US$ 25m to be injected onto FX market
November 19th, 2019
Government to roll out Rural Telephony Initiative for communities by 2020
November 19th, 2019

Guinness Ghana declares dividend to shareholders at 47th AGM

The financial year under review delivered GHc9 million in dividend

The leading total beverage manufacturing company in Ghana, Guinness Ghana Breweries PLC, has declared dividend to its shareholders, after the company’s 47th Annual General Meeting in Kumasi.

The financial year under review delivered GHc9 million in dividend, which translates into a dividend payout of GHc0.0293 per share, which was approved by the shareholders on Wednesday 13th November 2019.

Read: Guinness Ghana launches new stout ‘Guinness Smooth’ at star studded exclusive reveal

This is the second time in a row Guinness Ghana is paying dividend to shareholders after 6 six years.

The Board Chairman of Guinness Ghana Dr. Felix Addo, said the company has had another positive performance and the ambition to create the best performing, most trusted and respected consumer products company in Ghana is on course.

Read: Guinness Ghana wins Green Corporate Star Award at EMY 2019

“Bottom line growth was challenged by the significant Ghana Cedi devaluation, VAT regulation change which increased all our cost base by 5% and broader commodity inflation. However, in the next financial year, we hope to do even better. We have the right people and a clear strategy to deliver another impactful year”, he said.

 

Source: www.citibusinessnews.com