Shareholders of Guinness Ghana Breweries Limited (GGBL) will enjoy a dividend of GH¢0.0138 per share for the financial year ending, 30th June, 2020.
That will however be subject to approval by the shareholders at its Annual General Meeting.
The total dividend to be paid will amount to GHS4.26 million, and it will be lower than the 2019 financial year where a total dividend of GHS9.01 million (GHS0.0293) was paid.
A circular from the Ghana Stock Exchange disclosed that all shareholders registered in the books of GGBL at the close of business on Monday, 2nd November, 2020 will qualify for the final dividend.
The ex-dividend date has however been set as Thursday, 29th October, 2020.
Consequently, an investor purchasing GGBL shares before this date will be entitled to the final dividend.
However, an investor buying GGBL shares on or after Thursday, 29th October, 2020 will not be entitled to the final dividend.
The final dividend will be paid from Friday, 4th December 2020.
2020 Annual Report
GGBL registered a profit of GHS12.1 million in 2020, but a decline in its 2019 earnings of GHS18 million.
As a result, its earnings per share stood at GHS0.040, compared with GHS0.059 in 2019.
Covid-19 impact
Due to the impact of covid-19, GGBL committed GHS10 million to provide customers and trade partners with Veronica buckets and educational materials to ensure that their spaces are safe for themselves and consumers as well.
It also partnered with and extended a hand of support to the Health Promotion Division of the Ghana Health Service as they carry out their mandate to educate and sensitize Ghanaians on the need to adhere to health and safety protocols meted out by the World Health Organization and the Government of Ghana.
Latest Stories
-
Black Queens visit Jubilee House after WAFCON heroics; Mahama promises security service recruitment support
3 minutes -
Alien: Earth to Wednesday: 10 of the best TV shows to watch this August
12 minutes -
Forestry Commission condemns illegal shutdown of three district offices in Ashanti Region
29 minutes -
National Security must end interference in Forestry Commission’s work – Anti-Galamsey Coalition cautions
32 minutes -
Keep your eyes on us – MOBA 2015 marks inauguration with a promise to lead and serve
33 minutes -
BoG warns financial institutions violating forex act; threatens to revoke remittance licenses
1 hour -
EPA engages media on land reclamation campaign; vows crackdown on non-compliant miners
2 hours -
Samini set to perform at 2025 Guinness Ghana DJ Awards
2 hours -
Beyond my wildest dreams: A journey to the White House, U.S. Capitol, and a life-changing leadership opportunity
2 hours -
Michael Bartlett‑Vanderpuye named CEO of the Year – Exporter at Ghana CEO Vision, Exhibition & Awards
2 hours -
Women in Aquaculture: COA holds Cold Chain Management training to boost fish preservation
3 hours -
GCB Bank launches digital salary advance product for workers
3 hours -
Kennedy Agyapong officially declares intent to contest NPP primaries
3 hours -
Mr Drew warns DopeNation over comments on ‘This Year’ songwriting credit
3 hours -
Dominic Ayine hasn’t recovered a single Cedi in uniBank case – Godfred Dame
3 hours