Beta Glass Company has declared a dividend. The Nigerian bottle maker reiterated its commitment to ensuring the timely completion of an ongoing furnace capacity expansion at its Guinea plant in Agbara. The project, which is costing the company the sum of $30 million, is expected to be ready by June this year.
Beta Glass Plc was incorporated in 1974 and listed on the NSE in 1986. Its business model entails the production and sale of glassware such as bottles for wine, soda, hard liquor, glass containers for cosmetics and pharmaceuticals.
| Financial period | FY 31/12/2019 |
| Ex-Dividend date | 15/06/2020 |
| Record date | 11/06/2020 |
| Payment date | 03/07/2020 |
| Dividend amount per share | 1.67 NGN |
The company is headquartered in Lagos but has production plants in the Agbara industrial hub of Ogun State, as well as Ughelli in Delta State.
According to the Nigerian Stock Exchange (NSE), Beta Glass Plc has a market capitalisation of N34.1 billion.
Beta Glass Plc is a subsidiary of Frigoglass Industries Nigeria Limited, which holds a 61.9% stake in Beta. Frigoglass is itself a subsidiary of the Greek company, Frigoglass S.A.I.C, which is a major player in the global Ice Cold Merchandisers (ICM) market. Consequently, it is the Athens-based Frigoglass S.A.I.C that owns the controlling share in Nigeria’s Beta Glass Plc.
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has successfully concluded its 2026…
The Federal Government has unveiled FreeTV, a new free-to-air digital television platform designed to provide…
The FTC warned car dealer groups across America about hidden fees & misleading pricing. New…
Johannesburg, South Africa. 17 June 2026 – Ukiyo, a South African edutech and youth development…
Lagos, Nigeria — As part of its ongoing commitment to youth empowerment, financial inclusion, and…
Kenya layer farmers are experiencing lower-than-expected egg production, with industry experts attributing the decline largely to…
This website uses cookies.