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Vitafoam Shareholders to Get N0.70 Dividend Payment Alerts February

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Vitafoam Nigeria reports a 72% increase in profit to N4.11 billion in 2020 Brandnewsday

The board of Vitafoam Nigeria Plc has said shareholders of the company will have their N0.17 per share dividend paid directly into the bank accounts from Friday, February 12, 2020.

The company said the cash reward would only be for investors whose names appear in the register of members as at the close of business on September 29, 2020, according to a notice to the Nigerian Stock Exchange (NSE)

It also said the dividend for the period ended September 30, 2020, is subject to the appropriate withholding tax and approval, while the register of members will be closed on February 15 to February 19, 2020, a period the registrar will sort out the process of payment to shareholders, who have completed the e-dividend registration and have mandated the registrar, Greenwich Registrar and Data Solutions Limited, to pay the money directly into their bank accounts.

Vitafoam said it’s Annual General Meeting (AGM) will take place at the Radisson Blu, Isaac John, Ikeja GRA, Lagos on March 4, 2020, at 10 am.

The firm has advised shareholders who are yet to complete the e-dividend registration to download the form from the registrar’s website.

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