Nigeria: Nigerian Breweries Plc adjusted the equity price for interim dividend

Nigerian Breweries Plc has adjusted its equity price for an interim dividend of NGN0.40 per share as it was recently recommended by the board of directors, The Tide News published November 09.

The breweries subsector company raised the volume of equity transacted in the week with 10.06 million units of shares valued at NGN405.4 million in 1,625 deals, followed by 1.69 million units of shares worth NGN174.3 million in 518 deals.

The breweries subsector of the Exchange had Champion Breweries Plc, Guinness Nigeria Plc, and Nigeria Breweries Plc, contributing to the subsector total of 12.25 million units of shares valued at NGN580.9 million in 2,150 deals.

E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .