Aluminium Extrusion Plc Declares Dividend Payment Of N0.05 Kobo To Shareholders

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Aluminium Extrusion Plc has announced a final dividend payment of N0.05 kobo per 50 kobo. This dividend payment will be subject to shareholders’ approval at the Annual General Meeting (AGM) and withholding tax.

Ache Exchange (NGX) shareholders ensure their registration in the Register of Members at the qualification date of May 27, 2022. The dividend, which amounts to N10 million, is disbursed. They intend to do it electronically to ordinary shareholders whose names appear on the Register of Members as of Friday, May 27th, 2022. And also those who have completed the e-dividend registration and mandated the Registrar to pay their dividends directly into their bank accounts.

The company’s registrar is GTL Registrars & Data Solutions Limited, and the e-dividend mandate form downloaded or filled in online on the registrar’s website.

Aluminum Extrusion Industries Plc has 219,956,000 outstanding shares. And also a market capitalization of N1.58 billion at the time of filing this report. The company’s shares opened trading on the 10th of June, 2022 at N7.20 per share and closed at N7.20 per. Revenue of N532 million reports in the full-year period compared to N679 million in the same period of 2021.


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