Berger shareholders have approved N202 million in dividends.

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Shareholders of Berger Paints of Nigeria Plc, a maker of paints and allied goods, have approved the payment of N202,876,413 in dividends for the fiscal year 2022.

The shareholders approved the payment of N202,876,413 in dividends at a rate of 70 kobo per share, up from 40 kobo the previous year.

Shareholders also supported Mrs Alaba Fagun’s nomination as the company’s Managing Director and Chief Executive Officer. Kehinde remarked that the company’s dividend policy had remained steady over the last ten years.

Punch.

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