Dangote Sugar declares dividend, Shareholders rejoice with a high yield.   

09 April 2019 : ( DANGSUGAR ) just announced that their shareholders will be getting a dividend of N 1.1 Kobo per 50 Kobo ordinary share ( still subject to shareholder’s approval ) along with the appropriate withholding tax at the close of business on Friday 31st May 2019.

( DANGSUGAR ) closed the day at a share price of N 13.45, which translates to a dividend yield of 8.17%, which is quite high for the consumer goods sector. The average market dividend yield percentage in is 4.5%.

Reporting for EasyKobo on Tuesday , 09 April 2019 in Lagos, Nigeria

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