Africa Prudential approve 900m dividends

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Shareholders of Africa Prudential Plc have given their approval for the payment of N900 million in dividends, equivalent to 45 kobo per share, for the financial year ending December 31, 2023.

This decision was made during the company’s 11th Annual General Meeting (AGM), which took place virtually in compliance with the Business Facilitation Act, allowing public companies to conduct AGMs electronically.

Additionally, Africa Prudential unveiled a new investment platform called Invearn during the AGM. Invearn is designed to provide investors with valuable insights to make informed investment decisions and optimize returns on their investments.

Chief (Mrs) Eniola Fadayomi, the Chairman of Africa Prudential, emphasized the company’s commitment to continuous transformation during the meeting. She highlighted the company’s impressive growth, with total assets reaching N22.9 billion, a 19 percent increase compared to the previous year’s figure of N19.2 billion.

Source: Vanguard

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