Meyer has announced an interim dividend of N1.50, more than two times the price of the stock.
The Nigerian Exchange Limited saw releases of a couple of earnings reports last week most of which were strong and promising. The mid-year earnings reports of some banks, especially the Big 5 Banks commonly called FUGAZ are due in the days ahead, which could shape the turn the market will take in the short term.
PREMIUM TIMES has assembled a number of stocks with potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment. The selection, a product of analytical market watch, offers a guide to entering the market and take strategic positions in hopes that equities will gain value with the passage of time, particularly in the short term.
This is not a buy, sell or hold recommendation. You may have to involve your financial advisor before making investment decisions.NNFM makes the stocks to watch this week by virtue of its declaration of an interim dividend payout of N0.15 per share to stockholders whose names appear in the company’s register of members by August 24. The cash reward is payable on September 10.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
STOCK MARKET: Equites Market To Trade Positive Amid H1 Corporate EarningsThe Nigerian equities market is expected to trade positive as investors continue to position themselves on the released half year (H1) results and other
Read more »
Plateau killings: Soldiers can't stop armed herdsmen but can intercept Indian hemp - HURIWA alleges systematic genocideHuman Rights Writers Association of Nigeria, HURIWA, has wondered why soldiers of the division 3 of the Nigerian Army are folding their hands and watching
Read more »
USA top Olympic medal table as delayed Games draw to closeEliud Kipchoge produced a marathon masterclass and the USA edged China at the top of the Olympics medals table as the curtain was set to
Read more »
Tokyo Olympics: USA Edges China To Top Gold Medal TallyTeam USA staged a thrilling comeback in the final hours of the Tokyo 2020 Olympics to top the gold medal table for the third Summer Games in a row. The
Read more »