increase the number of shares they hold in the Company without incurring capital market-related transaction costs.

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